• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Danny Murphy & Associates

Homes for Sale in Orange County, CA

Find Danny Murphy & Associates:

  • Facebook
  • TikTok
  • YouTube
  • LinkedIn
  • Pinterest

Homes seen on this website may be for sale, in escrow, or sold. Please contact us today to learn about our most recent inventory, including homes not yet on the market.

  • Homes for Sale in Orange County, CA
  • Reviews of Danny Murphy & Associates
    • Facebook Reviews
    • Google Reviews
    • Zillow Reviews
  • What’s Your Home Worth?
  • Contact Danny
  • About
You are here: Home / Danny Murphy and Associates / Down Payment Assistance For California Residents!

Down Payment Assistance For California Residents!

April 24, 2014

From the First Team blog:

Good news for California residents, the California Housing Finance Agency is making it easier for first time home buyer’s to secure a low down payment with the CHDAP 3% down payment assistance program. CalHFA has reduced the buyer’s minimum to just 1% in certain cases which means now is a great time to get into the market.

down-payment-assistance-california-residents

Experts predict home prices to rise in Los Angeles and Orange counties as well as in the Inland Empire. The rise is coming at a steady pace which means the market is recovering and becoming sustainable once more, but that also means that buying sooner rather than later is the best course of action.

What is CHDAP?

It stands for California Housing Downpayment Assistance Program and the program works almost like a grant. The state loans you money, up to 3 percent of the sales prices as a deferred-payment junior loan, and you don’t have to pay back the loan unless you refinance or sell the property.

How do you qualify for CHDAP?

Here a quick checklist to find out if you are eligible.

  • Who: You must be a first time buyer purchasing a primary residence (sorry, no investment properties). You qualify as well if you haven’t owned a home in the last three years so if you lost your home to a short sale or foreclosure but are ready now for homeownership after a three year waiting period, this is your chance. Special exceptions for qualified veterans and properties in designated target areas.
  • What: You must be purchasing a single family residence. Condos are allowed but must be approved by the state. Manufactured housing is not allowed.
  • Where: You must be a resident of California. The program is available in all counties including L.A., Orange, Riverside, San Bernardino and San Diego.
  • How: You must complete a home buyer education class. These classes are simple and easy and can be completed online.
  • How Much: You must fall within the specified income range. Check out the table here. The program is designed to aid low to moderate income families so if you make too much this program is not for you. The range is based on county as well was the number of people living in the house.

What is the home sales price range?

The home sales price range varies depending on which county you are in. Here’s just a quick breakdown of Southern California counties and their ranges. The highest available prices are for specified targeted areas.

Read more here: http://www.firstteam.com/blog/down-payment-assistance-california-residents/#ixzz2zpzmiWiN

Filed Under: Danny Murphy and Associates, Real Estate Tips Tagged With: Orange County

Primary Sidebar

Danny Murphy & Associates

With more than 15 years of Southern California Real Estate experience, Danny is an expert in his field.

Looking to sell your home? Call Danny today to see how our industry leading marketing and exceptional negotiating skills can help you get more for your more.
(949) 413-6967
Danny@TheSoCalLife.com

dannyandassociates

Surfer 🏄 #HuntingtonBeach Local 🌊 #OrangeCounty Realtor | #FirstTeamRealEstate 🏡 Let me help you find your dream home! #hb #CostaMesa #NewportBeach

Basement homes don't come up too often here in OC, Basement homes don't come up too often here in OC, but we can find them when they do!

If you're looking for a home with an extra living space, DM us and we'll start the search!

#livinginorangecountycalifornia #orangecountyhomes #ocrealestate #orangecountyrealtor #ochomes #orangecounty #orangecountyhomesforsale #liveintheoc #ochomesforsale #ocrealtor #ocliving #orangecountyhousingmarket #oclifestyle #orangecountylistings  #realtor  #ochomebuyers #oc #surfcityca #huntingtonbeach #orangecounty  #california #surfcityusa #surfcity #socal #hb #beachlife #beach #hblife #huntingtonbeachbusiness #hbrealtor
SOLD!! 219 Chaumont Circle, Foothill Ranch #orang SOLD!!
219 Chaumont Circle, Foothill Ranch

#orangecountyproperties  #ochomebuying #ochousehunting #homesforsale #ochousingmarket #socalhomes #socalrealestate #orangecountycalifornia #orangecountyrealestate #orangecountyhomes #ocrealestate #ochomes #orangecounty #orangecountyhomesforsale #ochomesforsale #orangecountylistings  #ochomebuyers #oc
The real estate biz never stops, not during vacati The real estate biz never stops, not during vacation and definitely not on weekends and evenings. Check out this funny video depicting a Day in the Life of Danny Murphy

#realestateinvesting #realestategoals #realestateexpert #realtorlife #realestateinvestor #realestateexperts #realestatenews #realestatemarket #househunting #homebuying #realestateforsale #realestateagents #homeownership #realestatebroker #realestatemarketing #realestatesales #realestateagency #firsttimehomebuyer #realestateinvestment #realtorsofinstagram #realestateprofessional #realestateblog
Jazz anyone?!?!? Jazz anyone?!?!?
Buying and selling real estate is a big deal. It's Buying and selling real estate is a big deal. It's a big commitment. Watch Danny's video to learn more about the buying process and why 98% of buyers have a buyer's agent! There is usually large sums of money involved in the process. Sometimes it can be quite emotional, stressful and confusing. There are lots of contracts, forms and addenda to complete or/or review. Many decisions to be made about what to buy and where. Am I paying a reasonable price, and getting reasonable terms besides just the price. How do I make a strong and competitive offer without overpaying? How is my earnest money deposit protected? Maybe you have unique financing needs or just want a second opinion from a reputable lender? What inspections should we do and why? Based upon inspection results, do we ask for repairs or a credit, maybe a price reduction or a combination of some or all? What if during escrow there is an issue with title, or you are having a hard time obtaining homeowner's insurance (as that is a BIG challenge these days), who do you go to? Now it's finally time to move! Maybe you need a good moving company, or you want to do some repairs and improvements after you move in. Who has a good roofer, electrician, plumber, general contractor, painter, flooring and window person, etc? You get the point.....there are a LOT of things to consider, account for and do when buying a home and that is where an experienced and highly skilled real estate agent comes in and helps you through the process. Please reach out to us anytime for all of your real estate questions and needs. We're here to help!

#realestatetips #realestate #realestateagent #realtor #realestatelife #realestateadvice #realestateexpert #realtorlife #realestateexperts #realestatemarket #househunting #realestateagents  #realestatebroker #realestatemarketing #realestatesales #realestateagency #realtorsofinstagram #realestateprofessional #homeseller #seller
Is your little one's artwork taking over the fridg Is your little one's artwork taking over the fridge (and everywhere else!)? Maybe it's time to find a home that grows with your family! 

Southern California has amazing options for families who need room to spread out. I can help you find your dream home in a family-friendly neighborhood!

#orangecountyproperties  #ochomebuying #ochousehunting #luxuryrealestate #isellhomesoc #ochomeseach #dreamhome #homesforsale #realestateagent #ochousingmarket #socalhomes #socalrealestate #movingtoorangecounty #orangecountycalifornia #orangecountyhousingmarket #orangecountyrealestate #livinginorangecounty #livinginorangecountycalifornia #orangecountyhomes #ocrealestate #orangecountyrealtor #ochomes #orangecounty #orangecountyhomesforsale #liveintheoc #ochomesforsale #ocrealtor #ocliving
Perhaps you have heard, but if you haven't, there Perhaps you have heard, but if you haven't, there have been some big changes in how real estate agents MUST conduct their business with all clients and potential clients. Watch Danny's video to learn about the mandatory forms that consumers will be asked to sign before seeing properties for sale or making offers. Please reach out to us anytime for all of your real estate questions and needs. We're here to help! 

#realestatetips #realestate #realestateagent #realtor #realestatelife #realestateadvice #realestateinvesting #realestategoals #realestateexpert #realtorlife #realestateinvestor #realestateexperts #realestatenews #realestatemarket #househunting #homebuying #realestateforsale #realestateagents #homeownership #realestatebroker #realestatemarketing #realestatesales #realestateagency #firsttimehomebuyer #realestateinvestment #realtorsofinstagram #realestateprofessional #realestateblog
Any guesses where we’re at? Any guesses where we’re at?
Follow on Instagram
 

Homes for Sale in Orange County:

Aliso Viejo
Anaheim
Costa Mesa
Fountain Valley
Huntington Beach
Irvine
Laguna Niguel
Lake Forest
Mission Viejo
Newport Beach
Orange
Orange County
Tustin
Villa Park
This information is based on information from the Association of Realtors/Multiple Listing as of the date the AOR/MLS data
was obtained and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.


Copyright © 2025 · Danny Murphy & Associates
 

Loading Comments...