CAFA Program Highlights
CAFA Advantage
CAFA, Capital Advantage Program | At-A-Glance
| AVAILABLE PROGRAMS | CAFA Advantage |
| QUESTIONS | Questions |
| ELIGIBLE AREA | Eligible Area |
| ELIGIBLE BORROWER(S) | No first-time buyer requirement |
| RATES | See Chart |
| DPA AVAILABLE | See Chart |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Income Limits |
| PURCHASE LIMITS | No Program overlay for purchase price limits for FHA, VA, USDA-RD. $510,400 Purchase Price for Freddie Mac |
| TIMELINE REQUIREMENTS | 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNORS | Co-Signers are permitted with FHA loans only. Co-signer cannot live in the property and cannot have any ownership interest. |
| PROGRAM GUIDELINES | CAFA Advantage Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |
CAFA First Home
CAFA First Home | At-A-Glance
| AVAILABLE PROGRAMS | CAFA First Home |
| ELIGIBLE AREA | Eligible Areas |
| ELIGIBLE BORROWER(S) | Buyers and their spouses (including a non-purchasing spouse) must be first-time buyers. |
| RATES | See Chart |
| DPA AVAILABLE | 2025B Program - 5% Assistance **2026A Program - 4% Assistance |
| LOAN TYPE | FHA, VA, USDA-RD, Fannie Mae HFA Preferred and Freddie Mac HFA Advantage |
| INCOME LIMITS | Income Limits |
| SALES PRICE LIMITS | Sales Price Limits |
| TIMELINE REQUIREMENTS | 60 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNERS | Permitted to the extent allowed by applicable Agency or GSE. See guidelines for important details. |
| PROGRAM GUIDELINES | 2025B Program Guidelines |
| PROGRAM GUIDELINES | 2026A Program Guidelines |
| PRE-CLOSING DOCUMENTS | Notices to Buyers and Recapture Tax Brochure |
| TARGETED AREAS | Targeted Area Census Tracts |
| PARTICIPATING LENDERS | Participating Lenders |
CAFA PLUS
CAFA PLUS | At-A-Glance
| AVAILABLE PROGRAMS | CAFA PLUS |
| ELIGIBLE AREA | Eligible Area |
| ELIGIBLE BORROWER(S) | No first-time buyer requirement |
| RATES | See Chart |
| DPA AVAILABLE | See Chart |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Income Limits |
| PURCHASE LIMITS | No Program overlay for purchase price limits for FHA, VA, USDA-RD, use Agency Loan Limits. For Freddie Mac the limit is $510,400 |
| TIMELINE REQUIREMENTS | 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNORS | Co-signors are permitted with FHA loans only. Co-signor cannot live in the property and cannot have any ownership interest. |
| PROGRAM GUIDELINES | CAFA Advantage PLUS Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |
Today’s Rates & Offerings
CAFA, Capital Advantage Program | Rates & Offerings
| [ Business Days 9:00am - 7:00 pm CT ] | |||||
|---|---|---|---|---|---|
| First Home 2026A BOND | |||||
| Offering | FICO | DPA | Lock Rate | ||
| FHA, VA, USDA-RD | See Guidelines | 4% | 5.880% | ||
| Fannie Mae / Freddie Mac 80% AMI | See Guidelines | TBA | TBA | ||
| Advantage | |||||
| Offering | FICO | DPA | Lock Rate | ||
| FHA, USDA-RD, VA | 660 | 3% | n/a | ||
| Freddie Mac 80% AMI | 640 | 0% | 6.750% | ||
| 3% | 7.625% | ||||
| 4% | 7.875% | ||||
| Freddie Mac OVER 80% AMI | 3% | 7.750% | |||
| PLUS | |||||
| Offering | FICO | DPA | Lock Rate | ||
| FHA, VA | 640 | 3% | 6.250% | ||
| 4% | 6.625% | ||||
| 5% | 6.875% | ||||
| Freddie Mac 80% AMI | 640 | 3% | 6.750% | ||
| 4% | 7.125% | ||||
| 5% | 7.250% | ||||
| Freddie Mac OVER 80% AMI | 640 | 3% | 6.875% | ||
| 4% | 7.250% | ||||
CAFA Advantage
CAFA, Capital Advantage Program | At-A-Glance
| AVAILABLE PROGRAMS | CAFA Advantage |
| QUESTIONS | Questions |
| ELIGIBLE AREA | Eligible Area |
| ELIGIBLE BORROWER(S) | No first-time buyer requirement |
| RATES | See Chart |
| DPA AVAILABLE | See Chart |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Income Limits |
| PURCHASE LIMITS | No Program overlay for purchase price limits for FHA, VA, USDA-RD. $510,400 Purchase Price for Freddie Mac |
| TIMELINE REQUIREMENTS | 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNORS | Co-Signers are permitted with FHA loans only. Co-signer cannot live in the property and cannot have any ownership interest. |
| PROGRAM GUIDELINES | CAFA Advantage Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |
CAFA First Home
CAFA First Home | At-A-Glance
| AVAILABLE PROGRAMS | CAFA First Home |
| ELIGIBLE AREA | Eligible Areas |
| ELIGIBLE BORROWER(S) | Buyers and their spouses (including a non-purchasing spouse) must be first-time buyers. |
| RATES | See Chart |
| DPA AVAILABLE | 2025B Program - 5% Assistance **2026A Program - 4% Assistance |
| LOAN TYPE | FHA, VA, USDA-RD, Fannie Mae HFA Preferred and Freddie Mac HFA Advantage |
| INCOME LIMITS | Income Limits |
| SALES PRICE LIMITS | Sales Price Limits |
| TIMELINE REQUIREMENTS | 60 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNERS | Permitted to the extent allowed by applicable Agency or GSE. See guidelines for important details. |
| PROGRAM GUIDELINES | 2025B Program Guidelines |
| PROGRAM GUIDELINES | 2026A Program Guidelines |
| PRE-CLOSING DOCUMENTS | Notices to Buyers and Recapture Tax Brochure |
| TARGETED AREAS | Targeted Area Census Tracts |
| PARTICIPATING LENDERS | Participating Lenders |
CAFA PLUS
CAFA PLUS | At-A-Glance
| AVAILABLE PROGRAMS | CAFA PLUS |
| ELIGIBLE AREA | Eligible Area |
| ELIGIBLE BORROWER(S) | No first-time buyer requirement |
| RATES | See Chart |
| DPA AVAILABLE | See Chart |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Income Limits |
| PURCHASE LIMITS | No Program overlay for purchase price limits for FHA, VA, USDA-RD, use Agency Loan Limits. For Freddie Mac the limit is $510,400 |
| TIMELINE REQUIREMENTS | 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing. |
| HOMEBUYER EDUCATION | Homebuyer Education |
| CO-SIGNORS | Co-signors are permitted with FHA loans only. Co-signor cannot live in the property and cannot have any ownership interest. |
| PROGRAM GUIDELINES | CAFA Advantage PLUS Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |