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CALHFA ADDENDUM SUBMISSION SHEET This form is to be used in conjunction with our regular FHA or Conventional Submission Sheet Choose the Product Option of your choice from the 10 choices below:___________________: Option Plan ChosenNext, you need to create a loan number for the 1st, 2nd and if applicable, a 3rd.Upload to LEAP as follows:1st TD: Complete credit package along with the:____CalHFA Borrower Affidavit____Tax Return Affidavit (only if they don’t file tax returns)2nd TD: 1003 only (3.2) with 2nd loan amount and interest rate3rd TD: 1003 only (3.2) with 3rd loan amount and interest rate, if applicableProvide loan numbers:__________________1st Loan number__________________2nd Loan number__________________3rd Loan numberNote:Helpful Tool - Scenario Calculator: are subject to change. For current rates: Option Product Description & Rates - My Home loan amount: 3 1/2% of sales price or appraised value, whichever is less. Can be used for down payment, closing costs & prepaidsZIP loan amount: depending on options below is 3% or 4 % of total loan amount of 1st (including MIP) Zip can only be used for closing costs or prepaids.1st % Rate2nd %Rate3rd % RateCONVENTIONAL PRODUCTSRATES SUBJECT TO CHANGEOption 1CALHFA Conventional w/ My Home 3 ? % 2nd4.25%2 ?%N/AOption 2CalPlus Conventional w/3% ZIP 2nd4.75%0%N/AOption 3CalPlus Conventional w/4% ZIP 2nd5.00%0%N/AOption 4CalPlus Conventional w/3 ? % My Home 2nd and 3% ZIP 3rd4.750%2 ?%0%Option 5CalPlus Conventional w/3 ? % My Home 2nd and 4% ZIP 3rd5.00%2 ?%0%FHA PRODUCTSOption 6CALHFA FHA w/My Home 3 1/2% 2nd3.75%2 ?%N/AOption 7CalPlus FHA w/3 % ZIP 2nd4.375%0%N/AOption 8CalPlus FHA w/4 % ZIP 2nd4.625%0%N/AOption 9CalPlus FHA w/3 ? % My Home 2nd and 3% ZIP 3rd4.375%2 ?%0%Option 10CalPlus FHA w/3 ? % My Home 2nd and 4% ZIP 3rd4.625%2 ?%0% (Form Dated 02 02 2017) ................
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