American Home Mortgage
900 W Main Street
Susanville, CA 96130
Work Phone: 530-257-7157 ext. 22
Toll Free: 877 753-4200
Cell: 530 283-3120
To provide comprehensive mortgage solutions to
my customers with a high degree of trust,
knowledge, respect and convenience.
One of the greatest compliments I can receive
from a satisfied customer is a referral.
Do you know anyone with a real estate lending
With nearly 2,000 loan products available, we can fulfill many
California Housing Finance Agency (CalHFA) Programs
Great news, first-time homebuyers: You may qualify for 103%
have the ability to team these programs for a GRAND TOTAL of
103% financing now you can buy the home of your dreams!
A 100% CalHFA fixed-rate 30-year mortgage
A 3% Downpayment Assistance Program (CHDAP) loan
These programs are available for both low- and moderate-income
borrowers for both new construction and resale loans in all 58
The CHAP second mortgage is offered for 30 years at 7% simple
interest, and the CHDAP for 3%. The CHAP loan is subordinate to
the CalHFA first loan, making it a silent second. This means
that all payments on the second mortgage are deferred until one
of the following happens: the CalHFA first mortgage becomes due
and payable; the first mortgage is paid in full or refinanced;
or the property is sold.
The CHDAP subordinate loan may also be combined with certain
non-CalHFA conventional or government first loans. CHDAP loans
can not be combined with Extra Credit Teacher Programs.
All borrowers must be first-time homebuyers and must meet all
standard CalHFA first mortgage eligibility requirements.
Additional down payment programs may be used in some cases.