March 3, 2025 | Bulletin #25-09

Real Estate Partners - Join Us for Education on the ReCoverCA Homebuyer Assistance Program

Live Webinars in March

GSFA is hosting three training webinars for Real Estate Agents interested in participating in the ReCoverCA Homebuyer Assistance Program.

• Discover the impact of $350,000 in assistance
• Understand eligibility requirements
• Review 1st Mortgage Guidelines
• Learn how assistance is calculated
• Understand how applicants get started
• Tips for generating realtor business

Register Today!

Select your preferred date and time to register. Once registered, you will receive a confirmation email with the link to attend.

Highlights of the ReCoverCA Homebuyer Assistance Program:

• Financial assistance up to $350,000 for renters or homeowners who lived in High Fire Zone areas of California during the 2017 wildfires.
• Forgiveness of financial assistance after five years.
• Accessibility for applicants with varying credit histories.

Training on programs like the ReCoverCA Homebuyer Assistance Program empowers real estate agents to serve their clients better, ultimately leading to stronger relationships and greater success in their careers.

1. Informed Guidance:

Knowledgeable agents can provide accurate information to clients, helping them navigate complex programs and making informed decisions.

2. Competitive Advantage:

Understanding homebuyer assistance programs sets agents apart in a competitive market, allowing them to attract more clients and close more deals.

3. Building Trust:

Clients are more likely to trust agents who demonstrate expertise, which can lead to stronger relationships and repeat business.

4. Effective Marketing:

Well-trained agents can effectively promote these programs, highlighting benefits that resonate with potential buyers.

5. Maximizing Opportunities:

By understanding the details and eligibility requirements, agents can better match clients with the right programs, maximizing opportunities for homeownership.

Real estate professionals, we hope you will join us at an upcoming realtor education event and help families build financial security through homeownership.

The ReCoverCA Homebuyer Assistance Program is provided by the California Department of Housing and Community Development, funded by a HUD Community Development Block Grant - Disaster Recovery grant and managed by GSFA. Complete program policies, eligibility requirements, interest rates, APRs, and loan applications are available through a network of ReCoverCA HBA approved lenders, published on the GSFA website www.gsfahome.org.

© 2025 Golden State Finance Authority. All rights reserved.

This is not an offer for extension of credit nor a commitment to lend and is subject to change without notice. Complete program policies, eligibility requirements, loan applications, interest rates and annual percentage rates (APRs) are available through GSFA Participating Lenders.

For questions or additional assistance regarding this bulletin, please Contact Us.

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