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How to fill out the Calhfa Subordination online
This guide provides clear and detailed instructions on how to complete the Calhfa Subordination form online. By following these steps, you will be able to successfully submit your request for subordination of existing CalHFA junior loans.
Follow the steps to fill out the Calhfa Subordination form online.
- Click ‘Get Form’ button to obtain the form and access it in the appropriate editor.
- Begin by entering the CalHFA junior loan number(s). Ensure that all relevant loan numbers are accurately listed.
- Fill in the names of all borrowers. Use full names as they appear on legal documents.
- Enter the property address, including the city, state, and ZIP code, to establish the location of the property securing the loan.
- Provide the lender's name and address as it is to appear on the subordination agreement. Ensure accuracy to prevent processing delays.
- Input the details for the escrow company, including the contact name, escrow number, and all relevant phone numbers and email addresses.
- Review and sign the legal statement, ensuring that an authorized representative from the lender signs the document and includes their printed name and date.
- Collect all necessary supporting documents as outlined in the Subordination Submission Checklist, ensuring they are in the correct stacking order.
- Submit the completed application and supporting documents by mail or overnight courier to the specified CalHFA address.
- After submission, monitor the review process and be prepared to provide additional information if requested by CalHFA.
Start filling out your CalHFA Subordination form online today to take advantage of refinancing options.
CalHFA Government Loans (FHA): MyHome offers a deferred-payment junior loan of an amount up to the lesser of 3.5% of the purchase price or appraised value to assist with down payment and/or closing costs.
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