Who Qualifies for a CalHFA Extra Credit Teacher Program Down Payment Assistance Loan
CalHFA Home Loans, Purchase Loans, first time home buyer July 29th, 2008The Extra Credit Teacher Program provides for a 3% loan that can be used for down payment assistance for California Teachers that work in high priority schools. The interest on this loan is waived after 3 years of working in a high priority school. There are no payments due on this loan until you either refinance, sell, or pay off the first mortgage.
A high priority school is one that is defined as having an Academic Performance Index (API) ranking of 5 or below. To find out if your school qualifies for this program - Search API Ranking Here
Who Qualifies for the CalHFA Extra Credit Teacher Program
For Teachers: (Credential held must be either a Preliminary or Full Credential. Intern Credentials and Emergency Permits are not eligible under the program.)
- Single Subject Teaching Credential
- Multiple Subject Teaching Credential
- Specialist Instruction Credential in Special Education
- Education Specialist Instruction Credential
- Standard Elementary Teaching Credential
- Standard Secondary Teaching Credential
- Standard Early Childhood Education Teaching Credential
- Standard Restricted Special Education Teaching Credential
- General Kindergarten-Primary Teaching Credential
- General Elementary Teaching Credential
- General Junior High Teaching Credential
- General Secondary Teaching Credential
- Special Secondary Teaching Credential in Art
- Special Credential for Teaching Exceptional Children
- Special Secondary Teaching Credential in Business Ed
- Special Secondary Credential for Teaching the Blind
- Special Secondary Teaching Credential in Homemaking
- Special Secondary Teaching Credential in Industrial Arts
- Special Secondary Credential for Teaching Lip Reading
- Special Secondary Teaching Credential in Music
- Special Secondary Limited Teaching Credential in Music
- Special Secondary Teaching Credential Limited in Agriculture
- Special Secondary Credential for Teaching the Partially Sighted Child
- Special Secondary Teaching Credential in Physical Education
- Special Secondary Speech Arts
- Special Secondary Teaching Credential in Correction of Speech Defects
- Special Secondary Credential for Teaching the Mentally Retarded
For Administrators :
- Administrative Services Credential
- General Secondary School Administration Credential
- Administrative Services Credential (Examination)
- General Secondary School Supervision Credential
- Standard Supervision Credential
- General Administration Credential
- Standard Administration Credential
- General Supervision Credential
- General Elementary School Administration Credential
- The Supervision Credential
- General Elementary School Supervision Credential
- General School Principal or Supervisor Credential
For Staff Members:
- School Nurse Credential
- Clinical or Rehabilitation Service Credential
- Pupil Personnel Services Credential - (e.g. School Counseling, School Social Work, School Psychology and Child Welfare and Attendance)
- Library Media Teacher Service Credential
- Designated Subjects Vocational Education Teaching Credential
There may be other qualifications, please feel free to Get More Info here or call us at 866-667-6724.

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