Didn’t say that it makes sense. I am just looking at the qualification and family 1 qualifies for Chafa First time home owner program and Family 2 does not.
From a lender standpoint California is willing to step in and buy the one loan so they have a market to sell the loan too so there is less risk from a lender standpoint on family 1 then there is on fmaily 2. Family 2 has better traditional lending standard but the secondary market for these loan pools is drying up so they are less likely to qualify for money.
Again, I am not making a judgement here. I am just stating what I think the dollar amount s would be. Do you ahve the answer to the question? I find this interesting. You clearly asked because you or someone you know is presented with a scenario similiar to what you are describing.
