Are you ready for HomeReady? Mortgage giant Fannie Mae hopes you are with the introduction of this new program announced in early 2017 . This loan program has relaxed lending guidelines and allows more people to qualify for a home loan. While the loan program is designed to help first-time home buyers overcome initial obstacles […]
Have you heard of the CalHFA loan program? Unless you’re an approved mortgage lender you probably haven’t. The CalHFA loan program was developed by the California Housing Finance Agency which oversees this special program designed to assist lower to middle-income buyers buy and finance their very own home. While many of CalHFA borrowers are first-time […]
If you’re looking to buy your first home, but still paying off student debt get ready for some good news. It’s expensive to go to college. Ask any parent with a kid in school or college student and you’ll find out just how expensive it can be, even for a public college. That means student […]
Government-backed mortgage programs such as FHA, VA, HERO and PACE offer some great home loan options! In today’s mortgage market they all play a vital role addressing specific borrowers as well as communities. How it Started The Federal Housing Administration (FHA) was created in 1934 as a way to help jump-start the economy by providing […]
Do you want a really, really good deal on your next home purchase? The FHA Good Neighbor Next Door program could save you up to 50% off the sale price of your new home! If you find a house you’re interested in and it’s listed at $250,000 and your real estate agent negotiates the price […]
The Department of Housing and Urban Development’s FHA loan programs are one of three government-backed residential loan programs, and the FHA 203(k) loan is one of their specialty programs. For first time home buyers, the FHA loan is a popular choice due to the low down payment and easier qualifying. But the FHA 203(k) is […]
Adjustable rate mortgage loans, or ARMs, have been around for a long, long time, even longer than a traditional fixed rate product. Adjustable rate loans provide lenders with interest rates that move with the markets ensuring a margin payment each month to the bank. If rates go up, the bank still profits because an ARM […]
Of all the cities in the great state of California, San Francisco is undeniably the most breathtaking. Here, the Golden Gate Bridge spans majestically across the San Francisco Bay and lush greenery intermingles with beautiful homes and condominiums in some of the most coveted neighborhoods in the country. San Francisco is an amazing place to […]
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