100% Financing on California Mortgage Loans- Down Payment Granted

I am so pleased this loan arrived. 100% financing in 2014.  It is better than the prior, old, poorly executed, NO Down Payment Loans of the past. Banks are now offering 100% financing in California, and the Down Payment is Granted; and all is forgiven immediately at close of the purchase … [Read more...]

Purchase a home in the Bay area or Central Valley with 0.50% downpayment- NHF Grant

Purchase a home in the Bay area or Central Valley with 0.50% downpayment- NHF Grant

QUALIFIED CALIFORNIA HOME BUYERS CAN NOW PURCHASE A HOME WITH PUTTING ONLY 0.50% DOWN!!!   The NHF Grant will help qualified home buyers across the East Bay Area and Central Valley purchase home with 0.50% downpayment.   The Program provides 3.00% through a Grant provided by … [Read more...]

Tri Valley Pending Home Sales on the Rebound; First Time Home Buyers Opportunity for Tri Valley Home Buyers

Tri Valley Pending Home Sales on the Rebound; First Time Home Buyers Opportunity for Tri Valley Home Buyers

On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month, according to the National Association of REALTORS®. A "pending home sale" is defined as a home under contract to sell, but not yet closed. February's Pending Home Sales Index rebound breaks a 2-month losing … [Read more...]

Tri Valley First Time Home Buyers May Benefit Drop In Home Sales

Tri Valley First Time Home Buyers May Benefit Drop In Home Sales

Existing Home Sales fell 10 percent last month, according to a report from the National Association of REALTORS®.  Remember this is a national figure and what we experience in the Tri Valley may differ. On an annual basis, 4.88 million homes were sold in February -- the first time annualized home … [Read more...]

Mortgage Lingo- PITI Pronounced “pee-eye-tee-eye”

Mortgage Lingo- PITI Pronounced “pee-eye-tee-eye”

First time home buyers that come in to my office sometimes think that once you make your payment to the bank of principal and interest their financial obligation is complete. When you own a home, your fiscal responsibility to the lender goes deeper than just your monthly principal + interest … [Read more...]

Bay Area First time home buyers looking for a low down payment loan- Down Payment assistance is back

Bay Area First time home buyers looking for a low down payment loan- Down Payment assistance is back

The glass is half full for Bay Area first time home buyers looking for a no down payment loan. In a move to help Bay Area home buyers CalHFA and FHA have partnered to offer a new zero down payment home loan. The California Housing Finance Agency (CalHFA) has partnered with the Federal Housing … [Read more...]

FHA continues to offer First Time Home Buyers a low down payment oppertunity in the Bay Area

FHA continues to offer First Time Home Buyers a low down payment oppertunity in the Bay Area

With the Federal tax incentive for home buyers nearing its sundown on April 30 and concerns with rising interest rates, FHA mortgage loans continue to offer first time home buyers in the Bay Area a low down payment opportunity for a home loan. FHA Mortgage Loans: Low Down Payment and Down Payment … [Read more...]

How to get up to $18,000 in State and Federal Tax Credits for Buying a Home in the East Bay Area.

How to get up to $18,000 in State and Federal Tax Credits for Buying a Home in the East Bay Area.

For a very limited time, certain East bay first time home buyers will benefit from up to $18,000 in tax credits. Not a first time buyer? You may still be eligible for up to $16,500 in combined tax credits. The deal is that you need to be in escrow by the end of April 2010 and close escrow by the … [Read more...]