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 and CHDAP- California has successful bond option

Recently FHA mortgages have changed. The normal 3.5% down payment has been given an option for select individuals to only a .5% down payment. CHDAP is a 3% down payment assistance offered by the State of California.The California Housing Finance Agency has announced the following Press … [Read more...]

CalHFA and Down Payment assistance programs deliver 100% Financing in the Bay Area-

Recently CalHFA announced that effective Tuesday, March 25, 2008, the maximum Loan-to-Value on our conventional mortgage loan products will be limited to 95%. This raises the question: "How do I continue offering my clients 100% financing through CalHFA?" Fortunately, this question has a relatively … [Read more...]

First Time Home Buyers- Extra Credit Teacher Program in the Bay Area served on a silver platter

First Time Home Buyers- Extra Credit Teacher Program in the Bay Area served on a silver platter

Earlier this month I outlined city financing and down payment assistance programs offered for Pleasanton First Time Homebuyers, Dublin First Time Homebuyers and Livermore's First Time Homebuyers. Today I would like to deliver on a silver platter a program that can be used in conjunction with some of … [Read more...]