Mortgage Down payments and Gifts- What you need to know on Gift Tax

I recently received this article from a good friend outlining gift tax and estate planning from Charles Schawb. I found it to have good information that could also answer some questions when it comes to gifting down payments from relatives and what they and you need to know. As always its best to … [Read more...]

Will I Need Mortgage Insurance on Your Bay Area Mortgage Loan?

Will I Need Mortgage Insurance on Your Bay Area Mortgage Loan?

Have you heard the term Private Mortgage Insurance (PMI) when looking to finance your Bay Area real estate purchase or refinance? You may be wondering what PMI is and how you know when you need to purchase it. These answers can be hard to find among all the real estate jargon you might be … [Read more...]

Fannie Mae Homepath Mortgage- Low Down Payment Loan

Thank you for your interest in Fannie Mae's Homepath Mortgage and properties. I would be happy to send you more information on the information provided below. … [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...]

Loans with low down payments have returned in the Bay Area- 5% Down

Loans with low down payments have returned in the Bay Area- 5% Down

The search for a low down payment has returned to Bay Area home buyer Alternative to FHA 5% Down Payment Conventional Home Loan Tired of your FHA offer not being accepted in this competitive purchase market? Look no further.  I am a Loan Consultant at Vintage Mortgage Group; a … [Read more...]

FHA changes for 2010 in the Bay Area—Higher fees and more conditions

FHA changes for 2010 in the Bay Area—Higher fees and more conditions

Looking to FHA for your next mortgage? Get a move on! Although you have until Friday, April 2, 2010 to get your application in, Friday is Good Friday and most banks will be closed. Your true FHA deadline is Thursday, April 1. Guidelines Change in 5 Days In its official announcement, the … [Read more...]