INTEREST RATES HAVE NEVER BEEN LOWER!
We work with the leading lenders in the industry to provide a variety of loan programs to meet your needs:
Government (FHA and VA)
USDA Loans - 100% financing. No down.* Restrictions apply, see this USDA Loan PDF
HomePath Fannie Mae Bank Owned Homes available to both owner occupiers( only 5% down! ) and investors (only 10% down!!!!) Investors, you gotta call me on these! This is a deal! These home are also eligible for HomePath Renovation Mortgage!
HomePath is a Fannie Mae home purchase program designed to make purchasing a Fannie Mae owned home easy. Some of the benefits of HomePath financing are:
No Appraisal! Low down payment and flexible mortgage terms
You may qualify even if your credit is less than perfect Available on both primary residence and investment purchases Down payment (at least 3 percent) can be funded by your own saving; a gift; a grant; or a loan from a nonprofit organization, state or local government or even your employer
No mortgage insurance
Also eligible for HomePath Renovation Mortgages
Call me today for more information on how you can find and finance a HomePath home! There are some great Fannie Mae owned homes for sale!
New Jumbo Conforming
Conforming
Jumbo
First Time Homebuyer Programs, including Nehemia and CalHFA
Fixed Rate and Adjustable Loans
Construction Loans
Lot/Land loans
Mobile home and modular home loans
Commercial Loans
Do I have a loan owned by FNMA? Check here.
DOWN PAYMENT CHART
0% down - VA with 620 FICO score
$100 down – HUD Homes with FHA loans
3% - Conventional Homepath (owner occupied. 660 FICO score needed)
3.5% - FHA (owner occupied.FICO 620 score needed)
5% - Conventional owner occupied with mortgage insurance (720 score minimum) 10% - Conventional Vacation Home (660 score for Homepath, 720 score for other homes)
15% - Conventional Investment Home purchases (Homepath with 660 score)
20% to 25% - Conventional Investment Purchases (HomePath investment loans 15% down with NO MI)
Reverse Mortgage Loans - Did you know you can buy a house (using the equity in your home) that you can rent out to get income from and keep your own home! You make no payments until you die or sell your existing home! Your rental home will provide income (if you think dealing with renters is a hassle - use a property management service) . Here is a Reverse Mortgage Calculator to estimate with.
Please contact me after you have checked out our “What can I afford” calculators to determine what your options are in home buying power.
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