Posts By Brad Yzermans
Location
California
Phone: (951) 215-6119
Posts
One of the most confusing things for a home buyer in Temecula, Murrieta or Menifee is trying to understand ‘What Rate Do I Qualify For?’ When asked, I tell people, “You don’t qualify for a mortgage rate, you choose the interest rate you want.” This isn’t auto financing where some used car salesman is trying [...]
Home buyers in Corona, Riverside and Moreno Valley will greatly benefit from the new Fannie Mae HomePath 3.5% closing cost assistance incentive that was recently announced. California home buyers who purchase and close on a HomePath foreclosure REO bank owned home prior to October 31, 2011 qualify to receive the 3.5% closing cost assistance [...]
Home buyers in the cities of Corona, Riverside, Moreno Valley, Eastvale, Chino Hills, Ontario, and the entire Inland Empire, can now receive up to 3% down payment and/or closing costs assistance in the form of a grant – that’s free money. This means a home buyers now only need 1/2% down payment when using an [...]
The California Housing Finance Agency (CalHFA) is making it easier for Inland Empire first time home buyer’s in Riverside & San Bernardino county to qualify for the CHDAP 3% down payment or closing cost assistance program.
California Home buyers in the Inland Empire region of Temecula, Murrieta, Menifee, Corona, Riverside, Chino, Ontario, Norco Rancho Cucamonga who were frantically making offers on homes but missed the $8,000 federal home buyer tax credit deadline on April 30 may be happy they did miss it
Over the last two weeks, I have been getting emails from banks who lend in California stating their minimum FICO score is going up from 620 to 640. I even received a call from another Loan Officer asking for help because his buyers score dropped to 637 and he can only offer loans to 640 [...]
Few members of the Military’s Armed Forces, Foreign Service, and Intelligence community in San Diego or Riverside County’s Inland Empire communities which consist of Temecula, Murrieta, Menifee, Corona, Chino, Norco, Riverside, or Lake Elsinore realize they were granted an extension for the home buyer tax credit. The extension is good through April 30, 2011 to [...]
HUD recently announced that starting October 4th, FHA is reducing the amount to be collected for their Up Front Mortgage Insurance Premium (UFMIP). However, FHA will also increase how much they collect on their Annual Mortgage Insurance Premium (MIP – collected monthly). How will this be impacting homebuyers in California’s Inland Empire (Riverside & San Bernardino County)? [...]
The California USDA Guaranteed Rural Development Home Mortgage Loan is a flexible no down payment government insured program that is growing in popularity. It’s designed to promote homeownership to residents in Riverside, San Bernardino, San Diego County and cities of Corona, Temecula, Menifee, Murrieta, Sun City, Wildomar, Winchester, French Valley, Homeland, Romoland, San Diego County with low to moderate incomes and who [...]
As part of his job creation initiative, Governor Schwarzenegger will be signing into law an extension of the home buyer tax credit (up to $10,000) for residents of California. This tax credit is eligible to first time home buyers of the Inland Empire, Riverside, San Bernardino, Orange, San Diego, and Los Angeles counties who purchase [...]
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