On October 1, 2011, FHA loan limits in Orange County, CA dropped from their current level of $729,750 down to $625,500. But on Friday, November 19, President Obama signed a new bill which reinstates the FHA loan limits for high cost areas, like Orange County and Los Angeles County, back to $729,750. This is great [...]
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 [...]
The 2011 100% financing VA loan limits for Orange County, CA have been at $700,000 since January. The $700,000 limit is good through December 31, 2011, but after that it could drop. While Conforming and FHA loan limits in Orange County are about to go lower from the current $729,750 down to $625,500, the VA limit [...]
If you are an Inland Empire home buyer looking for a house that is in turn key condition and ready to move in, a recently flipped property can be the perfect match for you!!! Purchasing a flipped property in San Bernardino and Riverside counties just got easier. The guideline that prevents an investor from selling [...]
San Bernardino homebuyers can achieve home ownership through this down payment assistance program…CHF Platinum Program. This program is designed to assist low to moderate income homebuyers with the purchase of a home, by providing closing cost and/or down payment assistance in the form of a grant, which in reality is a true gift. The CHF [...]
March-2011, the Best in 4 Years for San Francisco Bay Area Real Estate: In the month of March-2011 a total of 7,051 real estate properties comprising new and re-sale houses, condos were sold in the nine-county San Francisco Bay Area. According to San Diego-based DataQuick, this was an increase of 41.3% over the figures in [...]
As part of our Home Ownership Workshop of free Web Classes, Shashank Shekhar Mortgage Broker/Banker with Arcus Lending and author of the book “First Time Home Buying 101″ will talk about: What are the different financing options for Home Buyers? When should you pick an Adjustable Rate Mortgage (ARM) vs Fixed Rate loan? What are [...]
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 [...]
San Jose Homebuyers benefit from the Homepath Renovation loan program. This loan program could really help homebuyers get a great deal on a fixer upper. What’s great about this program is it can be used on primary residences as well as an investment property.
Purchasing a home with a VA loan may seem like a daunting task at first glance, but it is actually pretty straightforward. Working with a San Diego California licensed VA specialist will simplify your experience. Taking out a VA mortgage loan on a new San Diego, CA home purchase is a fantastic way to finance [...]
*This is not an offer to lend. 
Obama Refinance Plan For San Jose Homeowners AnnouncedHome Affordable Refinance Program Update Harp 2 Bay Area San Francisco California March 2012 Guidelines for Purchasing a 3 to 4 Unit Property with FHA Financing in Alameda, CA8 Year Fixed to 30 Year Fixed. You Can Choose Your Loan Term In San Jose
