First Time Home Buyer, Getting Mortgage Qualified. Just How Hard is it to get a Home Loan in St. Charles, St. Louis and Missouri

On September 26, 2011, in Home Buying Process, Mortgage Approval Process, Mortgage Programs, Tips And Advice, by Bob Rutledge

So you are a First Time Home Buyer or at least you are considering buying a new home. You have heard that you can own a new home for less than what you would be paying rent on a comparable place. You want to own because you want a place to call your own, you [...]

Down Payment Assistance For San Bernardino Home Buyers

On June 14, 2011, in Mortgage Programs, Tips And Advice, by Mark Estermyer

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 [...]

Getting Over the Down Payment Hurdle

On June 2, 2011, in Home Buying Process, by Rebekah Radice

One of the top questions asked by first time homebuyers is how much money they will need to come up with for the down payment on a home. The answer depends on several factors: Credit history Purchase price of the home Are you eligible for down payment assistance? Will you put at least 20% down? [...]

FHA, First Time Home Buyers and Foreclosures in St. Charles and St. Louis

On April 24, 2011, in Home Buying Process, Mortgage Programs, Tips And Advice, by Bob Rutledge

FHA mortgage, First Time Home Buyers and Foreclosures? The 3 Fs of the real estate market of the St. Louis and St. Charles Missouri area. If it wasn’t for First Time Home Buyers, FHA mortgages, and Foreclosures there would barely be a real estate market in the St. Charles and St. Louis area. The FHA [...]

FHA Downpayment Assistance and Grants

On April 22, 2011, in Tips And Advice, by Brian Wiesner

FHA and CHF are back in business as partners providing downpayment assistance in Los Angeles County, Orange County and San Bernardino/Riverside Counties. Borrowers do not need to be first-time buyers There are income restrictions You have to live in the house or condo It is a grant, not a loan; there is nothing to payback [...]

VA Loan Requirements in Maryland

On April 11, 2011, in Home Buying Process, Mortgage Programs, Tips And Advice, by Bill Sohan

VA Loan Requirements And Eligibility in Maryland Veterans with active duty service (who were not dishonorably discharged) during World War II and later periods are eligible for VA loan benefits. World War II (September 16, 1940 to July 25, 1947), Korean conflict (June 27, 1950 to January 31, 1955), and Vietnam era (August 5, 1964 [...]

FHA Down Payment Assistance Best Kept Secrets

On April 10, 2011, in Home Buying Process, by Rebekah Radice

Are you a First Time Homebuyer ready to purchase a home, but don’t believe you’ll ever have the ability to save for the down payment? Then I have good news for you! Rather than throwing your hard earned money away on rent forever, let’s take a look at the many alternative down payment sources that are acceptable to FHA.

FHA Mortgage Loans From Family Are Allowed for Seattle, Bellevue & Lynnwood,WA Areas

FHA Mortgages, Loans From Family With Down Payment Assistance for FHA Mortgages becoming a bit more difficult to find. Another source of funds for down payment to buy a home is a LOAN from an immediate family member.  That is right. This a little known FHA underwriting guideline that is allowed. However, not all Mortgage Lenders [...]

First Time Home Buyer Program – Down Payment Assistance – MHDC – St. Louis, St. Charles and Missouri

On February 1, 2011, in Mortgage Closing Costs, Mortgage Programs, Tips And Advice, by Bob Rutledge

Having a down payment and/or the funds to close is usually something that many First Time Home Buyers need or are interested in learning more about. Having no down payment is the number one reason that many who would like to buy their first new home wait. But, waiting is not necessary there are loan [...]

New Down Payment Assistance Grant (free money) for Corona-Riverside-Inland Empire Home Buyers

On January 10, 2011, in Mortgage Programs, by Brad Yzermans

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 [...]