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 [...]

How Long To Buy With FHA After Short Sale?

On April 8, 2011, in Tips And Advice, by Brian Wiesner

You can buy with an FHA loan in Los Angeles County, Orange County and San Bernardino County immediately after a short sale.  Unfortunately, many lenders will interpret short sales on a credit report the same as a foreclosure, even if it actually says short-sale on the credit report.  How it gets read by the computer is up to the lender [...]