Residential homeowners whose mortgage has been sold to Fannie Mae, may be able to qualify for a refinance loan that is 125% of the current appraised value. This program helps some homeowners who have not had a major decrease in property value vs. the outstanding balance owed on their existing mortgage. For more information, please call 310.925.1557.
Helpful Reminder: Refinance 125% of property value. Read More »
This special program is designed for low-moderate income homeownship in the State of California only. Primary residences only: single family house, condos, townhomes and MANUFACTURED housing. It is NOT restricted to the common definition of a first time homebuyer. You do not have to be first time homebuyer to qualify for the program. Borrowers qualify under FHA
A new FHA first time homebuyer program has been released this week. CHF Access allows for a ” one half of one percent downpayment” vs. the current minimum downpayment requirement of 3.5%. If the potential buyer has minimal debt obligations, it may be possible to support sales prices up to $325,000 using a sample 5.000% for a