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 guidelines. The income limit varies from County to County based on 120% of HUD – Area Median Income. There are no minimum FICO Score requirements, although lower scores may be subject to price adjustments. The credit history should not reflect serious challenges in the past twelve months.
Tell all your friends and relatives about this exciting program that is not being offered through traditional banks. For more information: cdavis@guildmortgage.net.
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