2015 VA Loan Limit California

2015 VA Guaranty Loan Limits Go Up & Down in California

California’s 2015 VA Maximum Loan Guaranty Limits were just announced by the Department of Veteran Affairs.  The new loan limits reduce our Veterans loan purchasing power by as much as $424,500 in 11 of California’s high cost counties.  See VA Circular 26-14-39 for details. What media outlets are not reporting is that the VA county […]

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2015 Riverside County Loan Limits

2015 Riverside County Conforming & Jumbo Loan Limits

The 2015 conforming and jumbo loan limits in Riverside County, California (includes San Bernardino/Inland Empire) for Conventional (Fannie Mae & Freddie Mac), FHA, USDA, and VA financing remain stable with little to no changes from the previous year. If you need to finance a home purchase or refinance a loan that will exceed the Riverside […]

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HomePossibleAdvantageM

Home Possible Advantage Mortgage Program

What is the Home Possible Advantage Mortgage Program? The Home Possible Advantage Mortgage Program (HPA) is a new 3% down payment (97% LTV) Freddie Mac Conventional mortgage program designed to make homeownership more accessible and affordable for credit worthy borrowers throughout California who have a limited down payment savings and moderate incomes. The Home Possible Advantage home loan […]

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2015 California maximum county loan limit

2015 California Conforming Conventional & FHA Loan Limits by County

The California 2015 Conforming County Loan Limits have been set for Conventional (Fannie Mae & Freddie Mac) and FHA financing. California had just four counties where both the Conventional and FHA loan limit increased and no counties in which the loan limit decreased. Conventional conforming loan limts were announced by the Federal Housing Finance Agency (FHFA) […]

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California-Mortgage-Credit-Certificate

Mortgage Credit Certificate (MCC) Programs in California

The Mortgage Credit Certificate (MCC) program can make home ownership more affordable for California first time homebuyers. What is a Mortgage Credit Certificate? A Mortgage Credit Certificate gives qualified home buyers a dollar for dollar tax credit for part of the mortgage interest paid each year.  It directly reduces a homeowners federal income tax liability. […]

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NHF Sapphire Assistance Program

NHF Sapphire Grant Down Payment Assistance Program

The NHF Sapphire down payment assistance program is a California homebuyer grant for moderate income individuals and families who can qualify for a mortgage but need assistance with down payment to closing costs. Sapphire provides up to 5% of the loan amount in the form of a grant to meet your down payment assistance requirement […]

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HUD 184 home loan california

HUD Section 184 Native American Indian Home Loan

The HUD Section 184 Native American Indian Home Loan Guarantee program is an exclusive low down payment no  mortgage insurance mortgage program for California Native American Indian Entities, Families, Native Alaskans, Native Hawaiians, and Federally Recognized enrolled Tribal Members. Congress established the HUD Section 184 Native American Home Loan program in 1992 to faciliate home […]

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