Archive | Mortgage Programs

MyCommunity Mortgage Program

The MyCommunity Mortgage (MCM) Program

What is a MyCommunity Mortgage? The MyCommunity Mortgage® is a Fannie Mae 3% down payment affordable lending program that gives borrowers access to flexible underwriting guidelines and reduced private mortgage insurance (PMI) coverage for moderate income home buyers in California. The MyCommunity loan program has some subtle differences in qualifying criteria between the 3% down (97% […]

Continue Reading 0
California HERO Mortgage Program

CalHERO Home Loan for Teachers, Police, Firefighters, Nurses

CalHERO is a new mortgage program to help California’s HERO Teachers, Public Employees, Police, Nurses, Firefighters, first responders purchase or refinance a home. CalHERO was created as an affordable financing alternative to the suspended CalSTRS® 80/17 Teacher loan and discontinued CalPERS® public employee home loan program. The CalHero Mortgage Program is offered exclusively by Supreme […]

Continue Reading 0

Good Neighbor Next Door Home Buying & Mortgage Program

The US. Dept. of Housing and Urban Development (HUD) offers a home buying and mortgage program for Teachers (Pre-K-12), Police and Law Enforcement, Firefighters, and EMT/Emergency Responders, called the Good Neighbor Next Door Program (GNND). The Good Neighbor Next Door program allows eligible buyers to purchase homes in targeted revitalization areas for 50% off the […]

Continue Reading 0