HELP Down Payment Assistance Grant

The HELP down payment assistance grant is a homebuyer assistance program for California residents with moderate income.  The HELP homebuyer assistant grant provides opportunities for sustainable and responsible homeownership for people who need assistance with paying closing costs or meeting the minimum down payment requirement. The HELP down payment assistance program provides up to 6% […]

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California 1% Down Payment Conventional Mortgage Program

The California 1% down payment Conventional Equity Boost mortgage program is designed to help homebuyers with good credit and moderate income overcome their lack of down payment and qualify for affordable financing. The Conventional 1% down mortgage uses either the Freddie Mac HomePossible Advantage loan or Fannie Mae’s HomeReady loan, with additional qualifying criteria, that […]

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USDA Rural loan reduces fees

USDA Home Loan Reduces Fees for 100% Financing

USDA announced they are reducing both the upfront Guarantee fee and the Annual mortgage insurance fee (paid monthly) for purchase and refinance loans.  Lower costs for the $0 down USDA loan will help make USDA financing for rural homebuyers even more affordable. The reduced USDA insurance fee begin October 1st, 2016 and extend out through to September […]

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HomeStyle Energy Mortgage Program

HomeStyle Energy Mortgage Program

The Fannie Mae Homestyle® Energy Mortgage is a new energy improvement mortgage program designed to help borrowers pay off existing high rate energy improvement loan debt (like HERO, Ygrene, CaliforniaFIRST PACE loans) and make new energy improvements more affordable and easier to finance. HomeStyle Energy loan (or PACE Buster loan) can also be used when buying or […]

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How to qualify for down payment assistance

How to Qualify for Down Payment Assistance

Learning how to qualify for a down payment assistance program in California is a frustrating and confusing experience for most first time home buyers.  This article will help you understand what the criteria are and how to qualify for a down payment assistance program. Most home buyers give up after their first few inquiries and wonder why […]

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