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First Time Home Buyers in Santa Clara, CA get aid from CalHFA to buy with 1% Down Payment

by on February 17, 2011

CalHFA 1st mortgage + CHDAP 2nd mortgage = 99% LTV or 1% downpayment loan for Santa Clara, CA First Time Home Buyers. Here’s the Deal: CalHFA (California Housing Finance agency) FHA loan provides financing up to 96.5%. California Homebuyer’s down payment assistance program (CHDAP) offers a deferred payment junior loan (2nd mortgage) up to 3% [...]

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Government Mortgage Loan Options

Getting Your Government Mortgage Bailout

by on December 14, 2010

Are you getting your slice of the government bailout? Here are three great government mortgage programs that you should know about: HUD 203(k) Mortgage Loans – Fixer-Upper Loans The United States Department of Housing and Urban Development considers the Section 203k programs the front line for stimulating the economically necessary activities of home building and [...]

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How To Check if an Orange County Condo is FHA Approved

by on February 7, 2010

In order to get FHA financing on a condo in Orange County, the condo project needs to be approved for financing by FHA. Not all projects are approved, so it is important to narrow the property search to those condo’s that are if you have a desire to take advantage of the benefits of FHA [...]

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