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We're now offering 100% financing (no down payment required) on real estate purchases throughout California with a 620+ credit score.
How it works; you'll get a 30 year fixed FHA 1st mortgage at 96.5% of the sales price. And a "soft" 2nd mortgage equal to 3.5% of the sales price, which has no monthly payment, and is forgiven after 36 months.
Great program for those who'd like to buy but don't have the down payment. Maximum purchase price varies by County (LA & OC is $659k, PM for other Counties). Income limitations do apply (can't make too much, can't make too little).
PM me or reply with any questions or for more information.
How it works; you'll get a 30 year fixed FHA 1st mortgage at 96.5% of the sales price. And a "soft" 2nd mortgage equal to 3.5% of the sales price, which has no monthly payment, and is forgiven after 36 months.
Great program for those who'd like to buy but don't have the down payment. Maximum purchase price varies by County (LA & OC is $659k, PM for other Counties). Income limitations do apply (can't make too much, can't make too little).
PM me or reply with any questions or for more information.
