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With the many changes in programs these days, it’s good to know your options!
CALHFA – California Housing Finance Agency (CalHFA) has supported first-time homebuyers by providing financing and programs that create safe, decent and affordable housing opportunities for individuals within specified income and credit ranges. CalHFA offers below market-rate loans through the sale of tax-exempt bonds.
Perfect for the first time homebuyer and one of the easiest loans to qualify for!
CALPERS – California Public Employee Retirement System - All active, inactive, and retired members of CalPERS, the Legislators' Retirement System, the Judges' Retirement System, and the Judges' Retirement System II are eligible to participate. The program offers both fixed and adjustable rate loans, 100 percent loan financing, special loan programs, rate lock options and more.
CALSTRS – California State Teachers Retirement System - Whether you are dreaming of buying a new home, lowering existing payments, or taking cash out, the CalSTRS Home Loan Program can help them by offering competitive rates on a variety of mortgage loan programs
CALVET – California Veterans - To serve California’s Veteran’s and their families, CALVET offers below market interest rates with low or no down payment. CALVET has expanded eligibility so that nearly any veteran wanting to buy a home in California is eligible.
FHA – The Federal Housing Administration, generally known as "FHA", provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories. FHA insures mortgages on single family, multifamily, manufactured homes and hospitals. It is the largest insurer of mortgages in the world; insuring over 34 million properties since its inception in 1934.
FHA Secure – FHASecure is a refinancing option - It gives credit-worthy homeowners who were making timely mortgage payments before their loans reset but are now in default, a second chance with a FHA insured product.
HART – The HART Gift Program – The specific purpose of this program is to assist prospective homebuyers across the nation who may qualify for a first mortgage loan, but fall short of the down payment and other closing costs’ essential in purchasing a home. Homebuyers don’t need to be first-time homebuyers to qualify for the HART gift program.
HECM – Home Equity Conversion Mortgage – The HECM FHA insured reverse mortgage can be used by senior homeowners age 62 and older to convert the equity in their home into monthly streams of income and/or a line of credit.
Fannie Mae – MyCommunity, Expanded Approval, Flex 97 and 100 – These are affordable, flexible mortgage products for underserved markets. Clients that have limited savings and/or cash assets; do not have credit; have less than perfect credit; have non-traditional resources would benefit from this program. Additional features include; income source flexibilities, including boarder income from relatives or nonrelatives.
NEHEMIAH FUND – The Nehemiah Program is the nation’s largest privately funded down payment assistance program. – The Nehemiah Program provides gift funds to qualified homebuyers who purchase participating homes using an eligible loan program, such as a Federal Housing Administration (FHA) loan.
National Home Buyer’s Fund – Lending Solutions for Homebuyers – First House; Down payment and closing cost assistance is available with the First House program, in the form of a Grant, which does not have to be repaid by the borrower, a low interest rate second loan, or the combination of both. Either option can help a homebuyer cover the down payment and closing costs on the mortgage. In addition, homes within the designated targeted areas will qualify for higher income & sales price limits and waive the First-Time Homebuyer Requirement.
Access Program; Available for both First-time homebuyers as well as Non-First-time homebuyers with no Recapture tax.
We have other Local Programs, we have made it a requirement to meet you before you get the information.
What can we offer you as a first time buyer?
Over 30 years of Experience and Knowledge– We continue to educate Ourselfs to find Solutions with the constant changes of our industry.
Dedication – we are dedicated to superior customer service, helping you find the solutions to close escrows fast.
Products – we find the best products on the market to meet our clients needs.
Availability – we are available nights, weekends and holidays.
Flexibility – Our programs are designed to be flexible for all types of situations.
Request a no abligation consultation by completing the form below.
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