fha: Nehemiah Down Payment Assistance Program - 05/10/08 11:29 AM
Nehemiah will gift you up to 3% of the Purchase Prive for a down payment. The Seller must agree to participate in the program. Basically, the 3% is deposited by Nehemiah and it is deducted from the Sellers proceeds after the close of escrow. 
Combine this with a new FHA loan and … (0 comments)

fha: FHA-AS LOW AS 580 CREDIT SCORE BUYS YOU A HOME TODAY!! - 05/08/08 04:44 PM
GOT KEYS? FHA no longer requires a termite inspection. FHA is a Federal Housing Program, designed to help you qualify for a new home purchase with little or no down payment. Gift funds are acceptable for the 3% down payment required, or you can ask the Seller to participate in a … (2 comments)

fha: No Whining! The Real Reason for so many Short Sales!! - 03/20/08 04:29 AM
It is true, we are facing the worst foreclosure market in US history. But why?
It started about 10 months ago when the Federal Reserve increased interest rates, specifically, the rate that affects short term interest rates. Many home loans were tied to ARM's (adjustable rate mortgages) due to high prices. When this rate increased, … (4 comments)

fha: FHA Loan Limits-CA - 03/09/08 05:20 AM
Great News!!!
FHA has posted the new California loan limits. 
The Sacramento MSA loan limits, which include El Dorado, Placer, Sacramento and Yolo Counties are as follows:   1 unit - $580,000 2 unit - $742,500 3 unit - $897,500 4 unit - $1,115,400  
You can also access the entire list of … (0 comments)

fha: FHA , Tired of Renting??? Call Sacramento HOME!!! - 02/28/08 12:23 PM
FHA loans allow a potential Buyer the opportunity for homeownership. The Buyer is not declined for insufficient credit score, or length of credit history. Rather, FHA reviews the purchase as well as your ability to pay the mortgage each and every month. A down payment of 3-5% of your own money … (0 comments)

 
Real Estate Trainer: Doug Gonzales (Choice One Funding-Great West GMAC)
Doug Gonzales
Elk Grove, CA
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Choice One Funding-Great West GMAC

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