no money down: What happened to National Homebuyers Fund (NHF) and their 100% Financing? - 11/25/08 09:34 AM
This morning I was looking for guidelines on the National Homebuyers Fund (NHF) Access Program for a client who is writing an offer.  I went as I normally do to their web site www.nhfloan.org to find what I was looking for...
NHF still offers 100% CLTV financing, even if the home is in a declining market.  The program can be leveraged for purchase money and rate-term refinances.  The program can help borrowers with credit scores as low as 600 with automated approval.  The program works by setting up a First Mortgage up to 95% and either a 2nd with low payments … (0 comments)

no money down: Buy a Home in California with No Money Down (CalHFA) - 06/04/08 09:29 AM

Buy a Home in California with No Money Down (CalHFA)
Now is the perfect opportunity for First Time Home Buyers to take advantage of declining values in California. One thing stopping many buyers from getting into the market has been lack of a Down Payment. The State of California wants to help you bridge that gap and help you with the down payment so you can get your piece of the “California Dream”. Check out the video below with Nate Ellis"Mr. Danke Schoen" interviewing Sherri Kerth from CalHFA



For over 30 years, California Housing Finance Agency (CalHFA) … (0 comments)

no money down: City of Pittsburg First Time Home Buyer Assistance - 12/23/07 06:56 AM
Get up to $100,000 to help you buy your first home in Pittsburg, Contra Costa County, California.
Summary:  The City of Pittsburg  offers First Time Home Buyer's Down Payment Assistance of  24% of the purchase price or a maximum of $100,000.  The assistance is a 0% interest loan bound with an Affordable Housing Resale clause.  To be eligible for the assistance you must buy a home in the incorporated limits of Pittsburg and meet the income guideline restrictions based on the number of persons living in home.
Special financing may also be available, including additional Down Payment Assistance and Below Market Interest Rates.  … (1 comments)

no money down: City of Concord First Time Home Buyer Program - 12/23/07 06:44 AM
Get up to $25,000 to help you buy your first home in Concord, Contra Costa County, California.
Summary:  The City of  Concord offers First Time Home Buyer's Down Payment Assistance of  20% of the purchase price or$15,000 or $25,000 depending on income.  The assistance is a 0% interest loan bound with an equity share clause and an Affordable Housing Resale clause.  To be eligible for the assistance you must buy a home in the incorporated limits of Concord and meet the income guideline restrictions based on the number of persons living in home.
Special financing may also be available, including additional Down Payment … (0 comments)

no money down: City of Walnut Creek First Time Home Buyer Program - 12/23/07 06:31 AM
Get up to $65,000 to help you buy your first home in Walnut Creek, Contra Costa County, California.
Summary:  The City of Walnut Creek offers First Time Home Buyer's Down Payment Assistance equal to 17% of the purchase price to a maximum of $65,000.  The assistance is a 0% interest loan bound with an equity share clause.  To be eligible for the assistance you must live or work in the incorporated areas of Walnut Creek and meet the income guideline restrictions, 110% of median income, based on the number of persons living in home.
Special financing may also be available, including additional Down … (1 comments)

no money down: Downpayment Dreams - Dec 18 2007 - Walnut Creek, Contra Costa County, California - 12/18/07 03:53 PM
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no money down: Down Payment Dreams 2007 Dec 18 - Concord, Contra Costa County, California - 12/18/07 09:24 AM
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no money down: 100% Financing is Still Here - Even for Jumbo Loans - 12/15/07 01:06 PM

Home Buyers can still purchase a home with No Money Down. The media is doing an awfully good job of convincing people that financing a home today is harder than getting tickets for Hanna Montana.  This can't be further from the truth. 
Underwriting guidelines have tightened, but this is really only effecting about 10-12% of the mortgage market.  It seems like a lot more than that right now because most loan officers never had to review pay stubs and certainly not tax returns to qualify a buyer. 
There are some people in trouble as well.  Visit my blog on The President's … (4 comments)

no money down: How to Buy Your First Home - 10/13/07 06:59 AM
Buying a first home is an exciting step. But for too many people, a first home seems like an unreachable dream. That's why we offer options that make getting started as a homeowner a little easier.
Low Down Payments and Closing Costs are Possible
The biggest challenge for most people is saving the money for the down payment and closing costs. While a larger down payment may make more options available to you, with many of today's loan programs, or with federally-sponsored loan programs from FHA and VA, you may be able to buy a home with minimal or no down payment at … (2 comments)

 

Nate Ellis

"Mr Danke Schoen"

Concord, CA

More about me…

HomeWay.tv - Keller Williams Realty East Bay 925-337-8489

Address: 3021 Citrus Circle #100, Walnut Creek, CA, 94598

Office: (925) 337-8489

Mobile: (925) 250-6067

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