mortgage lender: FHA ALLOWS UP TO $35,000 FOR HOME REPAIRS THROUGH STREAMLINE (K) IN ROSEVILLE, CA. - 07/01/12 05:07 PM
FHA ALLOWS UP TO $35,000 FOR HOME REPAIRS THROUGH STREAMLINE (K) IN ROSEVILLE, CA.   FHA’s Limited Repair Program "Streamline (k)" makes FHA-Insured loans more attractive for properties that are sold in “as-is” condition.  Sellers can market their property without making any repairs and the buyer can financing up to $35,000 in required and optional repairs at close of escrow, before moving into their new home.
The Streamline (k) program is primarily for basic repairs, working ideally for Bank Owned or REO properties needing uncomplicated repairs or remodeling.   A General Contractor is NOT required, but licensed or bonded contractors are required to be … (11 comments)

mortgage lender: DOWN PAYMENT ASSISTANCE IS VERY POPULAR IN ROSEVILLE, CALIFORNIA. - 07/01/12 04:25 PM
DOWN PAYMENT ASSISTANCE IS VERY POPULAR IN ROSEVILLE, CALIFORNIA.   Moderate Income Buyers can now receive Down Payment Assistance for their Home Purchases using FHA Financing through VITEK Mortgage Group.  Saving funds for a down payment has always been a challenge and this can delay a buyer’s ability to qualify for a new home mortgage while interest rates and prices are still low.
FHA Home Loans require a 3.5% down payment.  These funds must come from the buyer’s funds, a gift from a Relative, a loan or withdrawal from the buyers 401K or other retirement account, or from an approved “Down Payment … (2 comments)

mortgage lender: CalPERS MEMBERS NOW ELIGIBLE FOR DISCOUNTS IN ROSEVILLE, CALIFORNIA. - 06/27/12 07:41 PM
CalPERS MEMBERS NOW ELIGIBLE FOR DISCOUNTS IN ROSEVILLE, CALIFORNIA.  California Public Employees can now take advantage of substantial discounts on Lender Fees when they purchase a home or refinance their existing mortgage.  VITEK Mortgage Group, a Direct Lender in Roseville, California, is now offering CalPERS Members a rare opportunity to save 50% off the normal lender fees.  Combined with historically low interest rates and the lowest home prices in years, the cost of home ownership has just taken a turn for the better.
These Lender Discounts can be applied to most loan programs, including VA, FHA and Conventional financing.  For Members … (3 comments)

mortgage lender: MORTGAGE CREDIT CERTIFICATE (MCC) IS NOW AVAILABLE IN ROSEVILLE, CA. - 06/27/12 05:53 PM
MORTGAGE CREDIT CERTIFICATE (MCC) IS NOW AVAILABLE IN ROSEVILLE, CA.
Homebuyers in Roseville, California can now take advantage of the Mortgage Credit Certificate program when they purchase a home.  The MCC Credit reduces the amount of Federal Income Tax liability.
Unlike a TAX DEDUCTION that deducts mortgage interest paid from your taxable income, a TAX CREDIT is taken right off the actual amount of federal tax due.  MCC does not reduce your monthly mortgage payment, only your annual tax liability.  Mortgage underwriters will consider this tax credit when qualifying buyers by allowing for more available income. 
Qualified participants can get a tax … (2 comments)

mortgage lender: CROSSING THE 200,000 POINT MILESTONE - 06/24/12 05:03 PM
CROSSING THE 200,000 POINT MILESTONE
I just crossed over the threshold of 200,000 points, another milestone in a series of personal achievements over the past 17 months since I joined Active Rain.
I’ve attended a Rain Camp, three meet ups, posted 78 blogs with 7 features and I've made 4650 comments on other’s blogs. I've received over 1,000 comments on my blogs, called 25 shots and made many friends all over the US and Canada. I’m still quite a “lightweight” by comparison with many of the other members, but coming from not having a clue, I feel I’ve come a long … (76 comments)

 
Doug Bullwinkel, Mortgage Loan Originator NMLS #281609 (Envoy Mortgage,NMLS ID 6666)

Doug Bullwinkel

Mortgage Loan Originator NMLS #281609

Sacramento, CA

More about me…

Envoy Mortgage,NMLS ID 6666

Address: 3017 Douglas Blvd., Suite 300, Roseville, CA, 95661

Office: (916) 295-0044

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