ATTENTION VENTURA COUNTY HOME BUYERS: Wonderful Fillmore Home Available for 100% Financing

By
Mortgage and Lending with Los Angeles & Ventura Counties in CA

Founded in 1888 by the Superintendent of Southern Pacific Railroad, Jerome A. Fillmore, Fillmore had less than a 100 residents back then.  The residents and the town were sustained by the "Orange Rush" of the late 1800's and the commercial production and distribution of oranges by what would eventually become Sunkist Growers. Fillmore's first orange packing house was built and purchased for $50.

Today, Fillmore still has a small-town atmosphere with a population of less than 16,000 residents.  The nearby farms are still predominantly agriculture with most agricultural industry being related to orange, lemon, avocado orchard farming and packing and, more recently, specimen tree farming. 

The town's relatively remote location away from urban sprawl of Ventura and neighboring Los Angeles county has helped preserve this atmosphere. 

Located in the Santa Clara River Valley, just below the Los Padres National Forest, Fillmore is still part of Ventura county's agricultural belt and sits off the highway 126 between highways 33 and 23 and still has a train depot served by the Fillmore & Western Railway

One of the best things about Fillmore is that the entire city is eligible for 100% financing through the USDA Guaranteed Rural Home Loan program.

The USDA Rural Guaranteed program extends 100% financing opportunities to help low-medium income residents purchase homes with no down payment required and no monthly mortgage insurance.  This program is only available in designated USDA eligible areas.  There are also income limit guidelines that applicants must qualify for to be eligible to apply.  These income limits are based on 115% of the median income for that county as well as family size.  

 

This wonderful 3bd/2ba Fillmore home on nearly 7,000 sq. ft. of living space is definitely the best bang for your buck around.  Furthermore, this is not some dumpy REO or a short sale or another home that needs a lot of work.  This is a wonderful home with motivated sellers.

For approx.  $1,800 (PITI) a month, you could own this little piece of the country just outside of the city, which is actually less than what you would pay to rent this home for.

 

Today's real estate market can be really scary, which is why it's important to get as much information as possible before starting your search.  Finding out more about affordable home loan options and getting pre-approved is an absolute must. 

The pre-approval process is not a simple process and it's because it can get really complicated and convoluted that borrowers today need affordable loan options that are best suited for their own needs. 

 

That's what I'm here for and I would love to be able to assist you in your search for an affordable home loan here in Ventura county.  Applications for this program can only be submitted by approved lenders, for more information on the USDA Rural program guidelines and eligibility, please feel free to contact me, Donne Knudsen at donne4loans@earthlink.net or at 805.2069123. 

Posted by

 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

 Donne Knudsen

Realtor® - CalState Realty Services

DRE#: 01364050 / NMLS#: 249822 

 

805.2069123

 

E-mail   My Blog  

Serving low-medium income individuals and families as well as first time buyers with both their real estate as well as their mortgage needs including down payment assistance

Los Angeles County  --  Ventura County

© 2010 - All Rights Reserved

Comments (11)

Kim McMahon
Executive Realty Group - Skokie, IL

Donne~ Great post!  I have to tell you... the other day someone was asking me "what the heck is a USDA loan was" and I could answer them. All because of you :) Thanks!!

Mar 11, 2011 09:24 AM
Cinnamon Wright
Wilmington Real Estate 4U 910.547.1446 - Wrightsville Beach, NC
Assistant to Tish Lloyd

What a great program.  But there can be pitfalls, so working with someone, like Donne Knudsen, who knows and understands the program, and it's nuances, is SO important. 

Mar 11, 2011 09:37 AM
Liz and Bill Spear
RE/MAX Alliance 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Alliance Cincinnati & Dayton suburbs

Donne, Those are some pretty landscape pictures! An appealing place to live, and I know a certain someone in the area who is a pro at getting the financing done!

Mar 11, 2011 10:08 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Consumers looking to purchase this Fillmore home, or any home in Ventura County, would be wise to give you a call to talk about financing Donne!

Mar 11, 2011 11:47 AM
Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula
Realty Works Temecula - Temecula, CA
Realty Works Temecula

Donne:  Wow, the whole entire City has down payment assistance!  Great for buyers who need the help!

Mar 11, 2011 02:19 PM
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Kim - I'm glad I was able to educate you about the USDA loan.  :)

CA - USDA is a great program but it definitely is not for everyone.  Thx for the accolades; I appreciate it.

BLiz - I like Fillmore, it's just far enough from the city to feel rural and countryish yet close enough to feel like you're in the boonies.

Anita - I would love to put one of my buyers in this home.

Jane - That's the great thing about Fillmore, the whole city is eligible.

Thx for stopping by folks; I really appreciate it.  Have a good night and a wonderful weekend.  :)

Mar 11, 2011 03:32 PM
Leslie Ebersole
Swanepoel T3 Group - Saint Charles, IL
I help brokers build businesses they love.

So I see the DRE # !!! Congrats! You will be a formidable agent in serving your clients.

Mar 11, 2011 03:45 PM
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Leslie - Thx for the vote of confidence; I appreciate that.  However, I've actually been a DRE licensed agent since 2003; every mortgage broker I have worked for has required it.  It's just now that I've decided to make the transition from loans to real estate.  Have a good weekend Leslie.  :)

Mar 12, 2011 08:45 AM
Tim Peterson
Wisconsin Realtor Safety and Concealed Carry Classes - Madison, WI
Realtor Safety Training Classes

Hi Donna-Fillmore looks beautiful. Good info about the USDA 100% loan program

Mar 12, 2011 09:16 PM
Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Tim - I love doing these loans; they're such great loans to work with.  Unfortunately, here in Los Angeles & Ventura counties, we have very few eligible areas.

Mar 14, 2011 04:58 PM
Ken Barker Realtor® GRI, E-Pro Certified
Dilbeck Real Estate - Burbank, CA

Donne - And to think the majority of consumers, and real estate agents, think that 100% financing is gone. I bet they are surprised when your google juice gets to them and they see this opportunity.

Good luck

Mar 21, 2011 06:11 AM