Inna Ivchenko, Realtor® • Green • GRI • HAFA • PSC Calabasas CA (Barcode Properties)

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Rainmaker
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Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Hi Inna,

Answer to both your first and second questions is absolutely yes, as long as the applicant meets other qualifying factors. It is illegal for creditors to discriminate against anyone using the Section 8 Housing Choice Voucher program as included income. Money is still money!

Oct 01, 2015 04:38 PM
Rainmaker
2,685,292
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Inna, this is very good question.

Oct 01, 2015 01:20 PM
Rainmaker
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Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

That just doesn't sound right to me.  Their income isn't really income is it?

Oct 01, 2015 11:00 AM
Rainer
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Andy Madrid
Berkshire Hathaway Home Services, California Properties - Montecito, CA
Expertise, Professionalism, and Service

 Inna,

I have a great lender in Oxnard that can give you really good guidance.  Send me a message if you would like his contact info.

Oct 01, 2015 08:06 AM
Rainer
410,901
Sara Wagner
Woodland Management Service - Adams, WI
The Forestland Experts!

Good question, I am sure a few lenders here know.

Mar 27, 2019 03:47 PM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I dont know why not, as long as you can get financing.

Sep 30, 2018 03:56 PM
Rainmaker
1,472,060
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

 The housing inventory is still low even the prices are quite high( the cost of an average home in our state is roughly two and a half time the average national home price). It is challenging to buy for anyone. It is great that low cost housing is still around and CA makes efforts to keep these options available. 

Mar 03, 2018 11:58 AM
Rainmaker
3,218,193
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Interesting question.  It doesn't quite seem viable in most California markets.

Let us know what you learn.

Oct 02, 2015 02:23 AM