program

3 minutes read
The state of Pennsylvania offers first-time homebuyers special benefits to help them become homeowners. The assistance includes down payment assistance and closing cost assistance, making it more affordable for first-time homebuyers to own a home. Compare Offers from Several Mortgage Lenders. KEYSTONE ADVANTAGE ASSISTANCE LOAN PROGRAM If you need closing cost or down payment assistance, the Keystone Advantage A...
4 minutes read
A majority of home buyers whether it be their first time buying a home or their 10th, down payments are usually the biggest headaches for home buyers. With the HomeReady™ Mortgage Program from Fannie Mae that headache is alleviated. The HomeReady™ Mortgage Program offers 3.0% down payment for first time home buyers. BENEFITS TO THE HOMEREADY™ MORTGAGE PROGRAM Besides the wonderful benefit of 3.0% down p...
2 minutes read
The chance to use HARP to refinance your Fannie Mae or Freddie Mac loan is coming to an end very soon. The program ends December 31, 2018. This does leave plenty of time for you to still take advantage of the program if you wish to do so. WHAT IS HARP? HARP was designed to help homeowners that owe as much as their home is worth or even more to refinance. Homeowners can refinance without adding mortgage insuranc...
a minute read
U.S. Department of Housing and Urban Development (HUD) just recently announced enhancements to its Distressed Asset Stabilization Program (DASP). One of the main objectives of this program is to help families remain in their homes and keep their properties from foreclosure. The updated program offers greater opportunity for non-government agencies as well as local and other government entities to encourag...
3 minutes read
California’s homelessness crisis in continuously rising. To address this issue, the City of Los Angeles is coming up with a pilot program to curb the number of homeless people in the county. The program includes providing a handful of homeowners with the necessary funding to build accessory dwelling units for the homeless right in their backyard. Los Angeles’ pilot program was approved on August 15, 2017, b...
3 minutes read
Do you live in California and are trying to buy your first home? Did you know that there are California First-Time Home Buyer Programs available? These programs are run by CalHFA. You do not apply for the loan directly through CalHFA. Instead, you apply with a CalHFA approved lender. Compare Offers from Several Mortgage Lenders. Keep reading to learn the programs that are available. CALHFA CONVENTIONAL LOANS Ca...