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100% financing

CalHFA Announces 100% Financing, Discount Rates, Discount PMI on Bank Owned Homes in Hardest Hit California Cities – CalHFA Community Stabilization Home Loan Program

This information can be found on the CalHFA Website Here
This conventional first mortgage loan program features a below market, 30-year, fixed interest rate, fully amortized loan reserved for REO properties of participating financial institutions. It has a maximum LTV limit of 100% and may be used with CalHFA’s CHDAP and Fannie Mae eligible Community Seconds® [...]

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There’s a lot of “Beef” in USDA Government Loans

by Scott Schang October 4, 2009 Loan Programs

This is another of those loan programs you just don’t hear that much about. USDA rural developement loans for the purchase of residential real estate are a very real opportunity for many Californians.
I know what you’re thinking….Do I have to buy a dairy farm to qualify? NO - These loans are not for buying farms, [...]

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Five 100% Financing Loans You Should Know About

by Scott Schang June 6, 2009 First Time Buyer Loans

Even in the challenging credit market environment of today’s real estate market there remains options for low and down payment financing. In addition to introducing you to these programs, we will also discuss community down payment assistance programs offered by your local city and county.
DOWNLOAD WORKBOOK & NOTES FOR CLASS HERE

CalHFA
Loan Programs
California Housing Finance Agency [...]