has a program that offers 100% financing.
For your convenience, we have included the name and contact information of the CalHFA Approved Loan Officer we provided to you over the phone. The Loan Officer listed below can answer your questions in more detail and customize a CalHFA loan plan that best meet your needs.
Lender: ACADEMY MORTGAGE
Loan Officer: Stephanie Remmen
Phone # : (209) 406-9749
Fax #: (209) 593-0418
Email Address: email@example.com
Depending on the area and county that you wish to live in there are a few different programs that offer down payment assistance programs. Programs can vary, some are gap programs that offer secondary loans to assist with the down payment and closing costs and others offer 100% financing. I spoke with a representative that works locally and has helped her clientâ€™s utilize and take advantage of a local program geared at helping first time home buyers just last week.
Please feel free to contact me and I can provide you with her contact information.
Were you ever able to get in contact with a lender offering down payment assistance programs?
CHF Access allows the buyer to only brim in 0.5 percent of the purchase price.
As an example on a $200,000 dollar loan the buyer will have to pay $1000 dollars for the down payment.
And if you have a REALTOR, like me who always requests the seller to pay closing costs you have noclosing costs to bring to the table.
That is a 1000 dollar investmemt into a new home purchase!
Feel free to call or email me with questions.
209-740-4176- Manteca, Lathrop,Tracy,Mountain House, Stockton,Patterson
Feel free to contact me for your free, no obligation quote! Jim, 703 615 4675
I am a Manteca Realtor,CDPE who uses a wonderful lender with 99.5 percent loan programs!
In addition you may be able to obtain a USDA loan which is 100percent financing if you are buying in Lathrop,Mountain House ,Patterson or one of the other qualifying cities.
Please call or email me I'll get you connected with a lender for these great programs.
209-740-4176 _ serving Manteca,Tracy,Mountain House, Lathrop,Stockton,Ceres,Newman,Patterson
Many buyers who are able to qualify for a mortgage loan but have limited funds for the down payment, consider borrowing from their 401k or 403b retirement plans or an early withdrawl. The IRS will waive the early withdrawl penalty if the funds are used for the purchase of a home. There is a cap on the amount and the property must serve as a primary residence.
Talk to your mutual fund administrator about the option and any other possible IRS considerations that you may need to take into account.
If you or your spouse is a veteran with an honorable discharge, you may qualify for a VA loan with no down payment.