Now is definitely a good time to purchase a home, as the loan guidelines are going to change come September/October, which will bring changes to down payment amounts and loan limits. Although your credit score would not be considered top tier credit, you can still get a very attractive interest rate though an FHA loan. The BK back in 2003 is ok now, as it has been seasoned with at least a period of 5-7 years. What it really comes down to is reviewing an overall profile as a buyer -- income, assets, credit debt, down payment, etc. Lots of factors to consider, but in the end, it may be the best time to explore a possible pre-approval for a home loan.
First Capital Mortgage
Direct: (310) 434-1718
Fax: (310) 451-6407
Whoever you choose to work with, be sure to ask for references...a list of the loan consultant's past/current clients that will share their experience with you. If you would like a recommendation on quality lenders that my clients have worked with, I will be glad to share that information with you so that you can have an enjoyable home buying experience. Have an Awesome Day!
Step 1 : PULL YOUR CREDIT REPORT AND CORRECT ANY ERRORS
Step 2 : TAKE A FIRST-TIME HOME BUYERS CLASS
Step 3 : DECIDE HOW MUCH YOU CAN AFFORD
Step 4 : DECIDE WHERE YOU'D LIKE TO LIVE
Step 5 : FIND A REAL ESTATE AGENT
Step 6 : GET PRE-QUALIFIED
Step 7 : INSPECT YOUR HOME AND NEIGHBORHOOD
Step 8 : MAKE AN OFFER
Step 9 : APPLY FOR A MORTGAGE
Step 10 : CLOSING
FREE First Time Homebuyer Classes
is offered once a month, on Saturday February 8th 2014.
At 9:00 am Please call for RVSP : 209-952-8806
The First Time Homebuyer certificate
is issued at ending of counseling session.
Certificate can be use with any Local, state or federal down payment assistance 1st Time Home Buyer Program
All this is fo FREE!!
Now is the best time to buy with affordable home prices and low mortgages. Many of my buyers are purchasing homes with monthly payments less than their rent payments. I am an experienced real estate professional in the Manteca area. I can forward you a list of lenders you can talk to regarding you financing options. Let me know how I can assist you.
Prudential California Realty