You must have made your purchase till now as I can see the question is from August last year. But still I would like to add that you must check all the parameters before purchasing, especially the precautions that have been made to avoid water and fire damage. Hope it helps.... more
There are a number of foreign national mortgage lenders in Orange COunty some of which have already been mentioned in the thread. You can get in touch with tehm for your requirements. Moreover, you can refer to the local yellow pages as well and get the list of the lenders.... more
You should be able to open a second escrow with the sale 'subject to the cancellation' of the first escrow. You will not be able to close the sale until the first escrow has been resolved.
Best of luck,... more
I would happy to help you out and analyze your credit. There are a lot of things that can be done to quickly boost your score. But even if your score is low, there are now a lot of options for 3.5% FHA loan even for borrowers with credit scores in the 500's.... more
Trulia allows agents to buy zip code ads. If your listing in is a specific zip code it will appear on Trulia, BUT the agent who has paid for that zip code will be listed on the side for consumers to contact.
They are not claiming to be the LISTING agent, but an agent working in a specific zip code ready and willing to assist buyers.
I am a REALTOR who works hand in hand with a Lender that provides the California Home Buyers Down Payment Assistance Program which can be used with the conventional 97. This is a conventional loan with 3% down. The CHDAP will cover the 3% down. The down payment is deferred until sell your home. Let me know if you are interested call or text (714)-248-2036.... more
You best act quicly on the 3% down option as this will no longer be available through conventional financing. You will be able to achieve the 3.5% financing with FHA.
FHA will allow you a second FHA mortgage if you are moving to another area.
From FHA Guidelines
Relocation A borrower may be eligible to obtain another FHA-insured mortgage without being required to sell an existing property covered by an FHA-insured mortgage if the borrower is
â– relocating, and
â– establishing residency in an area outside reasonable commuting distance from his/her current principal residence.
NOTE: The relocation need not be employer-mandated to qualify for this exception.
Point your mortgage lender to the FHA guidelines regarding this as it is taken directly from the FHA Mortgagee Guidlines!... more
Your credit score is still acceptable! The lowest credit scores lenders like myself are able to do, is a score of 580. So us lenders would be able to give you a loan if your other finances are in place. It's also important to understand that you're ability to obtain a loan relies on other factors as well. These factors include income, expenses, assets, liabilities, debt, employment, down payment, as well as credit scores. Either way, I suggest you speak with a lender like myself who would be glad to speak with you to help you get the loan that you need. If you have any further questions or if you would like a loan, feel free to contact me. Good Luck! Brian Nguyen Sr. Mortgage Banker NMLS # 659743 Phone: 949.667.2887 firstname.lastname@example.org... more
I am an expert in helping people fix their credit. If you would like to contact me there is no charge or obligation, glad to help. I am a loan officer though you could reward me with your mortgage once you qualify if you want.... more
Jacqueline is right that you will have a very hard time finding an SFR at this price, I think what should be emphasized is that in southern california condos and townhouses are not considered "less" good than a house (I mean they certainly can be but there are also a lot of people who prefer them and quite a few 'luxury' condos). I know that coming out of state where houses are hte norm people don't always realize that.
Also if you go to city-data.com you will read a lot of trash talk about santa ana. Santa ana has some beautiful old neighborhoods, its ghetto in comparison to the wealthier parts of OC, but compared to say, a ghetto in chicago, it doesn't even come CLOSE. We're really spoiled here, what we consider dangrous areas aren't really, compared to other places in the US.
Oh and if you have very flexible work hours, south county commutes aren't bad at all , but if you don't you're looking at 45 minutes from mission viejo -- its a short distance but everyone moved down there and now traffic is horrible. My boss drops off the kid at daycare in lake forest and then it takes about 40 minutes to get to wokr here in santa ana - but on a sat morning I can get from here to there in 15 or 20.... more