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Home Buying in 92804 : Real Estate Advice

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  • Local Info1
  • Home Buying9
  • Home Selling5
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Activity 9
Wed Jul 20, 2016
It is very possible, feel free to call me to be prequalified.


License 287206 Equal Housing Lender
0 votes 1 answer Share Flag
Fri Mar 27, 2015
Sheryl Arndt answered:
Hello Adriana, rent to own usually want atleast 10% down and up as well as an additional 3% fee which is minimum 13% down not including closing costs. You may already qualify to buy to own instead of rent to own.

You may qualify to buy FHA with fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program. You may consider 3% down conventional from a minimum 620 fico score. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

You will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, home price, loan program and how much you want to invest into the down payment and closing costs.

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

The purchase in 92804 zip code of Anaheim start from 169k for 2bd 1.5ba condo, 259k for 3bd 2ba condo and the single family homes start from 315k for 3bd 2ba home which is as low as $1,575 down payment with a minimum 580 fico score @315k. If it is a REO foreclosed home that needs repairs you may choose the 203k purchase loan to renovate from a minimum 580 fico score.1ba

It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7 or

If my response was helpful, consider clicking Thank, Link or Best Answer.
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0 votes 12 answers Share Flag
Wed Jun 25, 2014
Kawain Payne answered:
Contact the California housing finance agency. They have loans for first time buyers with low /no down payments.

The no money down loans are usually two loans. One for 97% of the homes price and a silent second loan for 3% of the purchase price.

Kawain Payne, Realtor
... more
0 votes 7 answers Share Flag
Mon Apr 7, 2014
Jaleesa Peluso answered:
Hi Rob,

Thanks for asking your question on Trulia. I agree with many of the other people who answered this question below that it is good to just look into this area yourself. If you drive and walk the area at different times of day, you will find out for yourself if you feel comfortable or not.

What was it that attracted you to that particular area in the first place? If you have a good reason to be right there, that might just be enough! You might feel totally comfortable and happy in an area, whereas someone else strongly dislikes it. Happens all the time :).

Anaheim has a lot of nice areas with wonderful homes for families. Would you like me to send you some listings in the area to look at?
We can also drive some areas together and I can show you around. I do that all the time for my clients. There is no better way to get to know an area than to walk and drive it!

Call me anytime at 949 395 0960 or e-mail me at

Have a wonderful day!
Jaleesa Peluso
Realtor at Berkshire Hathaway Laguna Beach
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0 votes 10 answers Share Flag
Thu Feb 20, 2014
Nancy Anderson answered:
Yes you can. I just found a place for a first time home buyer and they put down less than that! The first step in the home buying process is to get a Pre Approval Letter from a lender. Many potential buyers shy away from this process because they are afraid of rejection, but this is only a positive process. Your will find out exactly how much home you can afford or you will know exactly what steps you need to take to make it happen in the future.

I would be happy to help guide you through the process and in your home search.

Nancy J. Anderson
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0 votes 5 answers Share Flag
Sat Mar 21, 2009
Bob Phillips answered:

By your disparaging, and completely off topic snide remark, it would appear that you have an issue with Realtors? That's too bad, because the vast majority of us are hard working, honest people who have our client's best interests at heart.

Just because YOU may have run into that infinitely small percentage ( Probably a higher percentage in YOUR area.) that "makes our reputations bad for the rest of us" - in YOUR mind - it shouldn't give you license to make disparaging "blanket" statements about the entire profession.

Just like most Realtors don't consider all people who talk disparagingly about them to be complete jerks - only a small percentage.
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0 votes 2 answers Share Flag
Thu Oct 9, 2008
Michael Barron answered:
Hi there Madevry. Not sure what your question is?
Are you looking for a loan or broker?

Kind Regards
Michael Barron
First Team Real Estate
(714) 552-6817 ... more
0 votes 1 answer Share Flag
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