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California Home Loans — unique programs

Posted June 19th, 2009 in Mortgage Loan Insights

I'm proud to offer many unique programs for California home buyers. These unique loans are currently in effect for 2009:

100% financing:
* "NO Down Payment" Cal Rural Home Loan: 100% financing is available for qualified home buyers in select communities across California. This loan product does NOT have a minimum credit score requirement, no mortgage insurance, and you do not have to be a first-time homebuyer to qualify. Geographic, maximum income, and other restrictions apply.

California Purchase & Renovation Programs
* FHA "203k" and "Homestyle" Purchase + Rehab / Repair loans: These unique loans offer home buyers a low down payment and renovation loan in one permanent mortgage! Loans up to 110% of the "after repaired value" of the property (100% for condos). Purchase any 1-4 unit property in need of at least $5000 in repairs or improvements — ideal for bank-owned REO fixer-uppers! Primary residence (or investment property with restrictions), residential zoning, 1 – 4 unit property, and 620 minimum credit score required.

Commercial Income Property Loans
* Outstanding interest rates on commercial income properties. Both conventional and hard money commercial loans available both in CA and nationwide.

For more information on any of the above California home buyer programs call me direct today at 1-800-644-8829.

Posted on Friday, June 19th, 2009 at 12:19 pm in Mortgage Loan Insights. Bookmark this page, or subscribe through the RSS 2.0 feed. Both comments and pings are currently closed.

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Disclaimer: The advice and opinions expressed herein do not constitute legal advice and are intended for general informational purposes only based on the working experience of the author only. The author is not a licensed attorney. The opinions contained herein are made exclusively by the author and not those of Augusta Financial Inc, it's ownership, management, or other employees. No guarantees as to the validity or legal aspects of the information contained herein are made, express or implied. Accuracy of this information is subject to change per market conditions or the author's experience in the industry. No guarantees are expressed or implied as to the viability of real estate as an investment. Personal credit issues are subjective. Real estate, finance, investment, and landlord-tenant laws and regulations vary state-by-state. You should consult with a licensed real estate attorney in your area for all matters pertaining to the legal aspects of selling, purchasing, financing, investing in, or rental of real estate whenever legal and/or financial implications are (or should be) a consideration. Page copy protected against web site content infringement by Copyscape
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