Mini Mortgage Questionaire
Posts By Kristen Emery
HUD has recently revamped their requirements for approval of Condominium Projects for FHA mortgages. Almost all condominium projects will need to obtain a new approval under the new HUD/FHA guidelines. This will add about 30 days to the the amount of time needed to complete the purchase of a condominium.
As a Los Gatos FHA mortgage lender, Mortgage California is working with hundreds of first-time home buyers to achieve their dream of home ownership. We are a local Direct Endorsed lender, which according to HUD ”makes it easier for home buyers to purchase because they are obtaining their mortgage insurance from a HUD-approved lender.
With lower down [...]
Good news for SF Bay Area and Silicon Valley home buyers
When the California State Budget for 2009-2010 passed back in February of 2009 it included a $10,000 tax credit to buyers of new construction as follows:
Eligible period – from March 1, 2009 to to February 29, 2010 (or until the funds run out).
Qualified buyer is someone purchasing [...]
