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Jul
31

California New FHA 99.5% Home Loan

By Eduardo

California Fha home loans has come out with a new Loan Program that will allow Homeowners to Finance Loans up to 99.5%, which means your out of pocket expense is very little.

Here are some details of the Program,

Down payment and/or closing cost assistance in the form of a 2nd up to 3% of sales price. CLTV up to 99.5%.
2nd loan is amortized over 15 years at a fixed interest rate of 8.25%.
FHA financing with Loan to values of up to 96.5%.
NO first time home-buyer restrictions.
Funding available for all CA.
FICO scores below 620, even NO fico score permitted for qualified buyers!
Don’t delay call today for more details.
Backed by Private Financing – unlimited funds
NO “Recapture Tax” if home is sold later
NO Sales Price Limits
No additional “Compliance Review” required
Financing available for Down Payment and Closing Costs
CLTV’s up to 99.50% = little to no money down & no out of pocket
closing costs
No Minimum Borrower Contribution Required
Buyer or Seller Discount Fees allowed
Manufactured Housing Eligible
Click here for a Pre-Approval
Other Sources of
Assistance – Gift Funds
401k loans
Grants
Section 8 programs (subject to FHA guidelines)

How long will this last, Who knows but it doesn’t get better than this.
Low California Home Prices, $8,000 Tax Credit , Low California Mortgage Interest rates.

If you are interested in learning more about the California Fha Home Loan with 99.5% financing.
Call or Fill out a form.

Click here for a Pre-Approval
805-727-4833

Real Estate Agents in the Following Counties are ready to assist you, Call now for your free Pre- Approval!

Ventura County
Riverside & San Bernardino County
Orange County
Los Angeles County
San Diego County
Kern County
Santa Barbara County
San Luis Obispo
Imperial County

If your County is not on the list, Please call

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