Comments for California Down Payment Assistance http://www.californiadownpaymentassistanceprograms.com Wed, 19 Nov 2008 11:26:44 +0000 http://wordpress.org/?v=2.6.2 Comment on California Housing Finance Agency (CalHFA) - First Time Home Buyer Programs by PorchLightScott http://www.californiadownpaymentassistanceprograms.com/2008/05/03/california-housing-finance-agency-calhfa-first-time-home-buyer-programs/#comment-52 PorchLightScott Tue, 11 Nov 2008 00:49:56 +0000 http://californiadownpaymentassistanceprograms.wordpress.com/?p=20#comment-52 Hi Lindsey, CHDAP is still available through CalHFA. The total assistance is 3% through CHDAP. If you buy before Jan. 1st, that would cover your down payment. After Jan 1st, FHA down payment requirements increase to 3.5% Hi Lindsey,

CHDAP is still available through CalHFA. The total assistance is 3% through CHDAP. If you buy before Jan. 1st, that would cover your down payment. After Jan 1st, FHA down payment requirements increase to 3.5%

]]> Comment on California Housing Finance Agency (CalHFA) - First Time Home Buyer Programs by Lindsey http://www.californiadownpaymentassistanceprograms.com/2008/05/03/california-housing-finance-agency-calhfa-first-time-home-buyer-programs/#comment-51 Lindsey Sat, 08 Nov 2008 00:57:30 +0000 http://californiadownpaymentassistanceprograms.wordpress.com/?p=20#comment-51 I have a borrower who is doing an FHA first but is purchasing a manufactured home and needs the Chdap program to help. Please advise what the max. ltv/cltv is if we have FHA 1st. I have a borrower who is doing an FHA first but is purchasing a manufactured home and needs the Chdap program to help. Please advise what the max. ltv/cltv is if we have FHA 1st.

]]> Comment on Who we are by PorchLightScott http://www.californiadownpaymentassistanceprograms.com/about-2/#comment-45 PorchLightScott Tue, 04 Nov 2008 19:24:28 +0000 http://www.californiadownpaymentassistanceprograms.com/about-2/#comment-45 Hi Jo, There is that challenge with many of the county and city down payment assistance programs. You may want to look towards an FHA loan that requires only a minimum 3.5% down payment, of which 100% of that can be a gift from a relative, spouse, fiance. What cities specifically are you looking in? There are many city specific programs available and we will be happy to do research for you. Scott Hi Jo,

There is that challenge with many of the county and city down payment assistance programs. You may want to look towards an FHA loan that requires only a minimum 3.5% down payment, of which 100% of that can be a gift from a relative, spouse, fiance.

What cities specifically are you looking in? There are many city specific programs available and we will be happy to do research for you.

Scott

]]> Comment on Who we are by jo http://www.californiadownpaymentassistanceprograms.com/about-2/#comment-44 jo Tue, 04 Nov 2008 02:33:50 +0000 http://www.californiadownpaymentassistanceprograms.com/about-2/#comment-44 Hi, I am searching for a down payment assistance program in orange county, ca. As of oct. 2008 alot of them are no longer providing assistance. My husband is a private school teacher and the market is still to expensive to afford the american dream on our salaries. Please help. Thank you, Jo Hi,
I am searching for a down payment assistance program in orange county, ca. As of oct. 2008 alot of them are no longer providing assistance. My husband is a private school teacher and the market is still to expensive to afford the american dream on our salaries.
Please help.

Thank you,
Jo

]]> Comment on Riverside County Economic Developement Agency - EDA / Down Payment Assistance by PorchLightScott http://www.californiadownpaymentassistanceprograms.com/2008/04/27/riverside-county-economic-developement-agency-eda/#comment-35 PorchLightScott Wed, 01 Oct 2008 03:45:50 +0000 http://californiadownpaymentassistanceprograms.wordpress.com/?p=12#comment-35 Hi Mario, You're right to be nervous. There is a lot of really bad news in out there right now. The good news is yes, there are programs to help you get into a home, but more importantly, we will not let you buy a home unless you show that you can afford it. Stay clear of short term loans with 'teaser' rates - stick with a 30 year fixed mortgage and do not over extend yourself. There is an incredible program from the State of California that you can buy in Riverside County with no money down and 5.5% on a 30 year fixed. Good luck with your search and congratulation for getting into this incredible market. Hi Mario,

You’re right to be nervous. There is a lot of really bad news in out there right now. The good news is yes, there are programs to help you get into a home, but more importantly, we will not let you buy a home unless you show that you can afford it.

Stay clear of short term loans with ‘teaser’ rates - stick with a 30 year fixed mortgage and do not over extend yourself.

There is an incredible program from the State of California that you can buy in Riverside County with no money down and 5.5% on a 30 year fixed.

Good luck with your search and congratulation for getting into this incredible market.

]]> Comment on Riverside County Economic Developement Agency - EDA / Down Payment Assistance by mario http://www.californiadownpaymentassistanceprograms.com/2008/04/27/riverside-county-economic-developement-agency-eda/#comment-34 mario Tue, 30 Sep 2008 17:45:39 +0000 http://californiadownpaymentassistanceprograms.wordpress.com/?p=12#comment-34 hello, im nervous about getting into buying a home but i have a stable job and so does my wife. we have a couple 1,000 saved and i caught a glimpse of this site and you've helped me realize how much help is availabe. we're ready for a home and i dont know where to start. looking for the best suitable loan i suppose. right? hello, im nervous about getting into buying a home but i have a stable job and so does my wife. we have a couple 1,000 saved and i caught a glimpse of this site and you’ve helped me realize how much help is availabe. we’re ready for a home and i dont know where to start. looking for the best suitable loan i suppose. right?

]]> Comment on California State Teachers Retirement System - CalSTRS Conforming / Non Conforming Home Buyer Program by PorchLightScott http://www.californiadownpaymentassistanceprograms.com/2008/05/13/california-state-teachers-retirement-system-calstrs-conforming-non-conforming-home-buyer-program/#comment-33 PorchLightScott Tue, 30 Sep 2008 01:21:37 +0000 http://californiadownpaymentassistanceprograms.wordpress.com/?p=51#comment-33 Hi Maria, There are programs that would allow you to buy other properties, the challenges in this current credit market are such that the guidelines to purchase a new condo have become much more strict. There are many factors to consider like how much you owe on your current home, how much it's worth, what your income and assets are. I would be happy to discuss this with you further. You can give us a call at 1-866-667-6724, it would require a few more questions to be able to accurately assess your options. Hi Maria,

There are programs that would allow you to buy other properties, the challenges in this current credit market are such that the guidelines to purchase a new condo have become much more strict.

There are many factors to consider like how much you owe on your current home, how much it’s worth, what your income and assets are.

I would be happy to discuss this with you further. You can give us a call at 1-866-667-6724, it would require a few more questions to be able to accurately assess your options.

]]> Comment on California State Teachers Retirement System - CalSTRS Conforming / Non Conforming Home Buyer Program by Maria G. Pons http://www.californiadownpaymentassistanceprograms.com/2008/05/13/california-state-teachers-retirement-system-calstrs-conforming-non-conforming-home-buyer-program/#comment-32 Maria G. Pons Mon, 29 Sep 2008 21:32:54 +0000 http://californiadownpaymentassistanceprograms.wordpress.com/?p=51#comment-32 I am a teacher, and own a condo. Given this economic circumstances, I need to downzise. Go to a smaller condo and pay about 1/2 of what I am paying now> Is there any program that could help me do this purchase? I am a teacher, and own a condo. Given this economic circumstances, I need to downzise. Go to a smaller condo and pay about 1/2 of what I am paying now>

Is there any program that could help me do this purchase?

]]> Comment on Riverside County Economic Developement Agency - EDA / Down Payment Assistance by PorchLightScott http://www.californiadownpaymentassistanceprograms.com/2008/04/27/riverside-county-economic-developement-agency-eda/#comment-2 PorchLightScott Wed, 27 Aug 2008 01:55:39 +0000 http://californiadownpaymentassistanceprograms.wordpress.com/?p=12#comment-2 Thank you for your question. Appliances are not a requirement of the lender. If there is any construction or damage to the home you could have challenges getting a loan. Give me a call if you have any questions! 714-336-8286 Thank you for your question. Appliances are not a requirement of the lender. If there is any construction or damage to the home you could have challenges getting a loan. Give me a call if you have any questions! 714-336-8286

]]> Comment on Riverside County Economic Developement Agency - EDA / Down Payment Assistance by kristin http://www.californiadownpaymentassistanceprograms.com/2008/04/27/riverside-county-economic-developement-agency-eda/#comment-3 kristin Sat, 23 Aug 2008 01:37:03 +0000 http://californiadownpaymentassistanceprograms.wordpress.com/?p=12#comment-3 Does the house have to have a stove, dishwasher & refriderator? What if it doesnt Does the house have to have a stove, dishwasher & refriderator? What if it doesnt

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