Bakersfield
VA Refinance Loan costs to go down significantly
VA Refinance Loan costs to go down significantly as the VA Authorizes Huge Opportunity for Veterans to Refinance at lower costs The VA is lowering the VA Funding Fee beginning Nov 17, 2011. This creates a huge opportunity for Veterans to Refinance using a VA Loan or VA Jumbo Loan at much lower costs. The […]
2011 VA Loan Limits Extended Through the End of the 2011 Calendar Year
The Department of Veterans Affairs has extended the 2011 VA Loan Limits through the End of the 2011 Calendar Year. The VA has announced that the County Loan Limits for VA Loans will remain unchanged for Oct. 1, 2011- until Dec 31, 2011. This announcement from the VA alleviates concerns that the end of […]
Zero Down Loans for California HomeBuyers
Zero Down Loans for California HomeBuyers – 100 percent Home Loans
We offer two US Government backed programs that allow for zero down, or no downpayment financing of your new home.
A common myth about VA Loans debunked – the VA County Loan Limit
A common myth with VA Loans is that they aren’t relevant or used very often for your area, or the loan amounts are too low for your area or that Lenders are limited to the VA Loan Limit for your County. In the past this was true, but recent changes have altered the picture. We allow you to exceed your VA County Loan Limit with the appropriate amount of downpayment on a VA Jumbo Purchase, or enough equity on a VA Jumbo Refinance. The amount of the downpayment or equity is roughly
Duplex Financing – 85% Conventional Loan – purchase or refinance a 2- unit with 15% down
conventional financing on Duplexes and 2-units up to 95% loan to value – just 5% down payment required. This is for Owner occupants – you must live in one of the units, but you can rent out the other unit.
Some highlights:
Loan amounts up to $533,850
680 minimum fico score…