First Time Homebuyer Solutions
Immediate Release: 8/30/2019
As an independent mortgage broker in the East Bay, we work with a plethora of lenders and loan programs, and offer the full gamut of best-in-class solutions for homebuyers. We aren't tied to any one bank or one set of loan programs, we work an entire marketplace. We understand and address the unique needs of first-time homebuyers.
FHA Loans. Characterized by a required down payment of just 3.5%, this is very popular among our clients.
Down Payment Assistance. The monthly payment will not be an issue for you, but saving up 3.5% is difficult given what rents and the rest of the economy have been doing? We have solutions in the form of grants and second mortgages.
Subsidized PMI. For those that can handle the minimum down payment, and the monthly payments, but don't like the prospect of expensive Private Mortgage Insurance, we offer programs with significantly subsidized PMI. The subsidies we offer are so strong that we often even present these options to families that approach us with the "standard" 20% down! Check here and here to see if you might be eligible, and ask us what that might look like.
VA Loans. You might encounter the claim that it's "impossible" to buy a home with a VA loan in the Bay Area, given current market conditions. This is not true, we specialize in VA loans, and our owner is himself a veteran that owns a home in the Bay Area purchased with VA financing.
Buying From Family? We work with lenders offering special financing to folks buying a house from relative at an attractive price relative to full market value.
Low Down Payment Jumbo Loans. Houses are expensive, and coming up with 20% down is tough. We get it in. That's why we work with jumbo lenders going up to 90% and 95% loan-to-value.
Qualify for free. We cover the cost of lining your home purchase financing. Our typical turnaround is one business day from receipt of needed paperwork.
- A lender quoted me an absurd rate!
- Non-FHA with a low down payment
- Let's talk PMI
- No Closing Costs
And much more! Reach out immediately for a FREE consultation! Or, just give us a call. 415-846-9211, and ask for Chris Mason.