First Time Homebuyer Solutions
As an independent mortgage broker shop, we work with a plethora of lenders and loan programs, and offur the full gamut of best-in-class problem solvers for first time homebuyers. We aren't tied to any one bank or one set of loan programs, we work the entire marketplace.
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.
Alameda County 2019 Down Payment Assistance. The new "AC Boost" program offers up to $150,000 in down payment assistance in the form of a shared appreciaiton loan. No monthly payment. Click to learn more.
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.
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.
95% LTV Conventional for 2-4 unit properties. This is an excellent option that is worth comparing to FHA if you are thinking of multifamily real estate.
- A lender quoted me an absurd rate!
- Non-FHA with a low down payment
- Let's talk PMI
- No Closing Costs
- Alameda County 2019 SUPER CHARGED Down Payment Assistance
And much more! Reach out immediately for a FREE consultation!