Conventional Loan Program
It is a great time to buy a home. Home prices and mortgage interest are low. I have a great lender to whom I am giving most of my transactions. She has some different loan programs that no other bank has because these bank lend their own money. It means that they don't have to go with the guidelines of FHA, Freddie Mac, Fannie Mae, etc..
This lender closes my loans! We, realtors, are having a very hard time closing deals.
Most of the time because of the lender's poor performance.
The hardest deals to close are the condominium, for different reasons such:
-Low HOA reserves
-Litigation
-Condition of the Property
-Too many units owned by investors
-The complex may not be FHA approved
-And many other reasons.
But with my lender, she has a loan program for first time home buyers with:
3% Down Payment
620 + Fico Score
NO Mortgage Insurance (PMI)
Low interests
Contact me if you are interested in being pre-approved.
Veronica Cabrera, Realtor
Realty ONE Group
Huntington Beach, Riverside, San Bernardino, CA
veronicasreohomes.com
(714) 809-6521
R.E. Lic. #0143140
