There are many great Northern California area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation
so you know what buyers will pay for your home in today's market. You
may also call me at (707) 500-1787 for a FREE home buying or selling
consultation to answer any of your real estate questions.
Recently, there have been some huge changes in the mortgage financing industry that will affect Northern California buyers and sellers in 2015.
Fannie Mae and Freddie Mac, two of the largest mortgage agencies in the country, have decided to allow as little as 3% down on mortgages. This
is a huge change, as Fannie and Freddie had previously stepped away
from 97% financing options. Instead of having to put 5%, 10%, or 20%
down, you now only need to bring in 3% for a down payment! This is a big
deal for home buyers, especially because rates are expected to rise over the course of the year.
Another great option that's currently available is the 5% CHF Platinum Program. This grant program allows our preferred lenders to get you 5% for your down payment or your closing costs. It's
fantastic because it's a grant that you never have to pay back, and you
can refinance in six months, get a lower interest rate, and still take
advantage of that 5%.
If you have any questions
about these great programs, and the many opportunities out there for
buyers and sellers, don't hesitate to give us a call or shoot us an
email.
We would love to help you take advantage of these wonderful conditions!
