Classifieds
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
CHDAP is Done! Loanverse still has 99.5% Financing on Homes!
We all know how great the California Home Down Payment Assistance Program (CHDAP) treated us. It is a bummer that their budget has been fulfilled, but that does not mean there are no alternatives available.
Loanverse offers the Millennial Program! A 99.5% Financing program very similar to CHDAP, that can help your clients in CA own a home with as low as $1,000 down. AGENTS,This is your chance to get a ton of people interested in becoming a home owner! Why are people renting with such great interest rates available, and such a great low down payment program? Below are some guidelines.
- 620 Minimum FICO
- $417,000 maximum Loan Amount
- Good on Single Family Homes, PUD's, FHA APPROVED Condos, and Manufactured Homes.
- Income restriction of $80,000
- Does not matter if client is first time home owner or not.
- Must be Owner Occupied
I have been working closely with an agent from a Keller Williams utilizing this program, and she has closed 7 escrows in the past two months getting this program out to her local community. Oh, and she has been in this business for 3 months!
If you want a dependable lender, with over 30 years of experience, that is more than just a lender, lets schedule a meeting and game plan! The market is still ripe for business, lets make some moves guys!
Happy Selling!
Darius Sepehripour
VP
(818)430-5933