Stimulus Programs are Bringing Buyers Out of Woodwork in CA Bay Area |

I thought I would write a post showcasing all the newer loan programs that the government has made available because of the stimulus and other incentives mostly for first time buyers. As an investor it helps to have those regular buyers ready to buy that wholesale deal or short sale that I've been working on as an Investor. Let me know what you think.

I also have a new source of Hard money that is going up to 70% LTV for thos Fix and Flippers that are out there.

Hot Home Mortgage Programs!

• FHA 203K Rehab Loan. Perfect for today's REO fix up environment. Get up to $30,000 upon closing for repairs and upgrades on your new home purchase.
• $100 Down Payment and Closing Assistance on HUD Bank Owned Homes.
• Contra Costa Mortgage Credit Certificates. Get up to 20% tax credits on interest paid on your mortgage throughout the year!
• 100% Financing with VA Loans!
• Government Programs up to 97% Financing. with $8,000 in Tax Credits for First time buyers.
• Fannie Mae Freddie Mac Refinance Plus! HARP Refinance your home up to 125% of the value.
• Concord CA Affordable Housing and First Time Home Buyer down payment assistance up to $40,000!

Rates 11/05/2009

• 30 Year Fixed Conventional $417,000 and Below 4.75% NO Points
• 30 Year Fixed High Balance $417K to $765k 5.375% NO Points
• 5/1 Conventional ARMs at 4.00% NO Points

Bank Bailouts Find Another way to Hose the Consumer! learn why the artificial rates are helping to get people to buy houses! Watch your credit cards!!

Until Next time Here is to your success! Jason Wheeler 925-285-2172 | Come to a FREE Bay Area Event |