Types of Home Loan Options to Explore vary depending on your budget, credit worthiness, cash down payment.
Conventional • USDA • FHA • VA • CalVET
As little as 3% down and you’re planning for this to be your primary residence. Available for 1-4 Unit dwellings, too.
Looking for a Fixer?
Fannnie Mae’s HomeStyle® Renovation • FHA 203(k) Loan • Freddic Mac CHOICERenovation® • Private Financing
Manufactured Homes (also known as Mobile Home Homes)
As little as 5% down, lower move-in cost, lower property taxes in comparison to a traditional house, townhouse, or condo, with many of the same perks and benefits. Best of all, you own it! What are the Pros and Cons of a Manufactured Home Community and Manufactured Home on your own parcel/land.
Contact Ranae Callaway of NEXA Mortgage (NMLS #1660690).
Ranae is a Mortgage Broker with over a decade of experience as a mortgage broker. Be sure to check with your local bank or credit union to see what sort of offers they can give.
Call or Text her: (925) 323-6812
In this fast paced economy, you don’t want to be in the dilemma finding the home of your dreams and ill-equipped and ill-prepared to submit an offer. Be sure you secure a Certified Pre-Approval. By doing so shows your agent, the sellers agent, and the seller you’ve done the hard work, you’re serious, and you’re ready to take the next step.
LAND is fun, LAND is cool, LANDing a parcel can make room for cool projects 🙂
Interested in buying land? Many lenders would want you to put down 35-50%; however, the more you can put down the better. Land is great for building up a nice home by scratch, to place a manufactured home, commercial, farming, or to just to have space for fun, cool, and exciting projects.
Depending on where you’re interested in buying and its use, consider USDA loan options. While Cash is King, other land loan options
include:
Private Financing • Seller Financing • Business Loan • SBA 7(a) Loans
Are you in need a real estate advisor a broker who specialize in these loan options, reach out to me so that we can discuss your options and I can recommend a broker who specialize in these loan options and loan-terms.
Is an Adjustable Rate Mortgage (ARM) or Ballon Mortgage right for me?
Do you have seasonal employment, or your employment is not quite like a traditional semi-weekly or weekly pay schedule, this may be an option for you.
If you’re looking to buy multiple properties or parcels at once, looking for
Investment Property, 5+ Unit Dwelling, or you’re a Commercial Real Estate Investor
Contact me for more information and recommendations.