Low Down Payment Mortgage

field of flowers

Did you know we have:

80/15/5 piggy backs - 5% down, no MI, No impounds. Use Super Conforming plus Quorum C U 15% piggy 2^nd

1^st time buyer products like Mortgage Credit certificate (MCC) for loans up to $484,350 loan amounts. The M C C credit is like lowering the buyers rate by 1.5%. Beat the banks and the Credit Unions, we can close quickly and with extra credit. 

Home ready 3% down for 1^st time buyers. Reduced MI and cap on risk based pricing of 1.5 pts. Great for condo’s, some areas have no income limits

Platinum Grant which doesn’t require the buyer to be a first time buyer. Up to 5% of the loan amount is a grant

Loans for the hard to qualify self employed borrowers using 12 months business Bank Statements. Use 50% of the deposits to qualify

Interest rates range from 3.75% - 4.25% - that's in the 3's depending on program, FICO, property, cash out and more

Just because you got a low quote from the Bank - maybe it won’t fly or close on time

Call to refinance or purchase now 949-  784- 9699

Bridge loans, Reverse Mortgages and many more Niche products.

NMLS 324982

This is not a commitment to lend

Homeownership with CalHFA

 

Caroline Gerardo at EAGLE HOME MORTGAGE

a Lennar Homes Company can help you with this

excellent financing solution to avoid having

a mortgage insurance payment added to

your monthly principle and interest payment.

By financing your mortgage insurance

costs in one lump sum into your loan amount, you can

potentially lower your monthly payments.

OR -For the same monthly payment qualify

for a larger loan amount.

 

It’s your choice!

There also may be tax benefits to this approach

(please consult your tax advisor).

Layer this with our grant program,

or bond programs, and or MCC credit

you can buy more of a home than you might think.

Exciting Good NEWS:

 

The California Housing Finance Agency announced

an amazing opportunity that helps more

low to moderate income California families purchase homes.

 

CalHFA will remove the first-time home buyer requirement

on its first mortgage programs to allow more

California homebuyers to take advantage of the

benefits of CalHFA’s affordable financing.

 

 “CalHFA’s mortgage loans now provide

more low to moderate income families

across the state of California with affordable

opportunities to purchase homes with fixed-rate

mortgages and down payment assistance programs,”

said the this week -Executive Director Claudia Cappio.

California’s homeownership rate stands at about

54 percent as of the end of the first quarter of 2014,

according to U.S. Census estimates,

this is a sorry 10 percentage points

below the national homeownership rate.

 

I believe homeownership is down in California

because we were hit hard by the crash.

California is seeing recovery in coastal areas

and great strides in the Bay Area,

but inland communities are not seeing big gains.

Only jobs, and I mean full time good paying

jobs not gig economy jobs will bring our beautiful state back.

Studies also show that homeownership is linked to stronger neighborhoods, better educational achievement, civic participation and healthier outcomes.

Our lending programs provide unique opportunities for families to purchase homes, including:

 

-       Offering a first mortgage for 97 percent of the value of the home, combined with a 3 percent built-in down payment second.

-       Access to no interest and low-interest down payment assistance loans that don’t have to be repaid until the home is sold, refinanced or the mortgage is paid off.

-       Access to grants, tax credits and low interest rates

 

Caroline Gerardo is Committed to Seeing You Home.

 

Senior Loan Officer

Caroline Gerardo

CarolineGerardo@eaglehm.com

http://www.eaglehomemortgage.com/carolinegerardo/

 

Irvine CA 92618

8105 Irvine Center Drive Suite #500

Eagle Home Mortgage a Lennar Homes Company

Efax 855-883-4303

Office 949-784-9699

Cell 949-637-8190

NMLS #324982

http://carolinegerardo.blogspot.com/

NMLS #849059 CA #813I609 Universal American Mortgage Company of California, dba Eagle Home Mortgage of California a Lennar Homes Company. Licensed by the Department of Business Oversight under the California Residential

Mortgage Lending Act. RMLA #4130383, NMLS #252392. Certain restrictions apply. This is not a commitment to lend. Applicants must qualify.

Niche Mortgage Birdhouse or Castle

How to Close your Problem Mortgage?

ceramic house

Not all houses are the same. Bird houses are each special as well.

Perhaps you went to a bank and they aren't answering your calls?

Perhaps they told your they can't help you with a loan?

We have special niche products to fit your needs.

Eagle Home Mortgage is owned by Lennar Homes

Because we are not a bank, we offer a greater

variety of loan products to help Realtors, Real Estate

Agents, Borrowers and Home Buyers close on time

with the product they want. If you are buying a tiny

birdhouse, a six million dollar home or commercial

project – we have the loan solution for you.

A brief list of some of the out of the box products:

Call and speak with C. G. to fix your stalled or broken deal

wood bird house

- Foreign National Loans, ITIN loans

- Condo/Hotel Loans

- Condos not warrant-able with low owner occupancy or lawsuits

- Financing for more than 10 properties

- Investor products

- Spec. Construction

_ Owner Builder Construction

- Loans closed in a corporation or LLC.

- Grants Gifts MCC CHDAP CHAFA

- Jumbo, Super Jumbo

- FHA 203k remodel

- Reverse Mortgage

- Cooperative

- VA – VA IRRL Streamline

- Higher Debt To Income Ratios

- Fannie DU Refinance

_ Freddie Mac

- Cross Collateralization loans when Borrower

has not sold current residence but finds the

Dream property

I have been a lender twenty five years.

My team can close you quickly

We have in office Underwriters, in office Funding and

in office Document drawing.

What does that mean?

No shipping your file to Minnesota.

No limbo wait turn time.

Experience that will find solutions.

Call me (949) 784- 9699

NMLS #324982

Wooden bird house 

handmade bird house

barn style bird house