Mortgage Loans

3/25/2015

Grant Money to Buy a Home

Border of edible herbs for your new home use free money
to buy with a grant program. Help finance your home loan.
Like free money from grandma for your purchase mortgage

What is NHF Platinum?

 A first mortgage program with a Down Payment Assistance Grant.

Can excess grant funds be used towards closing costs?

 Yes, only towards “customary” closing costs.

Does the client have to be a first time homebuyer?

 No, clients can still use this program if they have owned a home in previous 3

years.

Do funds ever run out via too many reservations?

 No, funds never run out as long as the program is offered.

NHF Platinum Q&A

What properties are allowed?

Allowed:

 Owner Occupied, single family residences

 Agency approved Condominiums and PUDs

 Up to 4 units

Not Allowed:

 Co-ops

 Rental or investment properties

 Recreational, vacation or second homes

Who funds the grant money at closing?

 Funding sends a Grant Request to NHF and they fund Grant funds.

Example shown below is for WA State:

• 1180 - FHA - NHF Platinum

• 1280 - VA - NHF Platinum

• 4468 - USDA/RD - NHF Platinum

• 2180 - MCM Conventional AND Standard Conventional available

2180 - MCM Conventional AND Standard Conventional available

VERY IMPORTANT:

Standard Conventional NHF loans offer a maximum grant of 3%

Minimum credit score for the Standard Conventional NHF product is 740

All other NHF products have a minimum credit score of 640.

NHF Platinum Website

NHF Platinum website at: http://www.nhfloan.org/index.html

 Program Index

 Lender Support

 Online Reservation System

 Find interest rates under reservation system (between 9am

– 4pm PST)

 Contact information

NHF website “Program Index”

Within the “Program Index” link:

 Click on the “NHF Platinum” Blue link

 This blue link opens up another webpage

providing :

 Program Term Sheet

 Income Limits

 Reservation Portal

 Grant checklist

 MCM product

matrix

 Training

opportunities

NHF Platinum Website

NHF Platinum Product 1st mortgage.

Income Limits:

 Click on the associated link that

correlates to the NHF product you are

 Income limits by State

 Income limits by County

Grant amounts:

FHA, VA and USDA

 Select between a 0%, 3% or 5% grant

 Each grant option comes with an

associated interest rate

Conventional (both Standard & MCM) FREE GRANT FOR DOWN PAYMENT IS SUCH AN AMAZING BENEFIT!

CALL NOW TO FIND OUT HOW

(949) 784-9699 C G BARBEAU

NMLS # 324982

Creating stain for wood flooring

I am doing this project on a strict budget. The insurance company wasn't fair.
The cost to buy the t molding, transition strips, oak pieces between marble kitchen
and entry and have it custom stained to match my warm matte wood was approximately
two thousand dollars. No way.
I went to Ganahl Lumber in Orange with my careful measurements and they sold me oak
and some pine pieces (some 15 feet long). Again I didn't want to spring for the delivery
cost so I wrapped them in blankets and red flags hanging out the back of my BMW X5
This was not a great idea and I do not recommend it. I drove home surface streets worried
the whole trip.

Because the wood type isn't an exact match with the floor and I want to make the
stain penetrate deeply into the moldings I used acrylic artist paints that I have
and coffee ( no sugar no cream) to thin the stain. I painted all sides of the strips
seven times and finally the color was deep into the center. After each stain job I
allowed them to dry thoroughly.

Layering the stain color and correcting with each coat was a fun DIY job. I suggest
you begin light and work up to match your desired shade.

Did you know you can apply for a Homestyle Mortgage loan that can

finance new wood flooring? Refinance or purchase ask me how

949- 637- 8190 cell

Hard Wood Flooring Install

Progress of laying the hardwood floor over concrete.
First we ripped up carpet, pad and the wood stripping that was
nailed into the concrete. This work is slow and with three pry bars
or crow bars and goggles it took the three of us about three weeks
working a couple hours after work and weekends. I don't think I
could have done it full time seven days- the stress on the hands is
tough.
Next all the glue, paint and glop was sanded and scrubbed down to
reveal the clean concrete. A few spots had dents from whatever the
original contractors dropped on the wet concrete and those took some
grinding.

Next organize the wood to fit within each room (I have some sizable
antiques that have marble tops that took some nephews assistance in moving)
All out downstairs furniture went upstairs or into the garage.

We cut about half a room of flooring and arranged after using a t bar and
chalk line to make sure the lines were straight. Of course my house is not
square.

Then the messy gloppy gluing...
Wear disposable clothing as after each glue session just toss them and
use disposable rags, paper runners and junk cardboard. The boxes that
the flooring were shipped in were useful. Nothing went to waste.

See below we used the unopened boxes of flooring to weigh down the finished
areas. Then stay off for 30 hours, to let them start to set. The actual glue set on the
label says 24 hours but in my damp coastal weather it took 48.

This DIY project is not really that difficult. It is messy, the cutting requires an electric
miter saw, careful measuring and patience.
Order about 11% more square footage than your measurement to lay straight and about 15%
more if you are going diagonal.
I always wanted to do a palette wood floor in my place in Wyoming.
I now have the confidence to execute the project, but perhaps not the
time - yet.