calhfa.ca.gov Dream For All | Shared Appreciation Loan The California Dream For All Shared Appreciation Loan is a down payment assistance program for first-time homebuyers to be used in conjunction with the Dream For All Conventional first mortgage for down payment and/or closing costs. Last round, it was out of funding in 13 days. Keep a close eye this time. 1 post - 1 participant Read full topic ..read more

We are excited to announce a unique opportunity to join our team a invitation homes as a Remote Housing Project Coordinator. In collaboration with Invitation Home, a leading property management company in the United States, we are dedicated to assisting disabled, senior, and retired citizens in obtaining better housing at a low cost. As part of this meaningful initiative, we have recently opened a position for individuals who want to make a difference in the lives of others while working part-time and remotely. 3 posts - 2 participants Read full topic ..read more

WPTV News Channel 5 West Palm – 9 Mar 23 Federal Housing Administration greenlights 40-year mortgages This week the Federal Housing Administration gave the OK to 40-year mortgages. It's a move designed to try and make it easier for first-time home buyers. 4 posts - 4 participants Read full topic ..read more

How can I get a mortgage with bad credit? 1 post - 1 participant Read full topic ..read more

MarketWatch Bad news for home buyers: Mortgage rates soar to highest level since March 2020 Investors are pulling interest rates higher, which threatens to push buyers out of the housing market. The 30-year fixed-rate mortgage averaged 3.45% for the week ending Jan. 13, up nearly a quarter of a percent from the previous week, Freddie Mac FMCC, -0.54% reported Thursday. It’s the highest average rate for the 30-year loan since March 2020 when the coronavirus pandemic first began to send shockwaves through financial markets amid the first wave of lockdowns. Comparatively, a year ago, the 30-yea ..read more

DH and I are considering tapping into our home’s equity using this: https://www.hometap.com/how-it-works/ to do a room addition, which we’ve had estimated at 100k (assume it comes in more than this, since prices/labor high) Basically, you get money from them, and they get a percentage of the equity you have in your home and get their money when you sell (I don’t know how this works with if you put the home for rent). WIth the recentl rise in equity, our house has gone up 400k since we first purchased the home last year. I am not a huge fan, and am arguing for a HELOC, but this seems like a no ..read more

Any ideas who would write this? TN Property. Looking for 1st. Low LTV with recent Medical Chapter 7 $610 K purchase price. $200k cash down. $410k 1st mortgage. No other debt. 66% Plus LTV Borrower has 650 mid score after Chapter 7 discharge July 2020 due to medical event. No trade lines except Student Loans and token Auto loan. New construction - Owner Occupied - single family home close to Nashville Tennessee Borrower open to Interest only. Borrower Background Married but purchasing as separate property due to husband’s credit score. Married/together since 2004 Relocated to Nashville Tennesse ..read more

Hello, So, I’ve rented a home fully-owned by my mother for years and finally am thinking of trying to purchase this home from her. The home is expected to appraise for at least $600K, and my mother is willing to sell me the home for $400K. We are thinking of trying to use the $200K decreased price as a “gift of equity” and down payment on the $400K house. If I am able to secure a mortgage loan using this gift of equity/down payment and borrow an additional $200K, will my mother receive apx $400K upon selling me the house? I really want to keep the house within our family and give my mother the ..read more

Mortgage News Daily Epic Fed Needle Threading Leaves Rates Relatively Unchanged Mortgage rates were surprisingly steady today as the bond market reacted to a new policy announcement from the Fed. Perhaps "reacted" is the wrong word considering the market's response. Specifically, the bond market (which dictates interest rates on... Today’s announcement advanced the verbiage that suggests the Fed will begin tapering at the next policy meeting in November. Then, in the post-meeting press conference, Fed Chair Powell bluntly and explicitly confirmed the Fed is indeed planning on announcing the ..read more

finance.yahoo.com Soaring home prices made you house-rich? Here's how to make the most of it You're living inside a giant piggy bank now — and have options for shaking out some cash. No new insights for experienced RE investors. I have re-financed (didn’t do cash out because don’t know where to deploy) few months ago, too tired to do another. May be next year if price stays elevated. 1 post - 1 participant Read full topic ..read more