This post outlines some of the best highlights of VA home loans in California: VA home loans are 100% financing zero down payment VA home loan requirements allow for a very high debt-to-income ratio, even higher than FHA and conventional loans VA loan limits go up to $1 million with zero down in San Francisco, [...]
Conventional Loans
The state of California has extended and improved the $10,000 tax credit for home buyers in California. The old tax credit used to only be for brand new built homes, now the tax credit includes ALL first time home buyers buying ANY type of primary residence, brand new or resale. This is wonderful news those who first time home buyers [...]
VA lending to active military and veterans remains the incredibly flexible, 100% zero down home loan it always has been as other types of home loans continue to significantly tighten their lending guidelines. Here are some examples: VA loan credit score: You can still get a 100% zero down VA loan with a 600 credit [...]
The USDA (United States Department of Agriculture) Home Loan is a very little known 100% financing home loan available to people buying homes in rural areas of California and the rest of the U.S. This is another option for those who qualify for VA loan, but may already have a VA in place and need [...]
Starting in late 2007 the mortgage industry as a whole started a general tightening of guidelines that has continued in dramatic fashion over the last 2+ years. Yet through all of this, VA lending has stayed pretty much the same as it was before the all the problems in the mortgage market began. For non-VA [...]
