California Public Employee & Teacher Home Loan Program (CalPATH)

California Public Employee & Teacher Home Loan Program (CalPATH) is now available for Teachers, Police Officers, Fire Fighters and other Public employees in California.  Best of all, you do not need to be a first time homebuyer to take advantage of this new loan program! CalPATH Program Benefits:     Lower Rates & Reduced Lender Feesfor Public Employees in Californnia …

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Moving Checklist for Sellers.

___Provide the post office with your forwarding address two to four weeks ahead of the move. ___Notify your credit card companies, magazine subscriptions, and bank of your change of address. ___Create a list of friends, relatives, and business colleagues who need to be notified about your move. ___Arrange to disconnect …

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My Life As A Number CREDIT

Credit is an important part of buying a home. Lenders will scrutinize your credit history to determine if you are qualified to buy a home and what interest rates and fees to charge. The difference between having just okay credit and good credit can cost you tens of thousands of …

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Pros and Cons of Going Condo

Condominiums and townhouses offer an affordable option to single-family homes in many markets, and they re ideal for those who appreciate a maintenance-free lifestyle. But before you buy, make sure you do your legwork. These are some of the important elements to consider: Storage. Some condos have storage lockers, but …

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7 Tips for Improving Your Credit

By: G. M. Filisko Here’s how to clean up your credit so you get the least-expensive home loan possible. Getting the loan that suits your situation at the best possible price and terms makes homebuying easier and more affordable. Here are seven ways to boost your credit score so you …

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What if They Accept the Offer?

Congratulations, your offer has been accepted! Over the next 30 to 60 days, your purchase will be pending and you will begin the escrow process. Typically, an offer will have several contingencies. Contingencies are terms and conditions written into a contract by the buyer or the seller, which must be …

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Downpayment Assistance Program (CHDAP)

We had some new changes to the mortgage loan that Prospect offers California Homebuyer’s Downpayment Assistance Program (CHDAP) The CHDAP provides a deferred-payment junior loan – up to 3% of the purchase price, or appraised value, whichever is less, to be used for their down payment and/or closing costs. This …

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