First time home buyer programs in Orange County CA

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First time home buyers programs
http//www.gerrygoodman.com
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INTRODUCING THE FIRST TIME HOME BUYERS PROGRAM

• First time home buyer programs in Orange County
  CA can no
• longer be considered a privilege rather it has
  become a
• necessity. California was classified as the
  harshest state in the
• country for first time home buyers. First time
  home buyers
• usually fall under the millennial age-group of
  18-34.

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THE FIRST TIME HOME BUYERS PROGRAM

• Why is it so difficult for first-timers?
• First time home buyer requirements are very
  high, especially in terms of economic intake. The
  state of California takes away high fractions of
  a taxpaying workers income in housing expenses.
• How is the government helping to solve this
  problem?
• The California Housing Finance Agency, commonly
  known as Cal-HFA, has offered numerous loan
  programs to provide assistance to
  competent first-time home buyers in getting a
  mortgage.

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THE FIRST TIME HOME BUYERS PROGRAM

• Who qualifies for the first time home buyer loan
  programs?
• If a candidate hasnt possessed and occupied his
  own residential home for the last three years, he
  is considered to be a first-time home buyer in
  California. For such candidates, choosing one of
  the several government grants for first
  time home buyers is the perfect way to owning
  a home.
• Whom is it meant for?
• Closing cost and down payment assistance are
  obtainable for low or moderate-income range
  mortgages. So essentially, these plans have
  been devised to help the people who cant afford
  to help themselves. Condos, customized homes, and
  properties with guest rooms are also included in
  these grants.

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Few other criteria

• The property in question has to be located within
  the state limits of California and be the
  mortgagers chief residence up until it is sold
  off or re-financed.
• In order to qualify for first time home buyer
  mortgage, debtors must qualify as first-time
  home purchasers. They must also qualify as
  certified American citizens, permanent
  inhabitants or qualified foreigners.
• If the applicant has a credit score of over 640,
  they are seen as more suitable for the program.
• It is essential that they match all salary and
  sales value necessities of the creditor and
  mortgage guarantor.
• Be it from a government certified organization or
  via a qualified real estate agent, the applicant
  must take an official home buyer instruction
  course and get a documentation of
  completion.
• Leaseholds, land trusts or co-ops are not allowed
  in the program.
• The property in question must be less than 5
  acres in size.
• There could be further program-specific
  necessities that need to be abide by.

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Get in touch with Gerry Goodman, for HOA Programs
in Orange County CA to ensure you find a home
that is perfect for you.
For More Information
http//www.gerrygoodman.com email
gerry_at_gerrygoodman.com Mob 1 714-588-3338