Buy a house with no money for the down payment in California on the USDA home loan program, not limited to first time homebuyers, Call Direct 909-503-5600.

• No money for the down payment (will have to come in with a little money to open escrow with and you will have to discuss that amount with your agent)
• This benefit has to be by far one of the best reason to explore the USDA program, if the appraised value comes in higher than the agreed purchase amount, we can use that extra equity to finance your closing closet.
• Also, if elected the seller can contribute up to 6% of the purchase amount towards the buyers closing cost
• No limited to first time homebuyers, can not own or be on title of any other residential property at the time of closing escrow on the USDA loan
• No prepay penalty, can pay off the loan ay any time with a penalty of doing so
• Very small monthly mortgage insurance, the MI will remain through the term of the loan
• No Maximum purchase amount, still need to qualify for the payment within the required debt to income ratio requirements
• Primary purchase only, can not be used to buy a 2nd or investment property

Purchase a Home in Rancho Cucamonga California with No Money Down on the VA Home Loan.

VA assist Service members, Veterans, and eligible surviving spouses become homeowners in Rancho Cucamonga as well as through out Southern California. As a part of our mission is to serve you, we provide a home loan and other housing-related programs to help you buy and repair a home for your own and retain as your personal residency.

A VA Home Loan are provided by private lenders, such as banks and direct mortgage lender. VA guarantees a portion of the loan, enabling the lender to provide you with favorable terms.

The VA home loan program is available to current and active military personal as long as he or she is in good standing with the VA and can obtain a Certificate of Eligibility.

The benefits of a VA Home Loan program are:

• 100% Financing up to the county loan limit (each county has a limit on loan amount)
• No money down required (can bring in funds if chose to) as long as the sells price does not exceed the appraised value of the home
• No monthly mortgage insurance
• Competitive interest rates, lower then conventional rates with 20% down
• VA loans require a funding fee unless exempted by way of being 20% or more disabled by the Veteran’s Affairs
• Loan can be assumable as long as the person assuming the loan qualifies
• Has a sub-program to improve the energy efficient of the home, such as windows, heating and a/c unit
• VA rules limit the amount you can be charged for closing costs.
• Closing costs may be paid by the seller or lender
• No penalty fee if you pay the loan off early
• VA may be able to provide you some assistance if you run into difficulty making payments
• You do not have to be a first-time homebuyer
• You can reuse the benefit over and over as long as you are in good standing with the VA

You can see why the VA Home Loan program is a benefit to our active and retired service members when purchasing a home.

Service members and Veterans:

To obtain a COE, you must have been discharged under conditions other than dishonorable and meet the service requirements below:

*If you do not meet the minimum service requirements, you may still be eligible if you were discharged due to (1) hardship, (2) the convenience of the government, (3) reduction-in-force, (4) certain medical conditions, or (5) a service-connected disability.

Working with a lender that knows the VA home loan process is key in California, I had the privilege in working with many veterans in securing a 100% no money down VA home loan program over my 25 years of lending. I welcome the opportunity to discuss the requirements of this great loan program and how we can start the path towards homeownership.

by Nathan Rufty

Are you asking yourself "Is this a perfect time to buy a home in California?"

How to Hire the Right Real Estate When You are Looking to Buy or Sell a Home in California!

Their Experience:

A California agent must understand his or her local real estate market as well as the practices and processes of buying and selling a property. While a new agent may have energy and desire to perform but an experienced agent will be able to offer insight and experience which are likely to give their clients the edge in a transaction. The experience does not have to come in form of years in real estate, can be how many closed transactions they have completed. Just because a Realtor® has been the industry for 5 years does not mean they have closed 50 transactions. Experience also indicates negotiating skills and best practices.

An agent must be licensed in California to negotiate price, ensure they are properly licensed to be knowledgeable about a specific neighborhood that you are looking to purchase in. There is also a different when it comes to a residential and commercial agent. Work with the proper agent for the job, commercial properties are much different than residential properties, so find an agent with the experience you require.

Their Creativity:

Since a variety of issues can arise during a real estate transaction, a well prepared real estate agent should be able to solve problems creatively. A California Realtor® who helps their sellers and buyers through difficult problems with reasonable alternatives or finds a way to overcome an obstacle is invaluable.

Marketing is essential in the real estate industry, choose an agent who knows how to creatively use current technology to drive as much traffic to your property or to locate a home for a buyer is a benefit to the process. Buyers usually start their home search online, so an appealing, user-friendly website is essential. For property sellers, videos are often one of the best ways to display the best features of the home for potential buyers to preview the property. With current tools available to all real estate agent, an agent who knows how to use them has advantage of making an effective deal for their clients.

Their Honesty:

California home sellers need someone who will be realistic with them about the value of their property, no matter what other homes in the neighborhood are selling for or what the sellers think their home is worth. Home buyers need an agent who will advise them, that consistently under bidding in order to get more home for more than what they are qualified for will not a viable strategy to own a home. These conversations are difficult to have, but an honest real agent will have them with a buyer to achieve a successful result.

Another vital aspect of honesty is maintain consistent communication with a buyer or seller. Even if there is nothing new to report, a quick status update is essential to maintaining that trust. Silence is a sign of denial or even worse, bad news pending, so an agent who communicates regularly is being honest with their clients.

Finally, an agent needs be honest and forthright to put their client's interest ahead of their own, showing a client every house that fits their criteria and not just those that will give an agent the biggest commission. An effective seller's agent will inform their clients the feedback they receive from potential buyers, even if the news is discouraging. Keeping information from a seller may keep the relationship friendly, but it does not put the seller's interest above the agent's.

Call a local and professionally licensed real estate agent who specializes in your real estate needs when purchasing or selling a property. This is the first step towards a smooth and successful escrow. This also applies to loan officers. I welcome the opportunity to discuss your needs in owning or selling a home at 909-503-5600.