Priced out of housing market? Zero-down loans, downpayment grants available

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Nederland Laatste Nieuws,Nederland Headlines

Yes, there are mortgage options for those who can afford Southern California’s high home costs.

Every now and again I’m in search of the best mortgages to get would-be buyersWestcom Credit Union has the deal of the decade. Maybe the century.California house hunters face record $4,359 monthly payment

Homebuyers also must contribute a minimum of $1,000 or 1% of the sales price, whichever is greater, according to Wescom. Rocket grants 2% of the purchase price toward your minimum 3% down payment. Your down payment contribution is 1% of the sales price. “We don’t have to count overtime or bonuses to avoid putting the buyer over the income limit,” said Jeremy Bednarz-Gray, division vice president of sales at Rocket Mortgage. “There are 992 active listings at $368,000 or less in Riverside County.”

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Nederland Laatste Nieuws, Nederland Headlines