In the video below, I will give you an over the shoulder comparison for a real life scenario that we recently did for a client wanting to purchase a home, with limited funds for closing right here in Pleasant Hill California.
Review the 10 minute tutorial, and then get in touch with us and ask us any questions about getting started.
Watch This Ten Minute Loan Scenario Comparison for Pleasant Hill
FHA Loans vs Zero Down Payment Pleasant Hill
FHA loans offer a 3.5% down payment minimum and are very flexible with Credit and income guidelines, tailored specifically for potential Pleasant Hill first time home buyers.
The downside for FHA loans in Pleasant Hill, is that it comes with hefty government fees or "Mortgage Insurance" that are normally financed into the new mortgage.
Home Ready and Home Possible.
These are two popular low down payment, conventional options offered by Fannie Mae and Freddie Mac for potential borrowers that have a qualifying income.
These two programs are not necessarily for low income borrowers in Pleasant Hill, but they do have caps on how much household income you can use in order to qualify.
In the video above I compare home ready and home possible to FHA.
Zero Down Payment Financing for Pleasant Hill
Next we will show you our exclusive zero down payment program. Most lenders will not even bother to mention or show you.
With this program, we can offer to finance both your required down payment, and usually all of your closing costs. Many potential buyers in Pleasant Hill are surprised to find out that the payment option with very little or no money out of pocket is very palatable compared to the other more popular, low down payment options mentioned above.
Or call and ask anytime at 925-285-2172
How To Schedule a Pleasant Hill Property Showing
How to best communicate on properties you like.
- Login to your account here (email and phone number)
- Download our MoveTo App if you are using an iPhone (this app is updated more frequently than Zillow and other popular consumer sites)
- Save any relevant searches you like? (I’ll save one for you based on what we’ve been looking at) Properties with Red Arrows were recently reduced and the seller may be very motivated.
- You will be notified when new homes come up or if there are any price reductions on homes you’ve been looking at.
On the site or in the app if you click “favorite” or “request showing” I will get notified automatically and put together comp reports and showing schedules for you.
This way we can be kept in the loop together on what you like in Pleasant Hill and are interested in with just one click without you having to email or call every time.