• Need to know how much home loan you may be able to afford?,Maria Del Carmen Sanchez

    Need to know how much home loan you may be able to afford?

    THE SUM OF A FHA LOAN  MONTHLY MORTGAGE AND MONTHLY TAX PAYMENTS MUST BE LESS THAN 31% OF THE GROSS (PRE-TAXES) MONTHLY SALARY. THE SUM OF THE MONTHLY MORTGAGE, MONTHLY TAX AND ANY MONTHLY DEBT PAYMENT MUST BE LESS THAN 43% OF THE GROSS (PRE-TAXES) MONTHLY SALARY.

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  • Home appraisal & home tips for you of how  much your house be worth "read below",Maria Del Carmen Sanchez

    Home appraisal & home tips for you of how much your house be worth "read below"

    After you sign a home purchase agreement the contract between you and the seller about the terms of the pending sale and before your lender approves your loan, the home you’re buying must pass an appraisal. That's an assessment of the property’s value by an unbiased third party: the appraiser. An ap

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  • Chenoa loan program/Orange County,Maria Del Carmen Sanchez

    Chenoa loan program/Orange County

    Chenoa lon program this program offers the ability to utilize an FHA-insured home loan by offering eligible applicants 3.5% of the purchase price to cover the down-payment. The assistance funds come in the form of a zero-interest second mortgage with a 30-year term. This second mortgage will be forg

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