My New Blog

Home Path now offered, purchase, 95%, no appraisal, no MI, 660 min score -PROPERTY MUST BE LISTED ON HOME PATH WEBSITE www.homepath.com

This loan funded through Reliance Funding, I can refer you to a HomePath Realtor!

Just posted on www.RelianceFundingca.com  from the Zavala's of Whittier:

What People Are Saying About Reliance Funding:

HUD announced yesterday that the upfront mortgage insurance premium would be raised to 2.25 as of April 5, 2010 and will affect all case numbers pulled after that date.

What does this mean? It's now the same as for VA Loans and on, say, a $200,000 loan would add $4,500 to the loan amount over the previous $3,500. It would increase your payment by $5.29 at 4.875% interest rate (APR, 5.279). Not alot in exchange for putting only 3.5% down payment or $7,000!

I would....buy a home with the current 1.75% and up to $8,000 tax credit BEFORE April 5th and BEFORE the tax credit expires April 30, 2010.

*NEW* Current Homeowners looking for a replacement primary residence could also qualify for a $6,500 (up to $3,250 for a married individual filing separately). They must have lived in the same principal residence for any five-consecutive year period during the eight-year period that ended on the date the replacement home is purchased. This new provision also only applies to homes purchased after Nov. 6th 2009.<more> 

Click Here

http://www.savingtoinvest.com/2009/02/15000-first-home-buyer-tax-credit-in.html

On this Thanksgiving 2009, as we all pause to consider for what we are thankful, I would like to thank you for making the CalVet Home Loan program available to all of our veterans and active military. Whether you just completed a loan or have never had the opportunity, thanks for serving those that have chosen to serve our country by participating in the CalVet Home Loans program.

A number of people are wondering if the $8000 new home buyer tax credit expiring on November 30th will be extended to all home buyers. close before  Well, Bloomberg news reports that the tax credit is extended through  through April 30th, 2010.

Income limits have increased to $125,000 per individual and $225,000 per married couple
 Current Homeowners looking for a new home could also qualify for a $6,500 credit if they have lived in their existing primary residence for at least five years.

www.reliancefundingca.net is taking the place of my old and tired website after 5 years. I'm not finished yet with all the additions but keep checking back! So far you can see daily rates, news about the housing market and what's-in-it-for-you (like that great $8,000 tax credit for first-time buyers and $6,500 for move up buyers too.

And oh, yes, I'm still doing commercial and business loans--SBA to buy a business, lease-back options for working capital and more.

And my credit-challenged buyers and borrowers can will get the same expertise in working with any challenges that might have popped up to make sure you get the best rates offered!

Call or email   me with any questions and/or pointers for my website!--Anne James