Sentences with phrase «second home financing programs»

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Bridge Financing Program Bridge Financing is a temporary source of funds that enables our clients to borrow against the value of their current home to secure a second property, also financed by RMG Mortgages.

Our California jumbo mortgage programs can be used to finance primary residences, second homes, and rental properties.

If you would like more financing program info about home equity lines of credit and second mortgages, please visit our site.

* Seller - funded down payment programs were eliminated in the Housing and Economic Recovery Act of 2008, but States and Local government agencies are still permitted to help borrowers finance their homes with second mortgages and grants.

We go beyond traditional conventional mortgage programs to offer FHA and VA insured mortgages, financing for new construction and second homes, first time homebuyer assistance programs, and more!

A second mortgage program allows homeowners with or without home equity to quickly borrow up to 125 % of their home value to consolidate debts, finance home improvements, or get cash out for unexpected medical bills, college tuition, or any purpose.

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* To be eligible, Community Seconds funds must be provided by a federal agency, a municipality, state, county, state or local housing finance agency, nonprofit organization, a regional Federal Home Loan Bank under one of its affordable housing programs, or an employer.

The Washington State Housing Finance Commission offer homebuyers the Home Advantage Down Payment Assistance Loan Program, a second mortgage with a zero percent interest rate and payment deferred for 30 years that combines with the Home Advantage first mortgage.

The California Housing Finance Agency's «MyHome» assistance program provides down payment and closing cost assistance to first - time homebuyers in the form of a deferred - payment second mortgage equal to up to 5 percent of a home's purchase price.

While 72 % of consumers agree that now is a good time to buy a home, the new data from the second «How America Views Homeownership» survey showed that consumers overestimate the credit score and down payment requirements to actually make a home purchase, as well as little knowledge of available loan programs and factors in home financing like current debt.