Posts

California Giving Away Down Payment Funds For Free!

We have received a ton of questions recently regarding the California Housing Finance Agency's (CalHFA) new program that offers a 10%, forgivable, interest-free loan to first-time homebuyers. So, we want to clarify the program's guidelines and touch on some serious tradeoffs buyers should consider.Read More

12 Tips For First-Time Homebuyers

Many first-time homebuyers are excited about the opportunity to invest in themselves and begin building generational wealth through their home’s equity. Here are JVM’s best tips for first-time homebuyers, founded on our team’s expansive knowledge and experience with helping thousands of homebuyers navigate the mortgage process. 1. Prepare For The Financial Responsibility The number one […]Read More

Special Deals for First-Time Homebuyers? Only at JVM!

Throughout my 25-year mortgage career, I have heard First-Time Homebuyers ask again and again if there are any “special deals” for First-Time Homebuyers. The answer has always been “no” for the most part. There are some low money down (3%) loans that only First-Time Homebuyers qualify for, but these loans are often hard to qualify […]Read More

FHA Not ONLY For 1st Time Buyers; Who Uses FHA Financing?

FHA Financing is not just for first time buyers. FHA financing can be used by anybody who does not currently have an FHA loan. FHA financing is best for borrowers with limited cash, tight debt ratios, and/or credit issues. FHA is the most forgiving type of financing when it comes to all of these issues. […]Read More