fha loan

How will the new loan limit impact the housing market?

September 7, 2011

Only 4 years ago, the FHA loan was not available to potential home buyers in San Jose because the conforming loan limit was $417,000. This was one of the reasons that “exotic” loan products became available and fueled a market for negative amortization and interest only loans. When the housing crash occurred the government set […]

Can I afford to buy a home? Santa Clara County Homeownership Programs Can Help!

April 10, 2011

In spite of doom and gloom push by many, there are many people that do want to buy a home. For most, the biggest challenge to buying a home in the greater Silicon Valley is finding the funds for a down payment. Even with FHA availability requiring only 3.5% down may not be an option […]