Fresh Home Loan Inc. Announces No Down Payment No Income Restriction Home Loan for California

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Zero down payment financing with no income restrictions

Zero down payment financing

No down payment financing available at Fresh Home Loan Inc.

real estate financing without down payment

No down payment financing available at Fresh Home Loan Inc.

Rising rates and falling real estate activity are giving first-time buyers more opportunities than they’ve had in many years, negating the down payment.

While the housing market has its challenges for many buyers and sellers, one thing to realize is the opportunity this market has for the first-time home buyer”

— Garrick Werdmuller, President and CEO Fresh Home Loan

ALAMEDA, CALIFORNIA, USA, November 6, 2022 /EINPresswire.com/ — While the housing market has its challenges for many buyers and sellers, one thing to realize is the opportunity this market has for the first-time home buyer. With rates rising, resulting in fewer buyers, resulting in less activity and price reductions, etc., first-time buyers have a greater opportunity than they have had in many years!

One program that is a great option for homebuyers that they may not be aware of is the Fresh home loan Zero down payment loan. This is a no down payment loan with a second down payment assistance mortgage. Unlike most state and local government agency zero down payment loan programs with zero down payment, this has no income restrictions. This is a game-changer for many buyers because it means anyone can qualify for a loan with no down payment. Often, first-time community, city, and state programs have income caps so you may earn too much money to qualify for the loan. In high-cost areas like the San Francisco Bay Area, income criteria often don’t match market house prices, which can make it difficult to use the program.

When it comes to guidelines, they follow FHA-compliant home loan guidelines. It allows a first mortgage at 96.5% and a 2nd mortgage at 3.5%. This works for 1 and 2 unit properties. One can go as low as a score of 600 credits AND you can even ask the seller for credits for closing costs.

Program Highlights:
100% Financing – NO INCOME RESTRICTIONS
• FHA First Mortgage
• 1-2 unit properties
• 96.5% 1st and 3.5% second
• 600 fics
• Authorized seller credits

For more information, contact Garrick Werdmuller at 510.282.5456 or [email protected]
You can also visit us at https://freshhomeloan.com/home-purchase/
Garrick Werdmuller
President and CEO
Fresh Home Loan Inc
510.282.5456 call/text

www.FreshHomeLoan.com
1151 Harbor Bay Parkway Suite 136 Alameda Ca 94502
NMLS 242952

All loan approvals are conditional and unsecured and subject to the lender’s review of all information. The loan is conditionally approved when the lender has given written approval, but until all conditions are met, the loan cannot be funded. Specified rates and [products may not be available to all borrowers. Rates subject to change according to market conditions and agreed upon lock times set by borrower. Fresh Home Loan Inc. is an Equal Opportunity Mortgage Broker in California. This licensee is performing acts for which a real estate license is required. Fresh Home Loan, Inc. is licensed by the California Department of Real Estate #02137513 NMLS # 2124104

Garrick Werdmuller
Fresh Home Loan Inc
+1 510-282-5456
[email protected]
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Learn more about the program here…

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