lower rates!

Great news!
interest rates have been pushed down. a little volatility remains but, we have come full circle from 1 month ago.

keep in mind great 1st time buyer programs exist -

USDA Rural housing - no money down
FHA - small 3.5% down payment
VA - if qualified Veteran - no money down
95% conventional in CA - MI restrictions - great program.


your local mortgage pro.

Justin Kennedy
530-903-4334

interest rate improvement -

we have broken some major barriers.
with allot of negative economic news last week and this week, i felt it was only a matter of time. lets see if we can hold rates steady for the buyers and homeowners waiting for that perfect rate to place a lock.

Justin

USDA Rural Housing

if you are considering purchasing a home and have little down payment; if you are like me, you want to keep you savings liquid, the USDA Rural Housing program is a great option. this program allows 100% financing on a stable 30 year fixed rate. the program does have geographical area limits and income limits based per county.

the benefit explained:

1. No down payments.
2. Repairs maybe financed, if contract price is below appraised value.
3. No monthly mortgage insurance.
4. low guarantee fee of 2% compared to VA's funding fee of 2.15% or 3.3%.
5. low, low fixed rates.

if you have interest in the USDA Rural Housing loan program,

contact me directly 530-903-4334

your local mortgage pro,

Justin Kennedy