Get FHA Loan 3.5% Down to Buy This $269,000 San Diego Remodeled Home is a post from: FHA,VA and Conventional Home Loans in all 50 States
This house in the Vista area of San Diego is an example of the the great deals available now in the coastal areas of California that can be financed with 3.5% down FHA loan financing with FHA loan rates still hovering around 60 year lows. These homes were going for around $450,000 at the peak of the market, now you can get one for $269,000 that has been fully remodeled with granite counter tops throughout, brand new kitchen and bath, brand new roof, new windows, new flooring throughout, new copper plumbing and drain lines, new furnace, new garage door and new sprinkler system.
This is the type of property available now in Coastal areas of California such as San Diego where your housing payment would be possibly less than rent. And not even close to rent when you take into account the tax write-off of mortgage interest and property taxes and then principal pay down of the loan balance every month with a 30 year fixed FHA loan.
So give us a call 858-922-7899 or email homeloan8@gmail.com if you would like to be pre-approved for a FHA loan to purchase a home in California.
Here are some of the latest advantages of FHA home loans in California:
- FHA loan down payment is 3.5% and this can come from a gift from a relative
- FHA loan rates are still hovering at 60 year lows
- FHA loan limits in many parts of California such as Los Angeles, Orange County, San Jose, and San Francisco go up to $729,750. In San Diego FHA loan limit is $697,500.
- FHA loan credit score does not have to perfect. Give us a call or email we are specialists in assisting borrowers to raise scores to where they need to be
Regards,
Rob Chomentowski
Sr. Loan Officer (FHA, VA, USDA, Homepath and conventional loan specialist)
858-922-7899
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