Today, the House of Representatives passed H.R. 3221, a wide sweeping piece of legislation that addresses a variety of housing related issues. The bill is headed for the President’s desk where his prompt signature is expected.
On pages 479 - 481 of the bill, the elimination of down payment assistance is cited (SEC. 2113) with an end date of October 1, 2008. The specific language states that the law “shall apply only to mortgages for which the mortgagee has issued credit approval for the borrower on or after October 1, 2008.” The full language of SEC. 2113 is included below with a link to the bill at the bottom of this section. Read more »












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Did you know that FHA allows the lender to deduct the monthly alimony payment from your clents gross monthly income when calculating there debt ratios?
Early Wednesday during the Wells Fargo earnings announcement something completely unexpected took place. POSITIVE EARNINGS form a Mortgage Lender!
In an effort to finance and promote Green sustainable homes in the Bay Area I would like to share with you
I’m excited to announce the arrival of Danville’s most prestigious new address. Hansen Lane Estates in Danville, CA built by Clarum Homes is the first zero energy home community in Contra Costa County. It is my goal to work with “Green” minded individuals. Be sure to run and not walk this development of Green Homes in Danville is sure to go fast with the features it boasts. I can recommend some of the areas top agents to help guide you and negotiate the home of your dreams. Please take a look at the builder’s site; these Green homes in Danville are sure to move. More to come; it is my goal to bring attention to sustainability designed homes and work along side of individuals that demand better than the rest… A green mortgage experience!
Castleview Estates are touting itself the first 100% green self sufficient development in the United States. The 52-acre development will be a national model as an Ag/City development. Water treated from the residential homes will be treated to support the agriculture irrigating the alfalfa intern feeding the ostrich farm currently located on the Happy Valley property.