Please reach us at if you cannot find an answer to your question.
If you are buying to live in your home long term and your monthly payment is affordable in comparison to what you pay for rent, then it makes sense to buy now even with the higher interest rates. There is no guarantee of refinancing later, however in the past the interest rates have cycled up and down on average every 7 years.
A reverse mortgage presents a way for older homeowners to supplement their income in retirement or pay for home renovations or other expenses such as healthcare costs. There are many alternatives that should be considered.
It’s best to speak with a HUD-approved counselor before committing to a reverse mortgage (and if you’re looking to get a HECM, you’ll be required to). A counselor can help outline the pros and cons and how this kind of loan might impact your heirs after you pass away. To locate an FHA-approved lender or HUD-approved counseling agency, you can call HUD’s Housing Counseling Line at 800-569-4287.
Down Paymnent Assistance programs are based on the city, county and/or state you are purchasing a home in. The first step is to figure out where you want to buy a home and then reach out to a Loan Officer that specializes in Down payment Assistance. I offer several loan programs in California and Hawaii that offer Zero Down payment options.
Heidi Lawler -C2 Financial
12230 El Camino Real Suite #100, San Diego, CA 92130.
Copyright © 2023 Heidi Lawler- C2 Financial - All Rights Reserved.
This licensee is performing acts for which a real estate, mortgage loan originator, and mortgage Company license is required. C2 Financial Corporation is licensed by the California Department of Real Estate Broker #01821025; Hawaii Department of Financial Institutions, Broker# HI-135622; Texas Department of Savings and Mortgage Lending Broker#135622. Loan approval is not guaranteed and is subject to lender review of information. All loan approvals are conditional and all conditions must be met by borrower. Loan is only approved when lender has issued approval in writing and is subject to the Lender conditions. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. C2 Financial Corporation is an Equal Opportunity Mortgage Broker/Lender. The services referred to herein are not available to persons located outside the state of CA, HI, and TX.
As a broker, C2 Financial Corporation is NOT individually approved by the FHA or HUD, but C2 Financial Corporation is allowed to originate FHA loans based on their relationships with FHA approved lenders.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.