Here’s how to find property to have absolutely nothing currency off, using CalPLUS Traditional Financing, towards the 4% Zero and you will step three% MyHome guidance apps:
Purchase price $three hundred,100 and Estimated Closing costs $8,400 = Complete Called for: $308,eight hundred CalPLUS Traditional Loan amount (95% off cost): $285,100 Zip (4% from first mortgage count): $11,400 MyHome (3% regarding price): $nine,100000 $285,000 + $eleven,400 + $9,100 = $305,400. Read the rest of this entry »