A Complete Guide to the CalSTRS 80/17 Purchase Loan - Updated 1-15-09
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A Complete Guide to the CalSTRS 80/17 Purchase Loan - Updated 1-15-09

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As an employee a California Public School or Community College you may be eligible for a 3% down, No PMI purchase loan. ...

As an employee a California Public School or Community College you may be eligible for a 3% down, No PMI purchase loan.

The CalSTRS 80/17 is hands down the most flexible purchase around with such a low down payment.

We also address the 100% financing option available to members of CalPERS and review the newly released IRS guidelines for the $7,500 federal tax credit that expires in 2009.

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    A Complete Guide to the CalSTRS 80/17 Purchase Loan - Updated 1-15-09 A Complete Guide to the CalSTRS 80/17 Purchase Loan - Updated 1-15-09 Presentation Transcript

    • A Complete Guide to the CalSTRS 80/17 Purchase Loan Thank You for Attending We Will Begin in a Moment Class will begin at 7:00pm Presented By: Broadview Mortgage Corporation Presenter: Scott Schang Contact Information: Phone: 866-667-6724 [email_address]
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • The Purpose and Goals of this Class
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • The Purpose and Goals of this Class
      • To Create and Empower Home Owners
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • The Purpose and Goals of this Class
      • To Create and Empower Home Owners
      • Educate you about the current California Real Estate market and Specialty Financing Options for Education Professionals
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • The Purpose and Goals of this Class
      • To Create and Empower Home Owners
      • Educate you about the current California Real Estate market and Specialty Financing Options for Education Professionals
      • Empower you with the ability to make educated decisions in the home buying process
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • The Purpose and Goals of this Class
      • To Create and Empower Home Owners
      • Educate you about the current California Real Estate market and Specialty Financing Options for Education Professionals
      • Empower you with the ability to make educated decisions in the home buying process
      • Introduce you to Broadview Mortgage Corporation as your CalSTRS 80/17 expert
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • Topics We Will Cover In This Class
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • Topics We Will Cover In This Class
      • A Complete Guide to CalSTRS 80/17
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • Topics We Will Cover In This Class
      • A Complete Guide to CalSTRS 80/17
        • 100% option for members of CalPERS
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • Topics We Will Cover In This Class
      • A Complete Guide to CalSTRS 80/17
        • 100% option for members of CalPERS
      • IRS Guidelines for $7,500 Federal Tax Credit just released – The Details
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • Topics We Will Cover In This Class
      • A Complete Guide to CalSTRS 80/17
        • 100% option for members of CalPERS
      • IRS Guidelines for $7,500 Federal Tax Credit just released – The Details
      • Wrap Up and Take Aways
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • Topics We Will Cover In This Class
      • Ask Questions throughout presentation
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • Topics We Will Cover In This Class
      • Ask Questions throughout presentation
        • You may type questions in at any time during the presentation – Questions box on your screen
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • Topics We Will Cover In This Class
      • Ask Questions throughout presentation
        • You may type questions in at any time during the presentation – Questions box on your screen
        • CalSTRS 80/17 specialists are standing by to answer your questions during the presentation
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • Topics We Will Cover In This Class
      • Ask Questions throughout presentation
        • You may type questions in at any time during the presentation – Questions box on your screen
        • CalSTRS 80/17 specialists are standing by to answer your questions during the presentation
        • The only dumb question is the one you don’t ask
    • A Complete Guide to the CalSTRS 80/17 Purchase Loan
      • Topics We Will Cover In This Class
      • Ask Questions throughout presentation
        • You may type questions in at any time during the presentation – Questions box on your screen
        • CalSTRS 80/17 specialists are standing by to answer your questions during the presentation
        • The only dumb question is the one you don’t ask
      • Write number down now in case you get disconnected
        • 1-866-667-6724
    • A Complete Guide to CalSTRS 80/17
    • A Complete Guide to CalSTRS 80/17
      • Who’s Eligible for a CalSTRS 80/17?
    • A Complete Guide to CalSTRS 80/17
      • Who’s Eligible for a CalSTRS 80/17?
        • Any employee of a California public school or community college
    • A Complete Guide to CalSTRS 80/17
      • Who’s Eligible for a CalSTRS 80/17?
        • Any employee of a California public school or community college
          • Can work in any capacity
    • A Complete Guide to CalSTRS 80/17
      • Who’s Eligible for a CalSTRS 80/17?
        • Any employee of a California public school or community college
          • Can work in any capacity
          • Can work in school district
    • A Complete Guide to CalSTRS 80/17
      • Who’s Eligible for a CalSTRS 80/17?
        • Any employee of a California public school or community college
          • Can work in any capacity
          • Can work in school district
          • Pay check stub from public school system
    • A Complete Guide to CalSTRS 80/17
      • Who’s Eligible for a CalSTRS 80/17?
        • Any employee of a California public school or community college
          • Can work in any capacity
          • Can work in school district
          • Pay check stub from public school system
        • If you are eligible for CalSTRS pension benefits
    • A Complete Guide to CalSTRS 80/17
      • Who’s Eligible for a CalSTRS 80/17?
        • Any employee of a California public school or community college
          • Can work in any capacity
          • Can work in school district
          • Pay check stub from public school system
        • If you are eligible for CalSTRS pension benefits
          • Provide certificate of eligibility
    • A Complete Guide to CalSTRS 80/17
      • Who’s Eligible for a CalSTRS 80/17?
        • Any employee of a California public school or community college
          • Can work in any capacity
          • Can work in school district
          • Pay check stub from public school system
        • If you are eligible for CalSTRS pension benefits
          • Provide certificate of eligibility
          • Do not have to be currently employed
    • A Complete Guide to CalSTRS 80/17
      • Who’s Eligible for a CalSTRS 80/17?
        • Any employee of a California public school or community college
          • Can work in any capacity
          • Can work in school district
          • Pay check stub from public school system
        • If you are eligible for CalSTRS pension benefits
          • Provide certificate of eligibility
          • Do not have to be currently employed
        • Any eligible borrower makes family eligible
    • A Complete Guide to CalSTRS 80/17
      • How CalSTRS benefits from the 80/17
    • A Complete Guide to CalSTRS 80/17
      • How CalSTRS benefits from the 80/17
        • CalSTRS pension fund invests in mortgage notes as mortgage backed securities
    • A Complete Guide to CalSTRS 80/17
      • How CalSTRS benefits from the 80/17
        • CalSTRS pension fund invests in mortgage notes as mortgage backed securities
          • CalSTRS is not a lender and does not do loans
    • A Complete Guide to CalSTRS 80/17
      • How CalSTRS benefits from the 80/17
        • CalSTRS pension fund invests in mortgage notes as mortgage backed securities
          • CalSTRS is not a lender and does not do loans
        • Payments go back into CalSTRS pension fund
    • A Complete Guide to CalSTRS 80/17
      • How CalSTRS benefits from the 80/17
        • CalSTRS pension fund invests in mortgage notes as mortgage backed securities
          • CalSTRS is not a lender and does not do loans
        • Payments go back into CalSTRS pension fund
        • Contributes to the growth and stability of your retirement system as a member of CalSTRS
    • A Complete Guide to CalSTRS 80/17
      • How CalSTRS benefits from the 80/17
        • CalSTRS pension fund invests in mortgage notes as mortgage backed securities
          • CalSTRS is not a lender and does not do loans
        • Payments go back into CalSTRS pension fund
        • Contributes to the growth and stability of your retirement system as a member of CalSTRS
        • Broadview Mortgage is an approved Lender on CalSTRS website - See link on site
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • Lower Down Payment than FHA
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • Lower Down Payment than FHA
        • 3.5% Down as of January 1 st , 2009
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • Lower Down Payment than FHA
        • 3.5% Down as of January 1 st , 2009
      • Interest Rates as compared to FHA
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • Lower Down Payment than FHA
        • 3.5% Down as of January 1 st , 2009
      • Interest Rates as compared to FHA
      • No UPFRONT Mortgage Insurance Premium
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • Lower Down Payment than FHA
        • 3.5% Down as of January 1 st , 2009
      • Interest Rates as compared to FHA
      • No UPFRONT Mortgage Insurance Premium
        • FHA increased to 1.75%
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • Lower Down Payment than FHA
        • 3.5% Down as of January 1 st , 2009
      • Interest Rates as compared to FHA
      • No UPFRONT Mortgage Insurance Premium
        • FHA increased to 1.75%
      • No MONTHLY Mortgage Insurance
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • Lower Down Payment than FHA
        • 3.5% Down as of January 1 st , 2009
      • Interest Rates as compared to FHA
      • No UPFRONT Mortgage Insurance Premium
        • FHA increased to 1.75%
      • No MONTHLY Mortgage Insurance
        • FHA increased to .55%
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • Lower Down Payment than FHA
        • 3.5% Down as of January 1 st , 2009
      • Interest Rates as compared to FHA
      • No UPFRONT Mortgage Insurance Premium
        • FHA increased to 1.75%
      • No MONTHLY Mortgage Insurance
        • FHA increased to .55%
      • FHA vs CalSTRS Closing Costs
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • Lower Down Payment than FHA
        • 3.5% Down as of January 1 st , 2009
      • Interest Rates as compared to FHA
      • No UPFRONT Mortgage Insurance Premium
        • FHA increased to 1.75%
      • No MONTHLY Mortgage Insurance
        • FHA increased to .55%
      • FHA vs CalSTRS Closing Costs
        • FHA lower up front / CalSTRS lower total cost
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • Lower Down Payment than FHA
        • 3.5% Down as of January 1 st , 2009
      • Interest Rates as compared to FHA
      • No UPFRONT Mortgage Insurance Premium
        • FHA increased to 1.75%
      • No MONTHLY Mortgage Insurance
        • FHA increased to .55%
      • FHA vs CalSTRS Closing Costs
        • FHA lower up front / CalSTRS lower total cost
      • CalSTRS - No cost to lock or rate
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • FHA is a GREAT program as a Plan B
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • FHA is a GREAT program as a Plan B
        • Low down payment requirements
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • FHA is a GREAT program as a Plan B
        • Low down payment requirements
        • Low up front closing costs
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • FHA is a GREAT program as a Plan B
        • Low down payment requirements
        • Low up front closing costs
        • Aggressive interest rates
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • FHA is a GREAT program as a Plan B
        • Low down payment requirements
        • Low up front closing costs
        • Aggressive interest rates
        • 6% seller concessions from seller
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • FHA is a GREAT program as a Plan B
        • Low down payment requirements
        • Low up front closing costs
        • Aggressive interest rates
        • 6% seller concessions from seller
        • Flexible qualifying guidelines
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • FHA is a GREAT program as a Plan B
        • Low down payment requirements
        • Low up front closing costs
        • Aggressive interest rates
        • 6% seller concessions from seller
        • Flexible qualifying guidelines
        • No penalty for lower credit scores
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • FHA is a GREAT program as a Plan B
        • Low down payment requirements
        • Low up front closing costs
        • Aggressive interest rates
        • 6% seller concessions from seller
        • Flexible qualifying guidelines
        • No penalty for lower credit scores
        • CalPERS members may be eligible for 100% financing using FHA 1 st mortgage
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 Compared to FHA
      • FHA is a GREAT program as a Plan B
        • Low down payment requirements
        • Low up front closing costs
        • Aggressive interest rates
        • 6% seller concessions from seller
        • Flexible qualifying guidelines
        • No penalty for lower credit scores
        • CalPERS members may be eligible for 100% financing using FHA 1 st mortgage
      • If you are eligible and qualify for the CalSTRS 80/17 there is simply no comparison. Period
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Max Loan Amounts
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Max Loan Amounts
      • Conforming Loan Amount
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Max Loan Amounts
      • Conforming Loan Amount
        • Up to $417,000
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Max Loan Amounts
      • Conforming Loan Amount
        • Up to $417,000
          • First mortgage loan amount
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Max Loan Amounts
      • Conforming Loan Amount
        • Up to $417,000
          • First mortgage loan amount
        • $521,250 Max Purchase Price
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Max Loan Amounts
      • Conforming Loan Amount
        • Up to $417,000
          • First mortgage loan amount
        • $521,250 Max Purchase Price
      • Jumbo Loan Amount
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Max Loan Amounts
      • Conforming Loan Amount
        • Up to $417,000
          • First mortgage loan amount
        • $521,250 Max Purchase Price
      • Jumbo Loan Amount
        • Up to $536,082
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Max Loan Amounts
      • Conforming Loan Amount
        • Up to $417,000
          • First mortgage loan amount
        • $521,250 Max Purchase Price
      • Jumbo Loan Amount
        • Up to $536,082
          • First mortgage loan amount
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Max Loan Amounts
      • Conforming Loan Amount
        • Up to $417,000
          • First mortgage loan amount
        • $521,250 Max Purchase Price
      • Jumbo Loan Amount
        • Up to $536,082
          • First mortgage loan amount
          • Max total loan amounts $650,000
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Max Loan Amounts
      • Conforming Loan Amount
        • Up to $417,000
          • First mortgage loan amount
        • $521,250 Max Purchase Price
      • Jumbo Loan Amount
        • Up to $536,082
          • First mortgage loan amount
          • Max total loan amounts $650,000
        • Up to $670,103 Max Purchase Price
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Max Loan Amounts
      • Conforming Loan Amount
        • Up to $417,000
          • First mortgage loan amount
        • $521,250 Max Purchase Price
      • Jumbo Loan Amount
        • Up to $536,082
          • First mortgage loan amount
          • Max total loan amounts $650,000
        • Up to $670,103 Max Purchase Price
      • Jumbo interest rate is typically 1% higher
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Property Qualifications
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Property Qualifications
      • Eligible Properties
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Property Qualifications
      • Eligible Properties
        • Single Family Residence - Detached
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Property Qualifications
      • Eligible Properties
        • Single Family Residence - Detached
        • Condominiums / Townhomes - Attached
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Property Qualifications
      • Eligible Properties
        • Single Family Residence - Detached
        • Condominiums / Townhomes - Attached
        • Planned Urban Development (PUD)
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Property Qualifications
      • Eligible Properties
        • Single Family Residence - Detached
        • Condominiums / Townhomes - Attached
        • Planned Urban Development (PUD)
      • Must be owner Occupied
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Property Qualifications
      • Eligible Properties
        • Single Family Residence - Detached
        • Condominiums / Townhomes - Attached
        • Planned Urban Development (PUD)
      • Must be owner Occupied
      • Must be located in State of California
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Property Qualifications
      • Eligible Properties
        • Single Family Residence - Detached
        • Condominiums / Townhomes - Attached
        • Planned Urban Development (PUD)
      • Must be owner Occupied
      • Must be located in State of California
      • Cannot own any other properties
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Property Qualifications
      • Eligible Properties
        • Single Family Residence - Detached
        • Condominiums / Townhomes - Attached
        • Planned Urban Development (PUD)
      • Must be owner Occupied
      • Must be located in State of California
      • Cannot own any other properties
        • Mobile home not on a permanent foundation and on leased lot/park is not considered real property
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Loan Structure
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Loan Structure
      • Max 1 st Loan Amount - 80%
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Loan Structure
      • Max 1 st Loan Amount - 80%
        • Qualify on 80% Only
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Loan Structure
      • Max 1 st Loan Amount - 80%
        • Qualify on 80% Only
        • Increases your purchasing power
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Loan Structure
      • Max 1 st Loan Amount - 80%
        • Qualify on 80% Only
        • Increases your purchasing power
      • Max 2 nd Loan Amount - 17%
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Loan Structure
      • Max 1 st Loan Amount - 80%
        • Qualify on 80% Only
        • Increases your purchasing power
      • Max 2 nd Loan Amount - 17%
        • No payments for first 5 years
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Loan Structure
      • Max 1 st Loan Amount - 80%
        • Qualify on 80% Only
        • Increases your purchasing power
      • Max 2 nd Loan Amount - 17%
        • No payments for first 5 years
      • 30 Year fixed rate loan only
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Loan Structure
      • Max 1 st Loan Amount - 80%
        • Qualify on 80% Only
        • Increases your purchasing power
      • Max 2 nd Loan Amount - 17%
        • No payments for first 5 years
      • 30 Year fixed rate loan only
      • Same interest rate for both loans
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Loan Structure
      • Max 1 st Loan Amount - 80%
        • Qualify on 80% Only
        • Increases your purchasing power
      • Max 2 nd Loan Amount - 17%
        • No payments for first 5 years
      • 30 Year fixed rate loan only
      • Same interest rate for both loans
      • One time free float down – both loans
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Second Mortgage
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Second Mortgage
      • Second Mortgage Loan
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Second Mortgage
      • Second Mortgage Loan
        • Deferred payments for 5 Years
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Second Mortgage
      • Second Mortgage Loan
        • Deferred payments for 5 Years
        • Simple interest accrues for deferred period
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Second Mortgage
      • Second Mortgage Loan
        • Deferred payments for 5 Years
        • Simple interest accrues for deferred period
        • Accrued interest added to principle balance
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Second Mortgage
      • Second Mortgage Loan
        • Deferred payments for 5 Years
        • Simple interest accrues for deferred period
        • Accrued interest added to principle balance
        • Fully amortized over remaining 300 months
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Second Mortgage
      • Second Mortgage Loan
        • Deferred payments for 5 Years
        • Simple interest accrues for deferred period
        • Accrued interest added to principle balance
        • Fully amortized over remaining 300 months
      • No surprises guarantee - You will know exactly what your payments will be
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Second Mortgage
      • Second Mortgage Loan
        • Deferred payments for 5 Years
        • Simple interest accrues for deferred period
        • Accrued interest added to principle balance
        • Fully amortized over remaining 300 months
      • No surprises guarantee - You will know exactly what your payments will be
        • Although you qualify on first mortgage only, we will always send you a good faith estimate with total payment
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Down Payment
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Down Payment
      • Down payment requirements
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Down Payment
      • Down payment requirements
        • 3% down payment
        • 1% from buyer’s own funds
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Down Payment
      • Down payment requirements
        • 3% down payment
        • 1% from buyer’s own funds
      • Sources of Down Payment and Closing Costs
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Down Payment
      • Down payment requirements
        • 3% down payment
        • 1% from buyer’s own funds
      • Sources of Down Payment and Closing Costs
        • Down Payment - Borrower's own funds
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Down Payment
      • Down payment requirements
        • 3% down payment
        • 1% from buyer’s own funds
      • Sources of Down Payment and Closing Costs
        • Down Payment - Borrower's own funds
        • Down Payment - Gift from relative
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Down Payment
      • Down payment requirements
        • 3% down payment
        • 1% from buyer’s own funds
      • Sources of Down Payment and Closing Costs
        • Down Payment - Borrower's own funds
        • Down Payment - Gift from relative
        • Down Payment – Grant from government agency
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Down Payment
      • Down payment requirements
        • 3% down payment
        • 1% from buyer’s own funds
      • Sources of Down Payment and Closing Costs
        • Down Payment - Borrower's own funds
        • Down Payment - Gift from relative
        • Down Payment – Grant from government agency
        • Closing Costs - Seller contributions up to 3%
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Down Payment
      • Down payment requirements
        • 3% down payment
        • 1% from buyer’s own funds
      • Sources of Down Payment and Closing Costs
        • Down Payment - Borrower's own funds
        • Down Payment - Gift from relative
        • Down Payment – Grant from government agency
        • Closing Costs - Seller contributions up to 3%
        • Closing Costs - Borrower's own funds
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Down Payment
      • Down payment requirements
        • 3% down payment
        • 1% from buyer’s own funds
      • Sources of Down Payment and Closing Costs
        • Down Payment - Borrower's own funds
        • Down Payment - Gift from relative
        • Down Payment – Grant from government agency
        • Closing Costs - Seller contributions up to 3%
        • Closing Costs - Borrower's own funds
        • Closing Costs - Gift from relative
    • A Complete Guide to CalSTRS 80/17
      • Additional Low and No Down Payment Options for CalPERS Members
    • A Complete Guide to CalSTRS 80/17
      • Additional Low and No Down Payment Options for CalPERS Members
        • Use FHA 1 st to 96.5% LTV with personal loan
    • A Complete Guide to CalSTRS 80/17
      • Additional Low and No Down Payment Options for CalPERS Members
        • Use FHA 1 st to 96.5% LTV with personal loan
        • Maximum purchase price $350,000
    • A Complete Guide to CalSTRS 80/17
      • Additional Low and No Down Payment Options for CalPERS Members
        • Use FHA 1 st to 96.5% LTV with personal loan
        • Maximum purchase price $350,000
        • Can borrow up to 5% of value of home
    • A Complete Guide to CalSTRS 80/17
      • Additional Low and No Down Payment Options for CalPERS Members
        • Use FHA 1 st to 96.5% LTV with personal loan
        • Maximum purchase price $350,000
        • Can borrow up to 5% of value of home
        • Up to 50% of Member’s current contribution
    • A Complete Guide to CalSTRS 80/17
      • Additional Low and No Down Payment Options for CalPERS Members
        • Use FHA 1 st to 96.5% LTV with personal loan
        • Maximum purchase price $350,000
        • Can borrow up to 5% of value of home
        • Up to 50% of Member’s current contribution
          • Maximum $18,421
    • A Complete Guide to CalSTRS 80/17
      • Additional Low and No Down Payment Options for CalPERS Members
        • Use FHA 1 st to 96.5% LTV with personal loan
        • Maximum purchase price $350,000
        • Can borrow up to 5% of value of home
        • Up to 50% of Member’s current contribution
          • Maximum $18,421
        • Personal loan secured by PERS
    • A Complete Guide to CalSTRS 80/17
      • Additional Low and No Down Payment Options for CalPERS Members
        • Use FHA 1 st to 96.5% LTV with personal loan
        • Maximum purchase price $350,000
        • Can borrow up to 5% of value of home
        • Up to 50% of Member’s current contribution
          • Maximum $18,421
        • Personal loan secured by PERS
          • Not borrowed from PERS account
    • A Complete Guide to CalSTRS 80/17
      • Additional Low and No Down Payment Options for CalPERS Members
        • Use FHA 1 st to 96.5% LTV with personal loan
        • Maximum purchase price $350,000
        • Can borrow up to 5% of value of home
        • Up to 50% of Member’s current contribution
          • Maximum $18,421
        • Personal loan secured by PERS
          • Not borrowed from PERS account
        • Minimum loan term is 1 year / Max is 15 years
    • A Complete Guide to CalSTRS 80/17
      • Additional Low and No Down Payment Options for CalPERS Members
        • Use FHA 1 st to 96.5% LTV with personal loan
        • Maximum purchase price $350,000
        • Can borrow up to 5% of value of home
        • Up to 50% of Member’s current contribution
          • Maximum $18,421
        • Personal loan secured by PERS
          • Not borrowed from PERS account
        • Minimum loan term is 1 year / Max is 15 years
        • Must be primary residence
    • A Complete Guide to CalSTRS 80/17
      • Additional Low and No Down Payment Options for CalPERS Members
        • Use FHA 1 st to 96.5% LTV with personal loan
        • Maximum purchase price $350,000
        • Can borrow up to 5% of value of home
        • Up to 50% of Member’s current contribution
          • Maximum $18,421
        • Personal loan secured by PERS
          • Not borrowed from PERS account
        • Minimum loan term is 1 year / Max is 15 years
        • Must be primary residence
        • Can be used toward down payment only
    • A Complete Guide to CalSTRS 80/17
      • Additional Low and No Down Payment Options for CalPERS Members
        • Use FHA 1 st to 96.5% LTV with personal loan
        • Maximum purchase price $350,000
        • Can borrow up to 5% of value of home
        • Up to 50% of Member’s current contribution
          • Maximum $18,421
        • Personal loan secured by PERS
          • Not borrowed from PERS account
        • Minimum loan term is 1 year / Max is 15 years
        • Must be primary residence
        • Can be used toward down payment only
        • Attend 100% Financing for CalPERS class
    • A Complete Guide to CalSTRS 80/17
      • Other CalSTRS 80/17 Highlights
    • A Complete Guide to CalSTRS 80/17
      • Other CalSTRS 80/17 Highlights
      • No Income limits
    • A Complete Guide to CalSTRS 80/17
      • Other CalSTRS 80/17 Highlights
      • No Income limits
      • You do not have to be a first time homebuyer
    • A Complete Guide to CalSTRS 80/17
      • Other CalSTRS 80/17 Highlights
      • No Income limits
      • You do not have to be a first time homebuyer
      • You cannot own any other properties
    • A Complete Guide to CalSTRS 80/17
      • Other CalSTRS 80/17 Highlights
      • No Income limits
      • You do not have to be a first time homebuyer
      • You cannot own any other properties
      • Minimum FICO Scores
    • A Complete Guide to CalSTRS 80/17
      • Other CalSTRS 80/17 Highlights
      • No Income limits
      • You do not have to be a first time homebuyer
      • You cannot own any other properties
      • Minimum FICO Scores
        • 620 for Loan Amounts up to $400,000
    • A Complete Guide to CalSTRS 80/17
      • Other CalSTRS 80/17 Highlights
      • No Income limits
      • You do not have to be a first time homebuyer
      • You cannot own any other properties
      • Minimum FICO Scores
        • 620 for Loan Amounts up to $400,000
        • 680 for Loan Amounts up to $650,000
    • A Complete Guide to CalSTRS 80/17
      • Other CalSTRS 80/17 Highlights
      • No Income limits
      • You do not have to be a first time homebuyer
      • You cannot own any other properties
      • Minimum FICO Scores
        • 620 for Loan Amounts up to $400,000
        • 680 for Loan Amounts up to $650,000
          • Combined 1 st & 2 nd Loans
    • A Complete Guide to CalSTRS 80/17
      • Other CalSTRS 80/17 Highlights
      • No Income limits
      • You do not have to be a first time homebuyer
      • You cannot own any other properties
      • Minimum FICO Scores
        • 620 for Loan Amounts up to $400,000
        • 680 for Loan Amounts up to $650,000
          • Combined 1 st & 2 nd Loans
      • Interest Rate lock requires Property Address
    • A Complete Guide to CalSTRS 80/17
      • Other CalSTRS 80/17 Highlights
      • No Income limits
      • You do not have to be a first time homebuyer
      • You cannot own any other properties
      • Minimum FICO Scores
        • 620 for Loan Amounts up to $400,000
        • 680 for Loan Amounts up to $650,000
          • Combined 1 st & 2 nd Loans
      • Interest Rate lock requires Property Address
        • Typically rate is locked when offer is accepted
    • A Complete Guide to CalSTRS 80/17
      • Other CalSTRS 80/17 Highlights
      • No Income limits
      • You do not have to be a first time homebuyer
      • You cannot own any other properties
      • Minimum FICO Scores
        • 620 for Loan Amounts up to $400,000
        • 680 for Loan Amounts up to $650,000
          • Combined 1 st & 2 nd Loans
      • Interest Rate lock requires Property Address
        • Typically rate is locked when offer is accepted
      • If offer falls out – Rate lock is lost as well
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 - What Makes it Different
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 - What Makes it Different
      • Cannot buy interest rate down
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 - What Makes it Different
      • Cannot buy interest rate down
        • Below market / Set by CalSTRS
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 - What Makes it Different
      • Cannot buy interest rate down
        • Below market / Set by CalSTRS
      • Cannot “roll in” closing costs into rate
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 - What Makes it Different
      • Cannot buy interest rate down
        • Below market / Set by CalSTRS
      • Cannot “roll in” closing costs into rate
      • Fannie Mae – Pricing Adjustments
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 - What Makes it Different
      • Cannot buy interest rate down
        • Below market / Set by CalSTRS
      • Cannot “roll in” closing costs into rate
      • Fannie Mae – Pricing Adjustments
        • Declining Market - .25%
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 - What Makes it Different
      • Cannot buy interest rate down
        • Below market / Set by CalSTRS
      • Cannot “roll in” closing costs into rate
      • Fannie Mae – Pricing Adjustments
        • Declining Market - .25%
        • High LTV Flex 97 - .5%
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 - What Makes it Different
      • Cannot buy interest rate down
        • Below market / Set by CalSTRS
      • Cannot “roll in” closing costs into rate
      • Fannie Mae – Pricing Adjustments
        • Declining Market - .25%
        • High LTV Flex 97 - .5%
        • Risk based credit score pricing
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 - What Makes it Different
      • Cannot buy interest rate down
        • Below market / Set by CalSTRS
      • Cannot “roll in” closing costs into rate
      • Fannie Mae – Pricing Adjustments
        • Declining Market - .25%
        • High LTV Flex 97 - .5%
        • Risk based credit score pricing
          • None at 740 FICO
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 - What Makes it Different
      • Cannot buy interest rate down
        • Below market / Set by CalSTRS
      • Cannot “roll in” closing costs into rate
      • Fannie Mae – Pricing Adjustments
        • Declining Market - .25%
        • High LTV Flex 97 - .5%
        • Risk based credit score pricing
          • None at 740 FICO
      • Much lower cost than FHA but may require more money brought to the closing table
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Review
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Review
        • Only 3% down payment required
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Review
        • Only 3% down payment required
        • No upfront mortgage insurance premium
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Review
        • Only 3% down payment required
        • No upfront mortgage insurance premium
        • No monthly mortgage insurance premium
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Review
        • Only 3% down payment required
        • No upfront mortgage insurance premium
        • No monthly mortgage insurance premium
        • Qualify for 80% first mortgage only
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Review
        • Only 3% down payment required
        • No upfront mortgage insurance premium
        • No monthly mortgage insurance premium
        • Qualify for 80% first mortgage only
        • 17% second mortgage deferred for 5 years
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Review
        • Only 3% down payment required
        • No upfront mortgage insurance premium
        • No monthly mortgage insurance premium
        • Qualify for 80% first mortgage only
        • 17% second mortgage deferred for 5 years
        • No income or first time home buyer limits
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Review
        • Only 3% down payment required
        • No upfront mortgage insurance premium
        • No monthly mortgage insurance premium
        • Qualify for 80% first mortgage only
        • 17% second mortgage deferred for 5 years
        • No income or first time home buyer limits
        • Up to 3% seller concessions for closing costs
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Review
        • Only 3% down payment required
        • No upfront mortgage insurance premium
        • No monthly mortgage insurance premium
        • Qualify for 80% first mortgage only
        • 17% second mortgage deferred for 5 years
        • No income or first time home buyer limits
        • Up to 3% seller concessions for closing costs
        • Rates set by CalSTRS
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Review
        • Only 3% down payment required
        • No upfront mortgage insurance premium
        • No monthly mortgage insurance premium
        • Qualify for 80% first mortgage only
        • 17% second mortgage deferred for 5 years
        • No income or first time home buyer limits
        • Up to 3% seller concessions for closing costs
        • Rates set by CalSTRS
        • One time Free float down
    • A Complete Guide to CalSTRS 80/17
      • CalSTRS 80/17 – Review
        • Only 3% down payment required
        • No upfront mortgage insurance premium
        • No monthly mortgage insurance premium
        • Qualify for 80% first mortgage only
        • 17% second mortgage deferred for 5 years
        • No income or first time home buyer limits
        • Up to 3% seller concessions for closing costs
        • Rates set by CalSTRS
        • One time Free float down
        • Interest rate can be locked once offer accepted
    • A Complete Guide to CalSTRS 80/17
      • Bait and Switch “Red Flags”
    • A Complete Guide to CalSTRS 80/17
      • Bait and Switch “Red Flags”
        • Community programs designed to benefit specific members of the education community
    • A Complete Guide to CalSTRS 80/17
      • Bait and Switch “Red Flags”
        • Community programs designed to benefit specific members of the education community
        • CalSTRS loans have fixed rates and fees
    • A Complete Guide to CalSTRS 80/17
      • Bait and Switch “Red Flags”
        • Community programs designed to benefit specific members of the education community
        • CalSTRS loans have fixed rates and fees
          • Buyer Benefit - Lenders can’t charge more
    • A Complete Guide to CalSTRS 80/17
      • Bait and Switch “Red Flags”
        • Community programs designed to benefit specific members of the education community
        • CalSTRS loans have fixed rates and fees
          • Buyer Benefit - Lenders can’t charge more
        • What to watch out for……
    • A Complete Guide to CalSTRS 80/17
      • Bait and Switch “Red Flags”
        • Community programs designed to benefit specific members of the education community
        • CalSTRS loans have fixed rates and fees
          • Buyer Benefit - Lenders can’t charge more
        • What to watch out for……
          • Agent recommends lender but not program
    • A Complete Guide to CalSTRS 80/17
      • Bait and Switch “Red Flags”
        • Community programs designed to benefit specific members of the education community
        • CalSTRS loans have fixed rates and fees
          • Buyer Benefit - Lenders can’t charge more
        • What to watch out for……
          • Agent recommends lender but not program
          • Lender isn’t CalSTRS 80/17 Expert
    • A Complete Guide to CalSTRS 80/17
      • Bait and Switch “Red Flags”
        • Community programs designed to benefit specific members of the education community
        • CalSTRS loans have fixed rates and fees
          • Buyer Benefit - Lenders can’t charge more
        • What to watch out for……
          • Agent recommends lender but not program
          • Lender isn’t CalSTRS 80/17 Expert
          • FHA is presented as an option/solution
    • A Complete Guide to CalSTRS 80/17
      • Bait and Switch “Red Flags”
        • Community programs designed to benefit specific members of the education community
        • CalSTRS loans have fixed rates and fees
          • Buyer Benefit - Lenders can’t charge more
        • What to watch out for……
          • Agent recommends lender but not program
          • Lender isn’t CalSTRS 80/17 Expert
          • FHA is presented as an option/solution
            • Underwriting guidelines changed
    • A Complete Guide to CalSTRS 80/17
      • Bait and Switch “Red Flags”
        • Community programs designed to benefit specific members of the education community
        • CalSTRS loans have fixed rates and fees
          • Buyer Benefit - Lenders can’t charge more
        • What to watch out for……
          • Agent recommends lender but not program
          • Lender isn’t CalSTRS 80/17 Expert
          • FHA is presented as an option/solution
            • Underwriting guidelines changed
            • Approval can not be changed if locked
    • A Complete Guide to CalSTRS 80/17
      • Bait and Switch “Red Flags”
        • Community programs designed to benefit specific members of the education community
        • CalSTRS loans have fixed rates and fees
          • Buyer Benefit - Lenders can’t charge more
        • What to watch out for……
          • Agent recommends lender but not program
          • Lender isn’t CalSTRS 80/17 Expert
          • FHA is presented as an option/solution
            • Underwriting guidelines changed
            • Approval can not be changed if locked
      • CalSTRS loans can close in weeks – Call us!
    • A Complete Guide to CalSTRS 80/17
      • Bait and Switch “Red Flags”
        • Community programs designed to benefit specific members of the education community
        • CalSTRS loans have fixed rates and fees
          • Buyer Benefit - Lenders can’t charge more
        • What to watch out for……
          • Agent recommends lender but not program
          • Lender isn’t CalSTRS 80/17 Expert
          • FHA is presented as an option/solution
            • Underwriting guidelines changed
            • Approval can not be changed if locked
      • CalSTRS loans can close in weeks – Call us!
        • Escrow can often be delayed without penalty
    • $7,500 Federal Tax Credit
    • $7,500 Federal Tax Credit
      • No-interest loan paid back over 15 years
    • $7,500 Federal Tax Credit
      • No-interest loan paid back over 15 years
        • Begin paying back 2 years after claim
    • $7,500 Federal Tax Credit
      • No-interest loan paid back over 15 years
        • Begin paying back 2 years after claim
      • Must purchase on or before July 1 st , 2009
    • $7,500 Federal Tax Credit
      • No-interest loan paid back over 15 years
        • Begin paying back 2 years after claim
      • Must purchase on or before July 1 st , 2009
        • Between April 8th, 2008 and July 1 st , 2009
    • $7,500 Federal Tax Credit
      • No-interest loan paid back over 15 years
        • Begin paying back 2 years after claim
      • Must purchase on or before July 1 st , 2009
        • Between April 8th, 2008 and July 1 st , 2009
      • Must be first time home buyer
    • $7,500 Federal Tax Credit
      • No-interest loan paid back over 15 years
        • Begin paying back 2 years after claim
      • Must purchase on or before July 1 st , 2009
        • Between April 8th, 2008 and July 1 st , 2009
      • Must be first time home buyer
        • Can not have owned in past 3 years
    • $7,500 Federal Tax Credit
      • No-interest loan paid back over 15 years
        • Begin paying back 2 years after claim
      • Must purchase on or before July 1 st , 2009
        • Between April 8th, 2008 and July 1 st , 2009
      • Must be first time home buyer
        • Can not have owned in past 3 years
      • 10% of purchase price up $7,500
    • $7,500 Federal Tax Credit
      • No-interest loan paid back over 15 years
        • Begin paying back 2 years after claim
      • Must purchase on or before July 1 st , 2009
        • Between April 8th, 2008 and July 1 st , 2009
      • Must be first time home buyer
        • Can not have owned in past 3 years
      • 10% of purchase price up $7,500
      • $7,500 - Married filing joint or Single taxpayer
    • $7,500 Federal Tax Credit
      • No-interest loan paid back over 15 years
        • Begin paying back 2 years after claim
      • Must purchase on or before July 1 st , 2009
        • Between April 8th, 2008 and July 1 st , 2009
      • Must be first time home buyer
        • Can not have owned in past 3 years
      • 10% of purchase price up $7,500
      • $7,500 - Married filing joint or Single taxpayer
      • Married filing separate $3,750
    • $7,500 Federal Tax Credit
      • Home bought in 2008 can be claimed on 2008 returns
    • $7,500 Federal Tax Credit
      • Home bought in 2008 can be claimed on 2008 returns
      • Home bought in 2009 can be claimed on 2008 (or amended 2008) return
    • $7,500 Federal Tax Credit
      • Home bought in 2008 can be claimed on 2008 returns
      • Home bought in 2009 can be claimed on 2008 (or amended 2008) return
      • Income limit is $150,000 for married couple
    • $7,500 Federal Tax Credit
      • Home bought in 2008 can be claimed on 2008 returns
      • Home bought in 2009 can be claimed on 2008 (or amended 2008) return
      • Income limit is $150,000 for married couple
        • Phase out maximum is $170,000
    • $7,500 Federal Tax Credit
      • Home bought in 2008 can be claimed on 2008 returns
      • Home bought in 2009 can be claimed on 2008 (or amended 2008) return
      • Income limit is $150,000 for married couple
        • Phase out maximum is $170,000
      • Income limit is $75,000 for single taxpayer
    • $7,500 Federal Tax Credit
      • Home bought in 2008 can be claimed on 2008 returns
      • Home bought in 2009 can be claimed on 2008 (or amended 2008) return
      • Income limit is $150,000 for married couple
        • Phase out maximum is $170,000
      • Income limit is $75,000 for single taxpayer
        • Phase out maximum is $95,000
    • $7,500 Federal Tax Credit
      • Home bought in 2008 can be claimed on 2008 returns
      • Home bought in 2009 can be claimed on 2008 (or amended 2008) return
      • Income limit is $150,000 for married couple
        • Phase out maximum is $170,000
      • Income limit is $75,000 for single taxpayer
        • Phase out maximum is $95,000
      • Loan is paid back in 15 equal installments
    • $7,500 Federal Tax Credit
      • Home bought in 2008 can be claimed on 2008 returns
      • Home bought in 2009 can be claimed on 2008 (or amended 2008) return
      • Income limit is $150,000 for married couple
        • Phase out maximum is $170,000
      • Income limit is $75,000 for single taxpayer
        • Phase out maximum is $95,000
      • Loan is paid back in 15 equal installments
        • Deducted from refund on future returns
    • $7,500 Federal Tax Credit
      • Home bought in 2008 can be claimed on 2008 returns
      • Home bought in 2009 can be claimed on 2008 (or amended 2008) return
      • Income limit is $150,000 for married couple
        • Phase out maximum is $170,000
      • Income limit is $75,000 for single taxpayer
        • Phase out maximum is $95,000
      • Loan is paid back in 15 equal installments
        • Deducted from refund on future returns
        • Added to tax liability on future returns
    • $7,500 Federal Tax Credit
      • You would be ineligible for Tax Credit if:
    • $7,500 Federal Tax Credit
      • You would be ineligible for Tax Credit if:
        • Your income exceed the phase-out range
    • $7,500 Federal Tax Credit
      • You would be ineligible for Tax Credit if:
        • Your income exceed the phase-out range
        • You buy your home from a close relative. This includes your spouse, parent, grandparent, child or grandchild
    • $7,500 Federal Tax Credit
      • You would be ineligible for Tax Credit if:
        • Your income exceed the phase-out range
        • You buy your home from a close relative. This includes your spouse, parent, grandparent, child or grandchild
        • You stop using your home as your main home
    • $7,500 Federal Tax Credit
      • You would be ineligible for Tax Credit if:
        • Your income exceed the phase-out range
        • You buy your home from a close relative. This includes your spouse, parent, grandparent, child or grandchild
        • You stop using your home as your main home
        • You sell your home before the end of the year
    • $7,500 Federal Tax Credit
      • You would be ineligible for Tax Credit if:
        • Your income exceed the phase-out range
        • You buy your home from a close relative. This includes your spouse, parent, grandparent, child or grandchild
        • You stop using your home as your main home
        • You sell your home before the end of the year
        • You are a nonresident alien
    • $7,500 Federal Tax Credit
      • You would be ineligible for Tax Credit if:
        • Your income exceed the phase-out range
        • You buy your home from a close relative. This includes your spouse, parent, grandparent, child or grandchild
        • You stop using your home as your main home
        • You sell your home before the end of the year
        • You are a nonresident alien
        • Your home financing comes from tax-exempt mortgage revenue bonds - CalHFA
    • $7,500 Federal Tax Credit
      • You would be ineligible for Tax Credit if:
        • Your income exceed the phase-out range
        • You buy your home from a close relative. This includes your spouse, parent, grandparent, child or grandchild
        • You stop using your home as your main home
        • You sell your home before the end of the year
        • You are a nonresident alien
        • Your home financing comes from tax-exempt mortgage revenue bonds - CalHFA
        • You owned another main at any time during the three years prior to the date of purchase
    • A Complete Guide to CalSTRS 80/17
      • Wrap up and Take Aways
    • A Complete Guide to CalSTRS 80/17
      • Wrap up and Take Aways
        • We are a direct Lender that specializes in CalSTRS, CalPERS, CalHFA, VA, Conventional and Jumbo Loans
    • A Complete Guide to CalSTRS 80/17
      • Wrap up and Take Aways
        • We are a direct Lender that specializes in CalSTRS, CalPERS, CalHFA, VA, Conventional and Jumbo Loans
        • We are a direct Lender that specializes in FHA Refinance, Streamline and Purchase loans.
    • A Complete Guide to CalSTRS 80/17
      • Wrap up and Take Aways
        • We are a direct Lender that specializes in CalSTRS, CalPERS, CalHFA, VA, Conventional and Jumbo Loans
        • We are a direct Lender that specializes in FHA Refinance, Streamline and Purchase loans.
        • We are more than happy to be your “second opinion” if you are already working with someone
    • A Complete Guide to CalSTRS 80/17
      • Wrap up and Take Aways
        • We are a direct Lender that specializes in CalSTRS, CalPERS, CalHFA, VA, Conventional and Jumbo Loans
        • We are a direct Lender that specializes in FHA Refinance, Streamline and Purchase loans.
        • We are more than happy to be your “second opinion” if you are already working with someone
        • We are committed to educating and empowering homeowners - Join us for future classes
    • A Complete Guide to CalSTRS 80/17
      • Wrap up and Take Aways
        • You will receive a “Thank you” email with links to the information we’ve talked about here today
          • Copy of power point presentation
          • Secure on-line loan application
          • Links to tools and resources we talk about in all of our classes
          • Link to CalSTRS website to follow rates
          • Dream Home Finder request
          • A schedule of all upcoming classes
    • Upcoming Home Buyer Classes
    • Upcoming Home Buyer Classes
      • A Complete Guide to Buying Foreclosures and Short Sales
    • Upcoming Home Buyer Classes
      • A Complete Guide to Buying Foreclosures and Short Sales
      • A Complete Guide to Closing Costs and the Good Faith Estimate
    • Upcoming Home Buyer Classes
      • A Complete Guide to Buying Foreclosures and Short Sales
      • A Complete Guide to Closing Costs and the Good Faith Estimate
      • A Complete Guide to the CalSTRS 80/17 Home Purchase Program
    • Upcoming Home Buyer Classes
      • A Complete Guide to Buying Foreclosures and Short Sales
      • A Complete Guide to Closing Costs and the Good Faith Estimate
      • A Complete Guide to the CalSTRS 80/17 Home Purchase Program
      • A First Time Home buyer’s Complete Guide to Credit and Qualifying
    • Upcoming Home Buyer Classes
      • A Complete Guide to Buying Foreclosures and Short Sales
      • A Complete Guide to Closing Costs and the Good Faith Estimate
      • A Complete Guide to the CalSTRS 80/17 Home Purchase Program
      • A First Time Home buyer’s Complete Guide to Credit and Qualifying
      • A Complete Guide to the CalPERS Home Loan Program – No down option
    • Upcoming Home Buyer Classes
      • A Complete Guide to Buying Foreclosures and Short Sales
      • A Complete Guide to Closing Costs and the Good Faith Estimate
      • A Complete Guide to the CalSTRS 80/17 Home Purchase Program
      • A First Time Home buyer’s Complete Guide to Credit and Qualifying
      • A Complete Guide to the CalPERS Home Loan Program – No down option
      • A First Time Home Buyer’s Complete Guide to Hiring a Real Estate Agent and Finding the Best Deals
    • Upcoming Home Buyer Classes
      • A Complete Guide to Buying Foreclosures and Short Sales
      • A Complete Guide to Closing Costs and the Good Faith Estimate
      • A Complete Guide to the CalSTRS 80/17 Home Purchase Program
      • A First Time Home buyer’s Complete Guide to Credit and Qualifying
      • A Complete Guide to the CalPERS Home Loan Program – No down option
      • A First Time Home Buyer’s Complete Guide to Hiring a Real Estate Agent and Finding the Best Deals
      • Check back often for upcoming classes
    • Thank you for Attending You input is Valuable Please complete 2 question survey when you log off Presented By: Broadview Mortgage Corp. Presenter: Scott Schang Contact Information: Phone: 866-667-6724 [email_address]