Loan Programs

Conventional Loans -

  • Conforming Loan Limit $417,000
  • Permanent High Balance Conforming Limit $625,500
  • Temporary High Balance Conforming Limit $729,750 (in effect through Sept 30, 2011)

Jumbo Loans - Loan amounts up to $2,000,000

HELOC (Home Equity Line of Credit) - 1st or 2nd lien HELOCs up to 80% LTV

FNMA HomePath Financing - Minimum 3% down payment and no appraisal required on eligible FNMA owned REO properties.  Search for FNMA HomePath properties here.

HARP (Home Affordable Refinance Program) - Underwater or close to underwater? You may qualify to refinance your mortgage up to 125% of the current value of your home.  Check to see if your loan is a Fannie Mae or Freddie Mac loan.  Both Fannie Mae and Freddie Mac HARP programs are extended to June 30, 2012.

Government Loans

  • FHA - Minimum 3.5% down payment
  • VA - 0% down payment for qualified Veterans
  • Reverse Mortgage - 62 years and older borrowers

Mortgage Calculator:
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Pia Elvina
Loan Officer
DRE #01357568 / NMLS #237139
Phone:  (510) 325-1865 Fax:  (510) 372-2727  Email:
 
Pia@PiaElvina.com

Associated Mortgage Group - NMLS #297860
39180 Liberty Street,  Suite 101,  Fremont, CA 94538



 
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