We had a wonderful woman come speak at one of our club meetings from Bank of America named Kathleen Hayes. She specializes in affordable housing financing options. CalHFA (a mortgage revenue bond) and a couple of B of A specialty programs are the only programs on the market now that are still 100% financing in declining markets.
For more information on CalHFA visit CalHFA.com
Now that the House has passed a "temporary" raise in the limits for loans that qualify for Fannie Mae and Freddie Mac it will be interesting to see what happens. (And for all those who don't speak "government" - the english word for temporary is forever.)
If you are interested in learning more about the loan programs that Kathleen Hayes knows about it please feel free to contact her.
Kathleen Hayes
Bank of America
Mortgage Expert
Office: 818.874.4035
kathleen.m.hayes@bankofamerica.com
http://mortgage.bankofamerica.com/kathleenmhayes
Equal Housing LenderEqual Housing Lender
The CalHFA programs may be reviewed online at
