How To Buy A House In California with Minimum Down
Karan Shares Karan Shares
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 Published On Dec 12, 2022

#homeloan #downpayment #mortgage
How To Buy A House In California with Minimum Down? Conforming Loan Limits have increased in each county!

In this video Karan tells you what the new loan limits are in your county and how you can qualify for a home with very little down payment. Most counties have increased their conforming loan limit to $726, 200, with high cost counties increasing theirs to $1,089,300, making it a wonderful situation for First Time Buyers. This means that more mortgage loans will now fall under the conforming loan bracket instead of a jumbo loan, increasing your chances of buying your dream home with as low as 3% down! Watch this video to see real time scenarios on screen to find out how this can be applicable to your buying situation.

⏰ Timecodes ⏰
00:00 Introduction
00:51 Conforming Loan Limit
02:14 Loan Limits For Different Counties
03:27 Scenario 1: Hayward, CA (Alameda County)
04:32 Scenario 2: Tracy, CA (San Joaquin County)

Check out The New Conforming Limits for your County Here:
https://www.fhfa.gov/Media/PublicAffa...

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QUESTIONS — Have a question about Real Estate Investing, Buying/Selling, Mortgages or Anything Else? Post in the comments section of this video!

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