NEW! Higher loan limits up to $781,875 for first time homebuyer program

Dennis and Joann McEntire

Joann and Dennis love their HEART home

HEART and Meriwest Mortgage can help you buy your first home in San Mateo County up to $781,875 with only 5% down and no PMI.

If you are an employee or resident in San Mateo County with good credit and income up to $150,000 you may qualify for this program.

See the new program here

Check out the new Meriwest website here

Download the ppt presentation from September 2016 workshops

 

 

, , , , , ,

4 Responses to NEW! Higher loan limits up to $781,875 for first time homebuyer program

  1. Jackie Guerpo December 3, 2015 at 10:31 am #

    Hi,

    Can you please tell me when is the next workshop for the first time home buyers program?

    • admin December 10, 2015 at 4:16 pm #

      We don’t have a workshop scheduled, but you can view the video that we have posted on the website. Once a new workshop is scheduled, we will be announcing it on the website, as well is in our e-news, so stay tuned!

  2. Shen June 21, 2017 at 7:17 pm #

    Hi,
    Since most SFH are over 1.2m in the county, how are folks utilizing this assistsnce while adhering to the max purchase limit?

    • admin July 27, 2017 at 4:04 pm #

      This program is good for people who only have 5% down and don’t have to pay PMI (it is like a 20% down program) and don’t make million dollar salaries. You need a good Realtor who can help you find affordable neighborhoods, or look at condos. Depending on your income and debt you may not be able to borrow the maximum amount. Then you will need to work with your Realtor to see if there are any properties in your price range in the County (excluding Daly City).

      We have helped a lot of families buy condos in South San Francisco, San Bruno and Pacifica recently. It can be done.

Leave a Reply