Finance Information

You can own this home through Bank of America with no money down, 100% financing, a low 5%-6.5% range interest rate and no minimum credit score. Here are some recommended finance options to buy this home.

100% Financing Programs to Consider

1. Bank of America — BofA's brochure explains the special financing for homes like this. To learn more about Bank of America's program contact: BofA loan officer Sabrina Schmitt, 1661 East St. #100, Redding, CA. 96001, (530) 242-6354 Office, (530) 276-1532 Cell or send an email request to [email protected]
   
2. RHS Direct Loan Programs (www.rurdev.usda.gov/rhs/sfh/sfh_direct_loan_income_limits.htm) — If you qualify, this property is eligible for a 100% Rural Housing Service loan.
   
3. California Housing Finance Agency (www.calhfa.ca.gov) — Financing programs include 35- and 40-year mortgage loans to qualified buyers. To learn more about this program contact:

   Lynda Eaton, Branch Manager of National City Mortgage (NCMC) in Redding, CA. This lender was recommended to me by the Redding Housing Division. Free pre-qualifying services are provided and she can assist you in selecting the right financing program for your situation. Pre-approval would be even better.

   Visit her website at: National City Mortgage (www.nationalcitymortgage.com) or contact her at 2070 Churn Creek Road Suite B, Redding CA 96002
   
   Phone:       (530) 226-6080
   Fax:           (530) 226-6090
   Toll Free:   (877) 226-6080
   Email: [email protected]

First Time Buyers

If you are new to the home buying process and would like to learn more about it, visit the following websites.

• Home Loan Learning Center (www.homeloanlearningcenter.com) — A free consumer service provided by the Mortgage Bankers Association to educate home buyers about the mortgage lending process.


• Home Team (www.hometeam.com) — An online portal for first time buyers provided by HomeTeam, Seattle, creator of the nationally syndicated "Cause" television program.

Comparable Home Sales

To check the comparable sales of homes in the area, visit http://www.ziprealty.com or http://www.zillow.com.

Click here to see a snapshot of home prices as of April 2007.

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