MGB Financial Services, Inc
18300 Gridley Road, Suite I
Artesia, CA 90701
Phone No: 562-809-2643 / Fax No: 562-809-0644
Email: MGBLoan@yahoo.com
BRE# 00984310
NMLS# 257-608 / 280-127
MGB Financial Services, Inc
18300 Gridley Road, Suite I
Artesia, CA 90701
Phone No: 562-809-2643 / Fax No: 562-809-0644
Email: MGBLoan@yahoo.com
BRE# 00984310
NMLS# 257-608 / 280-127
Government loan programs--that only require HALF PERCENT down payment!
Who is eligible for this program?
First-time home buyers purchasing any kind of home
What is the definition of a first-time home buyer?
The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase.
Seller can pay all closing costs- allowed by FHA.
CA properties only
Low FICO scores , even NO FICO score permitted for qualified buyers
The program basically involves TWO loans. The first loan is 96% and second loan is for 3%.
For example if someone is buying a $200,000 house……….. $1000 dollars for down payment?
Must meet program other guidelines.
and fax it back to ushereFor Pre-qualification, please fill out the form
or to receive the form, please fill out your information.