This is a ballpark guide on what it would take financially to purchase a median-priced home in the San Fernando Valley. Interest rates are still at historic lows, pricing has been appreciating at a substantial pace over the past 5 months.
The 80% Loan to Value (LTV) is only a guide. There are numerous loan programs that allows a much lower down payment.
If you are in the Los Angeles area, have any questions or real estate sales or financing needs, feel free in contacting me
Ron Henderson GRI, RECS, CIAS
President/Broker
Multi Real Estate Services, Inc.
Gov’t Affairs Chair – California Association of Mortgage Professionals (2017-2018)
Chairman – OutWest Marketing Meeting (Real Estate Education)
BRE #00905793 NMLS #310358
www.mres.com
ronh@mres.com
Specialist in the Art of Real Estate Sales and Finance
Real Estate market, mortgage rates, Los Angeles, San Fernando Valley, Conejo Valley, Simi Valley, Woodland Hills, West Hills, Calabasas, Chatsworth
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