203(h) – the FHA Disaster Relief Mortgage

FHA Disaster Relief Mortgage (203h) Hurricanes, more hurricanes, and wildfires.  Unfortunately, 2017 has given us a few events that have led to Presidentially declared disaster areas.  All of these events have unfortunately resulted in loss of life, and loss of property.  In events designated as federal disaster areas, HUD has a little-known program to help […]

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Mortgage Lender in Southern CA

Mason Mac Supports Veterans in LA County

This past weekend, Wendy Walker, branch manager of Mason Mac’s Newport Beach/Balboa Island branch and her team represented Mason Mac at the Los Angeles VAREP Veterans Housing summit.  VAREP is the Veterans Association of Real Estate Professionals, a HUD-approved non-profit dedicated to increasing sustainable home ownership, financial literacy, VA loan awareness, and economic opportunity for the […]

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How Much Money Do I Need to Buy a Home

If you’re thinking about buying a home, one of the first questions you may have is how much money you’ll need.  While the answer is almost always “it depends”, one thing is for sure – most people are surprised to find out it takes less money than they think to buy a new home.  In […]

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Buying a Home in a Hurricane

When Disaster Strikes, Know Your Options   Unfortunately, Hurricane Harvey has given us a reason to bring up a tough topic.  Disasters are a sad reality of life, and the potential for them is everywhere, whether it be the result of a hurricane, earthquake, tornado, flood, volcano, or something man made.  When disaster strikes, one […]

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Can I Get a Mortgage With Less Than 20 Percent Down?

What Mortgage Options Are Available With Less Than 20% Down? One of the biggest mortgage mysteries is how much money is needed as a down payment when purchasing a new home.  This question is often misunderstood, but also involves a lot of misconceptions.  One rumor that won’t seem to die is that to buy a […]

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