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Since 1934, The Federal Housing Administration (FHA) has been providing homeowners with insurance on home loans. A FHA reverse mortgage is a type of loan designed for homeowners who are 62 and older. This type of a loan is also known as a Home Equity Conversion Mortgage (HECM).

The cost of living is an issue for many elderly citizens in California today. Many seniors are living on fixed incomes, which can be hard to manage with the rising costs of living. As costs continue to climb, many people choose to take out a reverse mortgage to help cover their bills.

Michael is justifiably proud of the wide array of loan products his company offers. “In addition to Conventional, FHA, VA, USDA, and Jumbo loans,” he says, “we also cater to Commercial clients as well as self-employed individuals and by using our unique Bank Statement and Profit and Loss Program we eliminate the need to provide tax returns. 

Many millennials are reaching out to us at Key City Lending questioning whether buying a home is the right decision for them.

A reverse mortgage is secured over a residential property where the homeowner relinquishes the home equity in exchange for payments that need to be made daily.

The requirements for being approved for a home loan are generally the same across programs, with a few exceptions, and they rely on proving you're in good enough financial shape to take on the cost of a mortgage. You can start to get a general idea of whether you'd qualify or not by using online pre-approval applications

Un Prestamo Hipotecario para la Administración de Veteranos es un beneficio militar muy útil. Los préstamos de VA (Administración de Veteranos) está garantizado por el Departamento de Asuntos de Veteranos de los EE.

A Veterans Administration Home Loan is a very useful military benefit.  The VA Loan is guaranteed by the U.S. Department of Veteran Affairs and was created specifically for veterans, active duty, guards, reserve members and military spouses to become homeowners with more ease than with the conventional loan requirements.

La respuesta es SI! El Numero De Identificacion Fiscal se emiten a los inmigrantes residentes y no residentes para proposito de reporter impuestos. Para las personas que no son elegibles para el numero de Seguro Social, solicitar por un numero ITIN  es un buen caso para un inmigrante sin residencia contibuir a nuestras comunidades y economia

The answer is yes! Individual Tax Identification Numbers are issued to both resident and nonresident immigrants for tax reporting purposes.  We at Key City Lending specialize in ITIN Loans and our goal is to bring our expertise and knowledge to help everyone eligible to become a homeowner.