The CalHome Program Provides grants to local public agencies and nonprofit corporations for first-time homebuyer and housing rehabilitation assistance, homebuyer counseling and technical assistance activities to enable low- and very low-income households to become or remain homeowners.
The CalHome Program Provides grants to local public agencies and nonprofit corporations for first-time homebuyer and housing rehabilitation assistance, homebuyer counseling and technical assistance activities to enable low- and very low-income households to become or remain homeowners.
Repayment Mortgage The most common mortgage type, repayment mortgages are the base for the vast majority of other mortgages on the market, regardless of their fancy marketing names and terms.
A blanket mortgage is a type of mortgage that covers multiple properties or lots as collateral. In the case of a subdivision, a developer can obtain a blanket mortgage to finance the entire project.
The type of mortgage that covers more than one parcel or lot and is often used for financing subdivision developments is called a Blanket Mortgage. This type of mortgage allows the borrower to mortgage multiple sites as opposed to a traditional mortgage that applies to only a single piece of property.