San Francisco | Company Helps Families With Home Ownership |Mortgage residential and commercial home loans SF
As the stock market remains bearish and portfolios continue to make only minor gains, the demand for homes has never been higher.
It is with this economic trend that more people are opting to invest in one of the most enduring forms of equity: real estate.
Nevertheless, according to the 2000 census, there are more than 35 million families who rent.
Experts say that while many families are interested in home ownership, a major obstacle they face is the down payment.
Enclaves Group Inc., a spin-off of N.Y.-based real estate corporation Homes For America Holdings Inc., has created a “lease and own” program called Your Home, which the company devised to enable renters to enter the homeowner market.
“The Your Home Program is simple to understand and accessible to all Americans,” said Mark MacFarlane, chief operating officer of Enclaves Group. “This creative program has no down payment and offers a structured purchase plan that creates home ownership equity for the working family.”
In fact, MacFarlane noted that while the demand for housing has spurred the construction of new homes, traditional financing methods have not expanded to accommodate the needs of many ordinary families.
With no down payment required, the ability to accumulate “Good Resident Credits” and build substantial equity over a period of 36 months, MacFarlane says the program taps into a market that to date has received little or no attention: working families from all walks of life and diverse backgrounds who have not been able to overcome the obstacles to home ownership.
“Enclaves is the first and only home builder to target this unserved market,” said Robert MacFarlane, chairman and chief executive officer of Home For America Holdings. “It’s a simple process – what many families are currently paying in rent can now immediately apply for equity for their own piece of the American dream.”
Powered by Agent San Francisco – SF San Francisco. All rights reserved.© 2012 Copyright by Agent San Francisco™. All rights reserved. Agent San Francisco is an independent real estate brokerage.
“Agent San Francisco real estate brokerage” is an independent real estate brokerage firm with CaBRE – California Bureau of Real Estate Lic #01173770 and Mortgage Loan Originator MLO – NMLS ID: #1203203 & NMLS ID: #1425778 – Agent San Francisco is equal opportunity housing mortgage broker and
real estate agent that abides by all California Bureau of Real Estate rules and regulations. Agent San Francisco Mortgage Loan originators MLO’s and advertising are in compliance with FTC, U.S. Department of Housing & Urban Development (HUD), Regulation Z [12 CFR §1026.24], Reg CaBRE, Mortgage Acts and Practices — Advertising rule, known as Regulation N – [12 Code of Federal Regulation §§1014 et seq.] – The Federal Trade Commission (FTC) and Consumer Financial Protection Bureau (CFPB).
Licensed and endorsed under California Bureau of Real Estate. (CaBRE)
CaBRE Broker #01173770
Mortgage Loan Originator (MLO) NMLS ID #1425778
Mortgage Loan Originator NMLS ID #1203203
Searches related to residential home and commercial real estate lenders San Francisco
residential home and commercial real estate loans San Francisco
San Francisco residential home refinance and commercial real estate lenders list
largest residential home refinance and commercial real estate lenders San Francisco
residential home refinance and commercial real estate funding San Francisco
residential home refinance and commercial real estate financing San Francisco
residential home refinance and commercial mortgage lenders San Francisco
residential home refinance and business real estate lenders San Francisco
residential home refinance and private commercial real estate lenders San Francisco
Home purchase loans and refinancing
