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The city of Santa Ana is now offering interest-free down payment assistance. House prices in California city among highest in country. To be eligible for the program, borrowers must be pre-qualified for a first mortgage, and.

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What You Need to Know About Private Mortgage Insurance (PMI) – Santa Clarita Lender Typically, you (the borrower) pay a monthly premium for private mortgage insurance (PMI). That’s an extra cost each month, and it takes a bite out of your budget. That’s an extra cost each month, and it takes a bite out of your budget.

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