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People shouldn’t be worried about the 3% down program. The FHA, USDA and VA have been doing it for years, and with the right guidelines and criteria in place these are great for borrowers. Whatever is best for borrowers and prudent lending standards is what all lenders and originators should be looking to offer.
If you live in Silicon Valley and are one of the region’s numerous millionaires or even billionaires, thanks to a ton of recent tech company IPOs, bringing the perks home is easy. One expert says the increase in IPOs is actually driving residential values in Silicon Valley.