Sometimes, when you look to purchase a new home or you need to improve the condition of your already existing home. Let me inform you that whether this home is new or used, whether it is a house, condo, manufactured, or mobile home, FHA loans are easy to obtain and are very affordable and accommodating to your needs. There are several reasons why you would opt for an FHA loan. … [Read more...]
What are the Tax Advantages Of A Small Down Payment?
Tax Advantages Of A Small Down Payment A big mortgage plus small down payment equals tax advantages? If you are like most investors you will finance most, if not all of the purchase price for your home. Once you move in, the home ownership honeymoon is over, you will probably get the urge to speed up your payments and get out debt as soon as possible. But, should you deplete … [Read more...]
What is Jumbo Fixed Mortgage Rate
What is Jumbo Fixed Mortgage Rate Still many people are confused about what the call jumbo fixed mortgage rate or jumbo mortgage rate. In the past, moneylenders, and the "lords" (Europe 16 to 18th century) are presented home mortgage loans to "poor" people, often pheasant and labor. Still many people are confused about what the call jumbo fixed mortgage rate or jumbo mortgage … [Read more...]
What is the VA Home Loan Guaranty?
A VA home loan is a loan in which the VA makes a guaranty of the payment to the lender of up to 25% of the value of the purchased home. This allows the lending institution to have a certain amount of security in the repayment of the loan, and it allows the buyer to purchase the home with no money down. This service can save the homeowner as much as 20% of the purchase price … [Read more...]