Affordable Home Mortgages?

Below is a great little article for people thinking about buying a home. With home prices down across much of the nation, this may be an opportune time to buy the house that you really want at an affordable price. Before you make that decision, read the article below and talk to a certified credit counselor to make sure you credit is where it needs to be in order to get the best rate on your future home! What You Need To Know About Getting A Mortgage Today (NAPSI) - If you're planning to buy a home or refinance the one you own, prepare yourself for the challenges of getting a mortgage today. These days, more than one in every three home buyers...

Posted on Feb 24, 2011

Homebuyer Tax Credit Extended

Did you know the Homebuyer Tax credit has been extended? Qualifying first time home buyers have until April 30, 2010 to purchase a home and receive the $8,000 tax credit on their 2010 taxes. In addition, the extension provides a tax credit of $6,500 for families who have already owned a home. In order to qualify, you must have lived in your current home for at least five years. Finally, for military members who have been assigned overseas, these tax credits have been extended until May of 2011. So, whether you are a first time home buyer or already a home owner now may be the right time for you to buy. Talk to a realtor and lender to learn more!

Posted on Dec 20, 2009

Turned Down For a Loan? Improve Your Loan-ability!

Two years ago, someone with a 600 (poor) credit score could qualify for a mortgage or car loan. Now, reputable lenders will not even consider lending to someone with a score below 700. There is good news though, there are ways you can improve your “loan-ability” in the eyes of lenders and possibly get that home or auto loan you have been dreaming about. First, you have to know that the condition of your credit impacts many areas of our lives now. If you want to rent a place to live, qualify for certain jobs, pay less for auto insurance or pay a smaller down payment on things like utilities and cell phones, you must have good credit. The popular credit scoring...

Posted on Nov 22, 2009