Mini Mortgage Questionaire
Posts By Leesa Sandoval
The House of Representatives voted unanimously Monday (10/13/09) to extend the deadline for the $8000 first time home buyer tax credit. Currently this legislation only applies to Veterans but there is a proposal to extend this tax credit for everyone.
Dallas, Texas - 972-407-7922
If you’ve been passing up buying a home in Texas because it requires cosmetic repairs and you are lacking the funds for repairs and/or upgrades FHA has a program for you. Not to be confused with FHA’s full 203K program, a Streamlined 203K loan eliminates much of the paperwork and simplifies the process to obtain rehab funds.
Dallas, Texas - 972-407-7922
Most of you know that the $8000 first time home buyer tax credit will expire November 30, 2009. What many may not know is what this means if you are currently in the market to buy a new home in Texas. Now more than ever you need to have an understanding of the timeframes involved in purchasing a home to make sure you do not miss this great opportunity.
Dallas, Texas - 972-407-7922
The FHA 203k Rehab Loan in Texas allows you to truly make a house your home. Everyone has different tastes in decor and what could be better than to move into a fully customized home?? Furthermore, with all the foreclosures on the market there may be some items that are required to be repaired prior to moving in. By simply following these easy steps below you will ensure a smooth transaction…
Dallas, Texas - 972-407-7922
These days everyone is looking for a deal, especially with the amount of foreclosed homes on the market. I would like to take a moment to share with you a few programs that will allow you to purchase your home with $100 down or less.
Dallas, Texas - 972-407-7922
If you plan on purchasing your first home and using the $8000 tax credit you must act quickly. Your loan must close before November 30, 2009 or you will miss out on this great opportunity. Since this federal money can be used for your down payment or may be claimed after the purchase it would be a shame to not claim it if you qualify.
Dallas, Texas - 972-407-7922
As a consumer, it’s important to understand that mortgage rates change with the movement in the bond market, specifically the value of mortgage-backed securities. These changes happen daily and sometimes multiple times a day. Rates will vary from program to program. For example, rates on USDA loans are a bit higher than FHA loans because USDA allows for 100% financing.
Dallas, Texas - 972-407-7922
This program allows a first time home buyer in Texas to monetize the $8000 tax credit and apply it to their down-payment and closing costs.
Dallas, Texas - 972-407-7922
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