First-Time Home Buyers
If you are tired of paying rent, find out if you can qualify for the first-time homebuyer’s program. Explore the tax benefits of owning a home and the interest deductions. You may be eligible to receive 100% financing with zero down. The program allows a “gift” from a relative to be used; and the seller can contribute up to 6% toward closings costs and prepaids. The automated underwriting process allows higher debt to income and lower credit scores.There are many good reasons to buy a home, including building equity in real estate; tax deductibility of mortgage interest and taxes, and pride of home ownership. If you or someone you know is renting, contact us and ask for the first-time homebuyer's loan example that compares rent versus buy.