$8,000 Could be Used for Down Payment!
May 13, 2009 by Gary Sattelberger · 1 Comment
WSJ is reporting, HUD through the FHA is working on plans to allow first-time home buyers to use the $8,000 tax credit for purchasing a home as the down payment if the loan is done through approved lenders and non-profits.
This is big! Not only would you not have to pay back the $8,000 but [...]
Mortgage Rates Hit 37 Year Low!
December 24, 2008 by Gary Sattelberger · 11 Comments
Yes, Virginia there is a Santa Claus!
Mortgage rates hit a new 37 year low this week. This is the second week in a row that interest rates on 30 year fixed rate mortgages have hit a new low.
This is great time to purchase or refinance. The average rate on a [...]
Buy a Home for ONLY 1% Down!
October 17, 2008 by Gary Sattelberger · 2 Comments
Since the end of down payment assistance (DPA) we have been looking for home loan programs for our clients that require little or no money down. And there is good news, we’ve found one at The Lending Co.
To fully understand how the loan works and how you can take advantage of the [...]
