You heard correct. You now have more options for rehabilitation financing. Freddie Mac just launched the CHOICERenovation loan. You can now combine your home and renovation loan together when you choose Freddie Mac during your home purchase. This loan is the perfect loan to purchase that less than perfect home.
Choosing a mortgage can be a little intimidating for first time homebuyers. One thing to remember is mortgages are not created equal. There is no one mortgage to fit everyone. You have to consider all of your personal and financial needs when choosing to make sure you pick the best option you see fit for your lifestyle. Here is a brief description to give you an introduction to the most common type of loan options:
The rush of buying your first home is one of the most exciting experiences one can endure in their life. It's a huge accomplishment and you should feel extremely proud of yourself. One thing to remember is to not let the overwhelming feeling of excitement allow you to fall into the traps that can occur during the process.
Renting seems like the easy way out to most people. Although rent prices fluctuate each year, you only pay rent and utilities with a landlord at your fingertips to fix any and every problem, and the flexibility to pack up and venture out to the next city without any attachment. Yes, these are some perks that make it easy when you are young and finding your path. What about when you finally get that job you want to keep and can picture yourself staying there for some time?
At the Eustis Family of Companies we consider it a privilege to of loans to our veterans that have served protecting our freedoms.
Millennials are working hard in their early careers right now and most likely saving up by rooming with friends or family. They are becoming aware that renting on their own is looking more and more less likely of a good idea as rent prices rise.
With so many different things to take care of in order to live the American Dream, it seems impossible to pay anything off before or event after retirement.
Find out why a total of 169,161 military personnel are already projected to take advantage of VA Home Loan Benefits this year!
Buying a house is no instantaneous process. It takes time to find a house, make an offer, close, and finally move. Once you get to making that offer and getting that offer approved, there’s two things you should do before closing. Namely get an inspection and get homeowners insurance. Both will ensure that your new home is safe and will stay this way for as long as you live there.