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:
With rent and home prices increasing while the amount of houses for sale decreases, it is smart to make the move now and transition from renting to homeowner. There are many reasons why purchasing a home can help you invest in your future. Here are just a few:
At the Eustis Family of Companies we consider it a privilege to of loans to our veterans that have served protecting our freedoms.
Going green has become a necessity in the real estate industry the passed few years and will only increase. Fortunately, homeowners can do simple improvements to their property that will be cost efficient and generate the highest return on their investment.
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.
Eustis is a Family of Companies, that has been helping homeowners for over 60 years.
Since the Federal Housing Administration first accepted 30-year fixed-rate mortgages in 1954, this loan option has remained a staple for homebuyers throughout the country. While it has proven to be an affordable mortgage for most, as monthly payments remain low over a longer period of time, it has not proven to be the best option for all. So is a 30-year fixed-rate mortgage right for you? Here are the questions you should ask yourself: