First-Time Home Buyers
If you are tired of paying rent, find out if you can qualify for the first-time home buyer's program. Explore the tax benefits of owning a home and the interest deductions. The program allows a monetary gift from a relative to be used; and the seller can contribute up to 6% toward closing costs and prepaid items. The automated underwriting process allows higher debt to income ratios 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 me and ask for the first-time home buyer's loan example that compares rent versus buy.