Making a Difference in Families Financial Lives

Builder Closing Cost Incentives

Builder Closing Cost Incentives: Are They Too Good to be True?

When purchasing a new construction home, many builders will offer a variety of incentives to sweeten the deal and entice buyers. One of the most popular incentives is builder closing cost incentives, which promise to cover some or all of the closing costs associated with purchasing your new home. In comparison, these incentives can save you money upfront. However, it is important to understand their true cost and whether they are as good of a deal as they seem. In this post, we will explore the world of builder closing cost incentives and help you determine if they are too […]

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Renovation Loans North Carolina

How Fannie Mae Home Style Renovation Loans in North Carolina Work

Renovating your home can be a fantastic way to breathe new life into it. Whether you want to update your kitchen, add an extra bedroom, or modernize your living spaces, the North Carolina Fannie Mae Homestyle Renovation loan could be just what you need. With its flexible terms and competitive rates, this loan is designed to help homeowners like you realize their renovation dreams. In this blog post, we will closely examine how the Fannie Mae Homestyle Renovation loan works, its benefits, and how to apply for it. What is the Fannie Mae Homestyle Renovation loan? Renovation loans are financed

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first-time buyer

How Do I Mortgage a House as a First-time Buyer?

As a first-time homebuyer, purchasing a home can be an exciting and financially draining thing to do. One of the most important aspects of buying a home is finding the right mortgage that meets your needs and financial situation. In this regard, Amy Bonis educates homebuyers on how to get financial help from financing bodies. However, she aims to help every family get a home with an ideal mortgage plan. In this article, I will provide a detailed guide on how to mortgage a house as a first-time buyer with the help of Amy Bonis. It also includes the types

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Downpayment assistance

How to Buy a Home in North Carolina with Downpayment Assistance

Are you interested in buying a home in North Carolina but need more funds for the down payment? You can make your dream of homeownership a reality with the NC Downpayment Assistance Program. This program provides qualified buyers with up to 5% of the home’s purchase price as a down payment. This blog post will walk you through the steps to take advantage of this helpful program and successfully buy a home with Amy Bonis’s assistance. Amy is one of the renowned loan officers who has been dealing with mortgages for several years. Further, she educates the buyers about the

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Home loans

Do You Need a Home Loan in North Carolina? Here Are Your 6 Options!

If you are the one who is looking to purchase a home in North Carolina, you may be wondering what home loan options are available in the state. Also, if you lack the financing to build your dream home, we are here with so many options for home financing. However, home loans in North Carolina can be complicated, and it can be difficult to understand all of your options. Fortunately, there are a variety of home loan options available:  FHA Loans FHA loans are one of the most popular mortgage options among North Carolina homebuyers. These loans are insured by

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Down Payment Assistance

The Best Loans For Homebuyers With Zero Downpayment

Are you a first-time home buyer and looking to purchase a home with zero down payments? If so, you are not alone, as we understand saving every penny to build your own home is difficult. That is the reason we have loan plans that are friendly to your budget and require no down payment. In this blog post, we will look at some of the best loan options available to home buyers with no initial payment. However, we also discuss the pros and cons of each loan type, as well as the eligibility requirements and other important factors to consider

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Down Payment Assistance

Using Down Payment Assistance For Your Dream Home

Are you looking to buy a home for the first time but need help saving on the down payment? You are not alone. Many aspiring homeowners face the same challenge. If you want to buy a home, it is fortunate that programs are available to help with the down payment. You can learn more about using down payment assistance to buy your dream home in the following article, which includes the following information: Why Do You Need Down Payment Assistance? The assistance programs are designed for down payments to help first-time home buyers. It is because, most of the time,

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Mortgage Credit Certificate

The Mortgage Credit Certificate: Help First-time Home Buyers

Are you a first-time home buyer looking for ways to save on your home purchase? A Mortgage Credit Certificate (MCC) from the North Carolina Housing Finance Agency (NCHFA) may be the answer you are looking for. Those who lack finances and feel discouraged in their home-buying journey can apply for this loan. An MCC is a tax credit given to a first-time buyer or a qualified military veteran. The credit allows them to claim a tax credit for some mortgage interest paid during the year. Further, the credits also help them save thousands of dollars over the life of the

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Refinance Home Loan

Learn About Refinancing a Mortgage and How it Works in 2023

What is Refinancing a Mortgage? Refinancing is the term used to replace your current home loan with a new loan for the same property. However, when you refinance your mortgage, you can extend your amortization period (the number of years it takes to pay off your loan) or shorten it by paying down the principal faster than the original term. For instance, suppose you have a 30-year mortgage and wish to reduce it by five years. You can refinance and pay the principal much faster, even though the new loan will still be 30 years long.  How is Refinancing a

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First-Time Home Buyer Loan

A Comprehensive Guide For First-Time Home Buyer Loan

The process of obtaining a mortgage for the first time is often a challenging one for first-time buyers. Choosing where to begin can be challenging due to the wide range of options available. The situation is not unique to you! We provides expert consultation regarding mortgage home loans and are here to help guide you through the process. Moreover, this guide will provide comprehensive information regarding first-time home buyer financing. Our team can assist you in everything from understanding the various types of loans available to determine whether you are eligible. Types of First-Time Home Buyer Loans When it comes

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