First Time Home Buying
Buying your first home is a big deal but it doesn’t have to be overwhelming. There are a lot of benefits that you get only one time, the first time you buy. Things like help with down payment and closing costs, reduced mortgage insurance and below market interest rates. We are first time buyer specialists and work with many first time buyers. We have found that for many first time buyers, the biggest challenge is saving enough cash to close. That’s where down payment assistance programs can make all the difference.
In North Carolina, there are smart and accessible down payment assistance programs available to make first time homebuying more affordable. With low down payment loan options and generous state-backed assistance, you may be able to purchase your first home with far less out-of-pocket than you think.
Divorce Mortgages
Amy Bonis is a dedicated divorce home loan specialist who understands that navigating through a divorce can be incredibly challenging. Having gone through a divorce herself, she knows firsthand the emotional and financial complexities involved. Amy is committed to providing compassionate and professional support to help you make informed decisions.
With her extensive expertise, Amy will guide you through what is needed to create your own financial footprint, whether you’re starting from scratch or need to restructure your existing finances. She will also provide critical insights into what you need to know about buying your ex out, child support, alimony, and how underwriters view this income or debt. Understanding these factors is essential to securing a mortgage that fits your new circumstances whether that means staying where you are or moving.
When it comes to divorce and home loans, it’s crucial to speak with someone you trust, and Amy is here to ensure you have the guidance and resources needed. Contact Amy Bonis today for the expert assistance you deserve.
Real Estate Investing
Investing in residential real estate offers both financial benefits and personal satisfaction. One major advantage is that property values usually increase over time, which can lead to big profits when you decide to sell. You can also enjoy tax benefits by deducting mortgage interest, property taxes, and other expenses. Plus, using strategies like the 1031 exchange can help you defer capital gains taxes, allowing you to reinvest your profits.
Real estate investments also help diversify your portfolio, providing more stability compared to volatile stocks. You can actively manage your properties, making improvements that can boost their value. Real estate tends to be less affected by market swings, ensuring steady returns. Additionally, rental income can provide a steady cash flow, especially as you pay down the mortgage. The Amy Bonis Mortgage Team is experienced with investment property loans in NC, SC, VA, GA, and FL, and can help you finance these opportunities to maximize your investment potential.
Homebuying Coaching
The Amy Bonis Mortgage Team is invested in your success as a homebuyer. We offer Home Buying Coaching where you’ll get six NO-COST sessions over 100 days to make sure you are going into homebuying with all the tools you need.
Some highlights include:
- Build Confidence
- Understand the homebuying process
- Improve your credit score
- Learn what a payment would look like at different price ranges with different load programs
- Learn what special programs and assistance you may quality for
- Learn how much cash you may need based on what program you choose
- Get all questions answered without pressure
- Downpayment assistance options and tax credits available
Jumbo Loans
Jumbo loans are for homes that exceed conventional loan limits—and they require a higher level of expertise. When you’re buying at this level, details matter. A big part of a successful jumbo purchase is value support. Any home—especially a high-price one—must be backed by solid comparable sales. For example, if you’re purchasing a $1.5M home that’s 4,000 sq ft with 5 bedrooms and 6 baths, there need to be recent sales of similar-sized, like-quality homes to support that price. If the comps don’t line up, deals can stall or fall apart. This is where experience makes the difference. At Amy Bonis Mortgage, jumbo loans are a specialty. We know how to structure them, anticipate appraisal and underwriting challenges, and guide clients through the nuances that come with high-balance lending. We offer excellent jumbo rates, strong lender options, and the strategy to get complex deals closed smoothly. Not every lender can do jumbo loans well.
This is where Amy Bonis shines.
Rehab Loans
Over the last few years, there has been an increase in the number of distressed properties that have hit the market. These properties, foreclosures, short sales, REO’s, HUD properties are potentially really good deals, but many buyers are unable to get traditional bank financing. The idea is to buy the property at a discount, fix the property up so that your new appraised value, after renovations, is higher than the total money you have into it. Rehab loans are a tool you can use to bridge the gap between potential and the final product.