Did you know that about 40% of renters could actually qualify to buy a home and don't even know it?

This page is mainly for anyone who may have owned a home in the past but who for some reason, has not owned a home in several years. 

If you want to buy your next "first home" (there are guidelines for being considered first-time buyer, even if you have owned a property before), contact me for more information.

Remember also to consider the tax consequences of your purchase.  For example, If you can afford a mortgage payment of $1,000 (principal and interest only) you can buy a home worth $151,426 (if you put 10% down on a 30-year mortgage at 8% interest) in a traditional loan.

If your payments started in January, you would pay $10,862 in interest for the first year in the home. That entire amount may be tax deductible on your federal income tax return!  Remember to consult your tax advisor though.

Assuming you are in the 15% tax bracket, you may be able to save $1,629 in taxes, or $136 per month. So your $1,000 payment is really only $864 when you factor in the homeowner's tax advantage.  If you're in a higher bracket, your savings may be even greater. 

Play with the calculator below to get a feel for the numbers, then give us a call to find out how affordably you could own a home.  Of course, you should consult with tax professional for specific information about your situation.

There are many loan products out there and we are affiliated with mortgage professionals with access to hundreds of them.

Homeownership could be closer than you think! CONTACT ME NOW!

Find out what the new Loan Limits are in your area HERE or

Find a printable chart published by the National Association of Realtors HERE

To find out how to have your 30-year mortgage paid off in 8-11 years, just watch a video and request a complementary consultation HERE