Financing Your Home
Why are single-family and 2 - 4 family homes such attractive investments?
You pay much less per month to own your own home than you'd pay to rent comparable
space. And if you sublet your home, most banks will take 75% of your rental income
and add that figure to your monthly earnings...giving you the headroom to look at
more expensive properties and qualify for a larger loan amount. Your rental income
will cut your monthly mortgage costs and, in some cases, could cover them completely!
If you're a first-time homebuyer, you may qualify to put as little as 3% down-while
your closing costs can be furnished by family or friends in the form of a gift.
With BankersHomeLoan.com on your side, you'll be able to get a low rate and competitive
closing costs, in less time and with less effort.
Purchase Loans
Buying a new home? Is it your first home or your fifth home? Which ever the case,
you want the best rates possible when financing your purchase. BankersHomeLoan.com
represents many lenders and can help you find the best rate and the proper loan
program for your new home. We do our best to make the loan application process simple
and direct so there are no hassles. Before searching for a new house, it is good to
know what size mortgage you qualify for, so please use our
Qualification Calculator.
BankersHomeLoan.com offers a variety of loan programs to satisfy borrowers. Please
inquire about the No Income Verification (NIV), No DOC, No points, and low down
payment programs. Our loan officers will be happy to answer any questions.