mortgage: Looking for money to make home improvements?
- 07/03/09 07:43 AM
Are you a home-buyer who's looking to get "more home for your money"? What buyer isn't, right? Or perhaps you're a current homeowner who would like to make some much-needed repairs to your home. If so, keep reading... A HUD-insured 203(k) loan may just be the financing tool you need to buy or create your perfect home! With a 203(k) loan, available through any FHA-approved lender, you can purchase or refinance a property PLUS include the costs of making repairs and improvements (not just energy-efficient improvements either). You could also combine the 203(k) financing with other financing options as well. Consider … (0 comments)
mortgage: Comparing a Standard Home Mortgage to an Energy Efficient Mortgage
- 06/26/09 01:08 PM
Banks are increasingly recognizing the fact that a homeowner who spends money to improve the energy efficiency of their home ends up have extra money in their pocket at the end of the month - and this can help tip the balance in your favor of getting a higher mortgage amount with an Energy Efficient Mortgage. Fannie Mae has published the following comparison of a standard home mortgage to an energy efficient home mortgage. Keep in mind this was published a while ago and mortgage rates are even LOWER right now, so your savings could be higher.
Are you a home-buyer who's looking to get "more home for your money"? What buyer isn't, right? Or perhaps you're a current homeowner who would like to make some much-needed repairs to your home. If so, keep reading...
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