charlotte nc home buying: Eligible Veterans in Charlotte Need to know about VA Loans - 09/13/11 07:51 AM
The VA Home Loan program is one of the best benefits for former military members and a great way for current military members to buy a house in Charlotte, NC, or anywhere in the Carolinas. 
In Charlotte, the manager of Fairway Independent Mortgage is recently retired from the NC Air National Guard, so Fairway knows a thing or two about VA loans - both as a lender, and a user of the VA home loan program.
Here are a few great reasons why a VA loan is such a great loan program for Veterans:
No Downpayment No Monthly PMI Low market … (0 comments)

charlotte nc home buying: Guide to Buying a Home - 02/28/11 11:02 PM
We just published a guide to buying a home. This will be a great resource for First Time Home Buyers in Charlotte. 
The guide covers such topics as:
Finding a Real Estate Agent Finding a Mortgage Lender Location Watching the Market Inspections Making the Offer Closing on the home and getting the keys Download a copy today for yourself, or to give to a First Time Homebuyer that you know.
The guide also have information that will be useful for expereinced home buyers as well.
(0 comments)

charlotte nc home buying: In North Carolina, we still have a First Time Home Buyer Tax Credit - 11/15/10 04:22 AM
In Charlotte, NC, First Time Home Buyers can still get a Tax Credit when they buy their house - and this one can be a lot larger than the old $8,000 First Time HOme Buyer Tax Credit.
If you have a Smart Phone with a QR Scanner, you can learn more by scanning the image to the right.
The Mortgage Credit Certificates give First Time Home Buyers with certain income limits the ability to get up to $2,000 a YEAR off off their income tax bill.  Most people can increase thier deductions to get the money added to their paycheck every … (1 comments)

charlotte nc home buying: Did you miss the Refinance Window? It is being slammed shut! - 11/15/10 02:09 AM
Mortgage rates have been increasing ever since the Federal Reserve announced they were going to buy $600 Billion in more Government debt in order to spur the economy and keep rates low. 
Well what do you know, printing $600 Billion isn't good for interest rates!  Mortgage Rates in Charlotte are generally 0.25% to 0.5% higher than the lows of the past few months. 
Rates are still well below 5% for almost everyone, but continuing to wait for lower rates now is probably a gamble that won't pay off.
 
(3 comments)

charlotte nc home buying: First Time Home Buyers in Charlotte - 11/04/10 02:03 PM
Buying your first home in Charlotte is a HUGE step. Too many qualified people are not looking to buy right now because they are listening to the wrong people.  Don't listen to a newspaper article written by a 23 year old journalism major who rents a house with 5 other people.  Don't listen to a 'financial guru' that bought their first home in the 1970's and can't relate to where you are.
Buying your first home in Charlotte is too important to trust to just anyone. As Mortgage Planners, we work with First Time Home Buyers to make sure they understand the whole … (2 comments)

charlotte nc home buying: Mortgage Rates in Charlotte, NC - 10/31/10 12:27 PM
Mortgage rates in Charlotte had a rough start last week - increasing 0.25% from Monday to Wednesday. Thursday and Friday, Mortgage Rates in Charlotte dropped back down and re-gained most of the losses.
Home Buyers in Charlotte shouldn't be waiting to get a lower interest rate: They really can't get much lower.  Most homeowners in Charlotte can benefit from refinancing now.  Even though there are 27 factors that determine your final interest rate, most people should end up in the low 4% range - lower credit scores or cash out refinances may end up right at 5%.
For more information on … (1 comments)

 
Tom Tousignant, Investment Property Expert (Fairway Independent Mortgage NMLS id #2289)

Tom Tousignant

Investment Property Expert

Charlotte, NC

More about me…

Fairway Independent Mortgage NMLS id #2289

Address: 8832 Blakeney Professional Drive, Suite 102, Charlotte, NC, 28277

Office: (704) 541-1172



Listings

Links

Archives

RSS 2.0 Feed for this blog