What is a manufactured home? A manufactured home is a home built in a factory on a permanent chassis and towed to a site and attached to a foundation. Previously, manufactured homes were called “mobile homes” or trailers. But in 1976 government regulations mandated minimum standards and manufactured homes today are well-designed and constructed! In […]
Are you eligible for a home buyer tax cr...
NH Housing is offering a Home Buyer Tax Credit of up to $2000/year for first time buyers (or second time buyers buying in targeted communities). You are considered a first time buyer if you haven’t owned a home in the past 3 years. In order to participate, you must apply for a Mortgage Credit Certificate […]
NH Housing now offering 4% cash assistan...
NH Housing provides cash assistance up to a maximum of 4% of the base loan amount to help borrowers defray the cost of down payment, closingClosing is the meeting — typically in person — where all parties sign the final loan and property paperwork and the transaction becomes official. It’s the last step in the process, the point where months of paperwork, verification, and waiting turn into... More costsClosing costs are the fees and charges due at closingClosing is the meeting — typically in person — where all parties sign the final loan and property paperwork and the transaction becomes official. It’s the last step in the process, the point where months of paperwork, verification, and waiting turn into... More beyond the down payment itself — the collection of costs that pay for all the work, insurance, and government […]
Down Payment Assistance
Need Cash to buy a home? When you use one of NH Housing’s programs you can also get cash assistance which can be used toward either down payment or closingClosing is the meeting — typically in person — where all parties sign the final loan and property paperwork and the transaction becomes official. It’s the last step in the process, the point where months of paperwork, verification, and waiting turn into... More costsClosing costs are the fees and charges due at closingClosing is the meeting — typically in person — where all parties sign the final loan and property paperwork and the transaction becomes official. It’s the last step in the process, the point where months of paperwork, verification, and waiting turn into... More beyond the down payment itself — the collection of costs that pay for all the […]
Why Buyers Need a REALTOR…
Why do buyers need a REALTOR? REALTORs are professional real estate agents who adhere to the highest level of conduct and ethics. Many have years of experience, teams to support you and a deep understanding of every facet of the homebuying process. Hiring the right REALTOR makes all the difference! 1.REALTORs know the city and everything […]
5 ways to improve your mortgage options!
Your credit score will influence your mortgage options as well as the interestInterest: the cost of borrowing money, charged as a percentage of the outstanding balance and paid in arrears (unlike rent, which is paid in advance). More rate you will get. If you’re thinking of buying a home in the future, don’t take chances! These steps can help […]
Fannie Mae making home financing more av...
Fannie Mae instituted new rules surrounding student loans earlier this year which make a significant difference in what people who have income based repayment plans and graduated payment plans can qualify for. The old guideline was, if the student loan was an income based or graduated payment, the lender would consider the payment to be […]
Tax Reform may make the Homebuyer Tax Cr...
Tax reform for homeowners. One of the benefits of owning a home as a primary residence is the ability to write off the taxes and interestInterest: the cost of borrowing money, charged as a percentage of the outstanding balance and paid in arrears (unlike rent, which is paid in advance). More paid which lowers your […]
Can the seller pay all my closing costs?
Many first time buyers (and move up buyers too) negotiate for the seller to pay some or all of their closingClosing is the meeting — typically in person — where all parties sign the final loan and property paperwork and the transaction becomes official. It’s the last step in the process, the point where months of paperwork, verification, and waiting turn into... More costsClosing costs are the fees and charges due at closingClosing is the meeting — typically in person — where all parties sign the final loan and property paperwork and the transaction becomes official. It’s the last step in the process, the point where months of paperwork, verification, and waiting turn into... More beyond the down payment itself — the collection of costs that pay for all the work, insurance, and government processes required to originate a […]
What’s the best program for a first time
Many people wonder what the best program is for a first time buyer? The answer is dependent on the buyer’s credit score and credit profile, the buyer’s income and the amount of cash the buyer has to spend on down payment and closingClosing is the meeting — typically in person — where all parties sign the final loan and property paperwork and the transaction becomes official. It’s the last step in the process, the point where months of paperwork, verification, and waiting turn into... More costsClosing costs are the fees and charges due at closingClosing is the meeting — typically in person — where all parties sign the final loan and property paperwork and the transaction becomes official. It’s the last step in the process, the point where months of paperwork, verification, and waiting turn into... More beyond the […]