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Entries Tagged as 'creative home financing options'

Home Financing Options

December 6th, 2010 No Comments

The two most important factors to consider when comparing home financing options are loan term and interest rate. Loan term The typical options are 15-year or 30-year mortgages. A 30-year mortgage will have a lower monthly payment and a higher interest rate than a 15-year mortgage. You will have a smaller monthly obligation but you [...]

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Home Finance Rates

February 24th, 2010 No Comments

Thinking Of Home Financing? Homeowners have woken up to the fact that an excellent way to perk up their lifestyles as well as their bank accounts is home financing. Take finances for renovating your home and increase your home value. In due course of time, your neighbors will be surprised to see the new you! [...]

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Creative Home Financing

January 5th, 2010 No Comments

Does the Math make sense? How should I do this? I currently own a villa in Deerfield Beach, FL (near Fort Lauderdale). I paid 50K for it over 10 years ago. Currently I have about 150K of equity in the home. I re-financed about 6 years ago so my interest rate is at 5.0% on [...]

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