There are times that it just makes sense to hire an expert! We think that selling a home is one of those times. A home is the most valuable asset that most people have and everybody wants to maximize their gain.
There are times that it just makes sense to hire an expert! We think that selling a home is one of those times. A home is the most valuable asset that most people have and everybody wants to maximize their gain. Many homeowners believe that eliminating the Realtors commission is the best way to do that, we don’t necessarily agree.
There are many studies that show that hiring a great Realtor gets you more money in the end. Isn’t that what you really want? If you need a great Realtor, give us a call at 215.493.3752. We can provide a recommendation and help you finance your new home, as well.
Many potential homebuyers believe that homes are almost exclusively sold in the Spring and Summer. The rest of the year can also be a great time to buy a home. Lack of competition, motivated sellers and the potential to…
Many potential homebuyers believe that homes are almost exclusively sold in the Spring and Summer. The rest of the year can also be a great time to buy a home. Lack of competition, motivated sellers and the potential to realize the best deal make the fall and winter optimal homebuying seasons.
Most importantly, the best time to buy is when you are ready! Reach out to us today at (215) 493-3752 for a no-obligation pre-approval and see how ready you are to buy a home.
FHA Mortgages, those that are insured by the Federal Housing Administration, offer opportunities for home ownership for those borrower’s whose credit standing may not be quite strong enough to qualify for conventional financing or may not have a large downpayment.
FHA Mortgages, those that are insured by the Federal Housing Administration, offer opportunities for home ownership for those borrower’s whose credit standing may not be quite strong enough to qualify for conventional financing or may not have a large downpayment.
FHA Loans are not sub-prime loans, rather they are loans for borrower’s who may need a bit more flexibility in their financing options. FHA loans typically come with a low 3.5% downpayment.
At BOE, we even have a no downpayment option. We have the ability to qualify borrowers with lower credit scores, higher percentages of “seller assist” and other underwriting flexibilities.
Contact us today at (215) 493-3752 to find out if FHA financing makes sense for you!
Refinancing your mortgage can be beneficial not only in lowering your interest rate but, also in accessing the equity in your home for other uses.
Refinancing your mortgage can be beneficial not only in lowering your interest rate but, also in accessing the equity in your home for other uses.
Borrower’s frequently use the proceeds of refinance loan for debt consolidation, home repair and upgrades, purchasing a vacation home, boat or recreational vehicle, paying for a wedding or educational expenses and many other uses.
Give us a call at (215) 493-3752 and let us help you decide whether a refinance makes sense for your financial situation. We’re always here to help!
At Bank of England Mortgage, our Qualification Support Department specializes in helping Borrower’s figure out what steps to take to make small improvements in their credit scores.
At Bank of England Mortgage, our Qualification Support Department specializes in helping Borrower’s figure out what steps to take to make small improvements in their credit scores.
Our specialists can review the raw data of a borrower’s credit file and determine what impact certain payment will have upon a borrower’s credit score. They can also make suggestions of the impact of timing on a borrower’s credit worthiness.
In cases where borrower’s may need additional work, we can recommend a third party credit repair company that has helped many of our clients.
Call us today at (215) 493-3751 and find out how we can turn a no into a YES!
Did you know we have our own Qualification Support Department to help with your credit score?
Many borrower’s need a little additional help to qualify for their mortgage. It is not unusual for a co-signor or co-mortgagor to be enlisted to help the borrower qualify.
Many borrower’s need a little additional help to qualify for their mortgage. It is not unusual for a co-signor or co-mortgagor to be enlisted to help the borrower qualify.
In either case, the additional borrower is agreeing that if the borrower has difficulty making payments, they will help. A co-signor, is only signing onto the debt and not taking an ownership interest in the property. A co-mortgagor is signing onto the debt as well as the ownership interest in the property.
Different situations require different solutions so, if you’re thinking about buying a home with a co-signor or co-mortgagor, give us a call. We’re here to help explain the different options so that you can make an informed decision regarding what’s best for you.
If you’re interested in owning a home this year, give us a call at (215) 493-3752.
Many borrower’s are more than qualified to make a mortgage payment, have credit to qualify but, simply do not have the necessary funds required for a downpayment.
Many borrower’s are more than qualified to make a mortgage payment, have credit to qualify but, simply do not have the necessary funds required for a downpayment.
At Bank of England Mortgage, we understand the challenge and offer multiple 100% financing solutions that require no downpayment.
VA Loans offer 100% financing for Veterans and their spouses, if applicable, to purchase a home with their VA Eligibility. No downpayment is necessary up to the lending limits in the area the veteran is purchasing a home ($484,350 in most of the US), USDA loans offer 100% financing for borrower’s to purchase real estate under their Rural Housing Program. This program has geographic limitations and, while there is no loan amount limit, there is an income limitation that is set by area.
FHA Loans – Bank of England Mortgage offers borrowers second mortgages for downpayments on FHA loans. Through our special program, borrowers who qualify can borrower up to 3.5% of the purchase price of their property – the same amount as the required downpayment on an FHA loan.
If you’ve been dreaming about homeownership but, you can’t seem to get your downpayment together, give us a call at (215) 493-3752 to see if one of our 100% financing solutions can work for you.
Bank of England Mortgage’s Vacation-Second Home Mortgages offer a broad array of fixed, adjustable, and interest-only options.
Bank of England Mortgage’s Vacation-Second Home Mortgages offer a broad array of fixed, adjustable, and interest-only options. We work together with our clients to identify the ideal mortgage for your vacation home.
Get your Bank of England vacation home mortgage loan and make your dreams a reality – backyard barbecues and sunsets by the lake. Fun-filled relaxing fishing trips with children and grand children. Exciting family skiing vacations. A lifetime of memories.
Multi-family housing, that with 2, 3 or 4 units are great opportunities for home buyers or real estate investors.
Multi-family housing, that with 2, 3 or 4 units are great
opportunities for home buyers or real estate investors.
Multi-family housing where one of the units is occupied by
the borrower can be financed as a Primary Residence and income from the rented
units can be used to offset the mortgage payment. Multi-family housing can also be purchased as
an investment property when the owner will not be occupying one of the units.
Either way, the income from the rented units presents a great opportunity to offset expenses and build wealth. Your tenants are paying or helping to pay your mortgage payment while you are enjoying the appreciation on the property.
At Bank of England Mortgage, we know how busy a time it can be when you are buying your home.
We pride ourselves on making mortgages easy.
At Bank of England Mortgage, we know how busy a time it can
be when you are buying your home. That’s
why we like to make things easy by getting the mortgage “out of the way”. We do a FULL Pre-Approval, not merely a
Pre-Qualification. This means we will
collect all of your documents and process your file before you find your new
home so that once you do, we can leave you alone.
After all, we know you have plenty to do; things like pack your belongings, plan your first party, decide upon colors for the wall, etc.
