home loans – mortgage refinance second mortage

November 5, 2010

Loan Expert Gives Construction Loan Advice to New Home Owners

Filed under: Home Loans — Tags: , , , , , , — admin @ 8:42 pm


San Diego, CA (PRWEB) September 25, 2006

Home owners considering utilizing for a construction loan will happen many utilitarian tips in the fresh ebook, “15 Things You Should Know Before You Even Think About Applying For A Construction Loan.” Each year millions of Americans make up one’s mind their dream home is a newly constructed residence, often reconstructed just for them. Maneuvering their way through loans, plans, contractors, government requirements, licenses, and paperwork can often go nothing little of a nightmare

“Armed with a few important tips, prospective home owners can easily find their way through the maze,” says Rick Gomez of NationwideConstructionLoans.com, who has been in the construction loan business for more than 20 years

Gomez says the first step is to buy the land your home will go on. “Most people search for building plans first. That can be a mistake. Things will travel much faster and you’ll get better loan terms if you go about procuring your land first along with a pre-approval for the construction loan,” Gomez stated

While most new home owners approach their bank for a loan, Gomez said a loan broker is a better bet. “Going to your bank for a loan is like going to a Ford dealer to buy a car all your choices are going to be Fords. A broker has access to many antithetic types of loans from antithetic sources and can tailor the loan to your needs,” Gomez said

These tips and many more are included in Gomez’s e-book, which explains how new construction loans work. The book has been wildly popular with consumers and is available free for download at http://www.nationwideconstructionloans.com

“Read through my e-book, and I guarantee you’ll know more than the loan officer when you go in to get your loan,” Gomez said

NationwideConstructionLoans.com is projected to assist consumers happen the best construction loans, regardless of where they selected to get their loan. The site also teaches brokers and loan officers how to render their clients with the best construction loans. Additionally, the site features many accommodating links to other resources. Prospective home owners also have the option of working with NationwideConstructionLoans.com’s sister company 1st Metropolitan Mortgage

“Building a fresh home is definitely the best way to personal your dream home. We’re here to make the process as easygoing and appreciated as accomplishable,” Gomez stated

Potential home owners looking for more information on construction loans should visit www.NationwideConstructionLoans.com or www.CaliforniaConstructionLoans.com

Contact:

Rick Gomez

619-222-1059

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More Home Loans Press Releases

January 31, 2010

Can someone recommend a mortgage company that gives loans to people with poor credit and a past BK in Cin?

antwon c asked:


My husband and I would like to purchase a home but are credit scores are around 490. My husband filed Bk in Feb 05, it has since been paid off. We have no car payments, credit card payments, and no medical bills. Are dept to income should be fine. We no that we are going to pay a slightly higher rate, but we don’t want to be taken advantage of. Any recommendations and or advice would be appreciated.

SERGIO

November 14, 2009

Whats the best and quikest way to pay off high rate second loan on first home purchase?

Filed under: Renting & Real Estate — Tags: , , , , , , — admin @ 1:52 am
Dwan J asked:


I just purchased purchased my first home for $181,900. I put 10% as a down payment$18,400 plus $500 ernest money. I had only 10K on hand a had to borrow the other 8K from another lender. My question with the 10% down payment does that give me some kind of equity if so when can I refi to get some cash to pay off the high interest 8K loan. Or could I get another loan at a lower rate and pay off the higher rate loan. I need some advice on the best way to go about this. Because we can handle the mortgage and the loan but want to get out of it as soon as possible. All serious suggestions are appreciated

DEANDRE

December 20, 2008

my credit score is 645 and my wife. is 697.what is the best rate. that I qualify for a refinance mortgage loan?

Reid M asked:


I seem to be having a problem qualifing for a good rate loan.Do you have any advice for me?

SON

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