Monday, March 5, 2007

Creative Financing

Many first time homebuyers and buyers with less than perfect credit often feel like they have little or no options when buying a home. In a previous blog entry I listed the benefits of using a mortgage broker. If you go into a bank and they deny your loan, the banker will get paid regardless. Brokers can be very creative when it comes to financing. We work with literally hundreds of lenders and can usually find a spot for everyone. Interest rates are still very low and the market is very soft. Now is the time to buy even if you have less than perfect credit or very little money for a down payment. Until tomorrow……

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