When spring time comes around each year, the housing market seems to go up. With the new life blossoming all around, many folks begin to feel restless, therefore, people feel motivated to move in the springtime. The prices of real-estate usually go up at this time of year too, because the housing sales are that predictable.
When it comes to buying a house though, a lot of decision-making is made and lots of careful planning is done – far more than when simply getting a dog or a car. Often times, deciding on a home can be a huge undertaking. So many questions must be answered. Is this right for our family? Does this house suit our needs? Does it fit our budget? Is this the right neighborhood? Is this a good school for our children?
But before the offer is made official, the money for the new house needs to be available. Even before the final decision is made, the funds need to be ready. If you do not have the money on hand, however, you will need to find a way to get it so the deal can go through.
But what happens when you do not have enough money in your account? When you do not have sufficient funds in the bank, you need to get a loan from a bank. Borrowing money temporarily is a big responsibility because it all needs to be paid back, with interest, by the predetermined time.
So once your decision is made to buy the house, the sellers want their money and papers must be signed.
The key is to find a bank that will give you a good, affordable rate when taking out a loan. Kloze home loans make it a point to offer our clients affordable loans for homes and vehicles.
We are proud to be NHL Lending – we will fit your budget
We not only accept the challenge, but we make it our priority to be sure that we provide you with the cheapest loan options. We want to work with you and are not satisfied until you are. No games, no tricks, no gimmicks. Our consultations are free, so call today.
What are the NHL lending benefits?
We offer many great deals for our clients to take advantage of. Given our expertise, we know how to find financial marketing events that benefit you. We know how to by-pass the “turn-around time” and the process delays that always come with things like this. We guide you to solutions and help make decisions easier for you. We will keep you updated from start to finish, so we are all informed and there are no surprises.
We also offer Veterans’ Affair Loans: while the VA does not issue the loans itself, it will, however, issue a certificate of eligibility to the veteran, which is required to apply for a VA loan. Reverse Mortgages are another service we offer. Conforming Loans are yet another deal we suggest: fixed-rate mortgage, 30 years fixed rate mortgage, 15 years fixed rate mortgage, adjustable rate mortgage (ARM), and conforming 5/1 ARM. FHA Loans are still another possibility, too. Jumbo Loans are another option, however, the cost of such a loan is higher, and so is the interest on it. We even provide reverse mortgages for those who qualify.
How does our reverse mortgage in Fort Lauderdale work?
If you are 62 years old, or older, and are having financial difficulties, you could qualify for our reverse mortgage. This means that a portion of your home equity could be available to you without you having to move, however, there are some stipulations attached to this mortgage loan that usually makes it a last resort. The good news is though, that your income from this mortgage is considered non-taxable income. The loan is paid off when the borrower moves
The good news is though, that your income from this mortgage is considered non-taxable income. The loan is paid off when the borrower moves out or passes away. Just think, instead of paying a bank back each month for their loan, you are being sent a check every month.
We understand that loans can be tricky and can get confusing. That is why are here to make this as easy and hassle-free as possible!