•                   "40 YEARS FHA LOAN IS COMING YOUR WAY STAY TUNE ",Maria Del Carmen Sanchez

    "40 YEARS FHA LOAN IS COMING YOUR WAY STAY TUNE "

    Homeowners and potential home buyers! Today I am excited to announce that the Federal Housing Administration has added a new 40 year mortgage modification option for borrowers. More information on this loan product will be released the month of May so stay tune on my page. This new loan option will

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  • What Should you know about applying for an FHA Mortgage?,Maria Del Carmen Sanchez

    What Should you know about applying for an FHA Mortgage?

    FHA home loans differs from their conventional counterparts in many ways including a lower dowm payment requirements, generally more forgiving credit requirements, and occupancy rules. With a minimun of 3.5% if the buyer credit score is 580 or higher. FHA loans tipycally requires borrowers to occupy

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  • 5 sweet tax deductions when selling a home ,Maria Del Carmen Sanchez

    5 sweet tax deductions when selling a home

    1. Selling costs are allowed as long as they are directly tied to the sale of the home, and you lived in the home for at least two of the five years preceding the sale. 2.Home improvements and repairs If you needed to make home improvements in order to sell your home, you can deduct those expenses a

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