By Kay Wilson-Bolton
November 28, 2005
Where there is a will to buy a home, someone will find a way to make it happen.
Pro-line Mortgage has introduced the new 45-year mortgage, a wonderful option for buyers to have lower monthly payments and to help qualify for a larger home.
As interest rates creep up, the 45-year loan compensates for the increased payment so that buying power is sustained.
The most impressive feature of all is we can close these loans in as little as 5 days.
We will be holding a public seminar over the holidays to help consumers understand credit issues, how to repair “cracked credit” and provide updates on unique loan programs. Call 805.340.5025 to find a seminar near you.
Agents new to the business are expressing alarm over the shift in market activity. History shows that the shift is seasonable, expected and normal. Predictions are still for a strong market in 2006.
While the holidays are usually a time for taking stock of the year past and looking to the year ahead, it can be a wise time to enter the real estate market and take advantage of softer prices.
We have discovered new ways to deal with “cracked credit” and our mortgage experts know how to evaluate the issues, triage them and within a few weeks, improve your credit score and your interest rate!
Mortgage interest rates have risen over the past few weeks but help is here! Most analysts believe this trend will continue throughout the near future. It certainly is a good time to get educated on these factors so that the housing market does not leave you further behind.
Call our mortgage experts Kenny Minkel at 320.7898, Scott Gilman at 818 438-7719 or Michael O’Connor 805.371.2647
Kay Wilson-Bolton is the owner and Broker of CENTURY 21 Buena Vista and brings a regional perspective to local issues. She can be reached at 805.340.5025.