Real Estate Home Loans in Boise Idaho, Waterstone Mortgage - Prime Equity Group

News for Boise Idaho First Time Homebuyers, Realtors and issues facing consumers looking for real estate loans. (FHA, IHFA, Idaho Housing, VA Conventional, Jumbo, ARMs, Tax Credit Updates, First Time Homebuyers)

New First Time Homebuyers Are In The Waiting

A new survey by Trulia.com found that 72% of all renters wish to own their own home. Of those that want to own their own home, one third are ready to buy now and two thirds say that they will wait two years or more. 

New First Time Homebuyers Are In Boise IdahoOne-third is a very sizable number and combined with consistently low mortgage rates at or near their historic lows, the stage is set for entry-level home sales to continue to surge.  As the entry-level market continues to improve, that provides demand for those that are moving up to the next price level. 

While renters are eager to own, they are concerned about the unemployment picture, the economy, and down payment options.

Please see my upcoming posting, 100% Financing available for Idaho First Time Homebuyers

Dean Tucker Mortgage Banker Waterstone Mortgage Prime Equity Group

I specialize in home loans for first time home buyers, move up buyers, second home purchases, and resort lending. The loan products available to my clients include FHA, IHFA, VA, Conforming Conventional, Jumbo and Super Jumbo Portfolio.

My primary markets are Ada County (Boise, Eagle, Meridian, Kuna, Star), Canyon County (Nampa, Caldwell, Middleton), and Valley County (Cascade, Donnelly. Tamarack, McCall).

Apply On-line  Waterstone Boise Website Idaho Mortgage on Twitter

 

1 comment • Dean Tucker (Mortgage Banker) • August 25 2010 11:58AM

Idaho first time home buyers have an option that is even better than FHA!

 The Idaho Housing and Finance Association (IHFA) have launched a new program to make homeownership a reality through its IdaMortgage program. The new Affordable Advantage Loan offers a down payment as low as $1,000, and has no mortgage insurance requirement, saving qualified borrowers money on the mortgage payment every month.

"This IHFA exclusive financing option is a great tool for homebuyers as the housing market in Idaho continues its recovery," said Gerald Hunter, IHFA president and executive director. "It offers another affordable lending option for low- to moderate-income homebuyers across the state."

Features of the Affordable Advantage Loan include:

  • As little as $1,000 needed from borrower to close
  • A low-cost, 30-year fixed interest rate 
  • No mortgage insurance required, reducing a borrower's monthly payment 
  • Financing to first-time homebuyers (including those who have not owned a home in the past three years) with good credit histories, requires a 680 
  • Income limits apply 
  • Loans are serviced in Idaho by IHFA

 

Home buyers should call me today at (208) 287-1717 to check their eligibility, or visit IdaMortgage  www.IdaMortgage.com

Dean Tucker Mortgage Banker Waterstone Mortgage Prime Equity Group

I specialize in home loans for first time home buyers, move up buyers, second home purchases, and resort lending. The loan products available to my clients include FHA, IHFA, VA, Conforming Conventional, Jumbo and Super Jumbo Portfolio.

My primary markets are Ada County (Boise, Eagle, Meridian, Kuna, Star), Canyon County (Nampa, Caldwell, Middleton), and Valley County (Cascade, Donnelly. Tamarack, McCall).

Apply On-line  Waterstone Boise Website Idaho Mortgage on Twitter

 

1 comment • Dean Tucker (Mortgage Banker) • June 14 2010 03:55PM