Home Purchase Loans - Financing New Home Opportunities
After you are done shopping new home loans, compare the terms and rates and you will be pleasantly surprised with our home purchase loan products including financing for first time home buyers. Home Loan Magician offers new home mortgage options for FHA and 80-20 mortgage financing that require zero down-payments for 1st time homebuyers. Consumers can choose from 30-year fixed home loans to the popular pay option arm that defers the interest with negative amortization and offers a reduced monthly payment for an introductory period. Most lending insiders suggest getting purchase home loan with a fixed interest rate so that you can budget your housing expenses accurately.
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Home Purchase Loans offer many benefits:
- Financing for home loans up to 4,000,000
- Fixed Rate, Hybrid ARM Loans offer more choices
- Research first time home buyer loan programs
- Borrowers can find a new tax deductions with mortgage interest paid
- Homebuyers can earn tax free equity in their home up to $500,000 every 2.5 years
- FHA offers great financing for first time home buyers
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