Lone Star Financing – Blogs
The Federal Government had its citizens captivated with the anticipation of the Senate’s $15000 tax credit that was quickly rejected in committee. This credit generously provided homebuyers – not just first-time homebuyers – with a tax credit of up to $15000. Instead, negotiations on the bill increased last year’s $7500 housing credit by $500 resulting
Clearly the federal government wants its citizens engaged in the housing market again. As part of the original 2009 stimulus package, a 15000 tax credit for homebuyers is emerging as an incentive for those who are considering this investment. The $15000 tax credit bill is yet to be a federal law, but its passage in
As of February 6, 2009 Fannie Mae expanded the financing options for borrowers of investment in rental property and second home borrowers to finance up to ten properties if specific eligibility requirements and financial prerequisites are met. Thus, Fannie Mae has realized the importance that investment in rental property has on our economy. Previous investment
As a presidential candidate in 2008, Barack Obama announced an immense stimulus package proposal of $175 billion. After taking office, President Obama is now considering a much larger proposal package that could exceed $500 billion. There are a few stipulations in this proposal that President Obama has considered in past proposals that could directly affect
Congress created the $7500 tax credit incentive to help first time home buyers get into a home and stimulate the housing market and economy. Their rationale is that it will help stabilize home prices and increase home sales. First time home buyers purchasing a home between April 9, 2008 and before July 1, 2009 are eligible
Borrowers Certification and Authorization: Authorizes our company to pull a credit report and obtain any other information we may need to process loan. Also, all the information that you have provided is true to the best of your ability. Fair Credit Reporting Act / Right to Financial Privacy Act of 1978 / Flood Disaster Protection
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No matter what part of Texas you live in, Lone Star Financing has the resources to serve you. Specializing in New Home Loans; FHA and VA mortgages; and Mortgage Refinance. Find your city below and discover how we’ve helped your neighbors finance their homes!