Mortgages

The Myth about Mortgage Tax Deduction

Numerous people think that mortgage interest deduction is one of the major benefits that you will get if you buy a home. Although this is not entirely wrong, keep in mind that just like all other financial rules, this statement is not universal and it does not apply to everyone. However, not everyone knows this [...]

Tagged as: mortgage interest deduction, Mortgage Tax Deduction

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What is a No Documentation Mortgage Loan?

by Kyle Berks Mortgages

When it comes to getting qualification for a home loan, you typically will need to have a good or excellent credit score and a minimum of two years of verifiable income. Conversely, individuals who are self employed or who make the majority of their income on commission and those living off of the interest from [...]

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Pre Foreclosure Stage: The Best Time to Buy

by Kyle Berks Mortgages

Every month, an average of three hundred thousand foreclosure filings in the United States alone makes it absolutely scary for the average owner to think about maintaining a home. But for others, including real estate companies and investors, they see it as an opportunity to buy properties at a low price and at the same [...]

Tagged as: Pre Foreclosures Stages