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Real Estate Purchase
With your goals in mind, a Personal Mortgage Consultant will explore several strategies to find the mortgage that complements your financial needs.
When determining a home financing solution, you would need to consider location, renovating plans, investment goals and of course tax benefits. EXIM Financial Lending Institution, Inc, offers a wide variety of financing to meet the needs of each individual and or business:
- Up to 80% Financing
- Up to 70% Financing for Foreign Nationals
- Fixed and Adjustable Rate mortgage
- Interest only
- Stated Income verification
When financing Real Estate, increasing your mortgage interest deduction may best suit your overall financial plan. You may consider a mortgage that can increase your interest deductions and bring long term overall savings. Most mortgages require substantial cash down payment. In addition, you may have to purchase additional mortgage insurance if your down payment does not meet twenty percent of the purchase amount. Many of our Mortgage programs have the availability not to pay the additional Mortgage Insurance, in such event sometimes your interest may increase but overall saving may apply due to additional tax deduction.
Real Estate Financing
With your goals in mind, a Personal Mortgage Consultant will explore several strategies to find the mortgage that complements your financial needs.
When refinancing, you would need to consider which program best suit your needs. Looking for the lower interest rate is a great motivator but not always is that the best way to go. Each individual needs to consider their financial needs, terms, conditions and desired benefit of refinancing.
To determine which refinance option is suitable for you, you need to factor in many variables, including how much longer you'll be in the home or business location, economic condition and cycles, and your long-term investment goals. Depending on your situation there are varies refinancing options to consider like: Lowering your interest rate, Changing term and condition, Fixed or adjustable rate programs, Cash-out refinancing.
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Residential Financing
