Commentary
How Georgia Homeowners Can benefit from the New Home Loan Programs
The Federal Making Home Affordable Program has created a number of home loan programs that will help keep Georgia families in their homes, stabilize Georgia’s communities and assist Georgia homebuyers during these troubled times. Under these new home loan plans, Georgia homeowners can:
- Refinance their mortgage to a new, lower, fixed interest rate.
- Refinance even with declining property values.
- Refinance with lower income and asset verification requirements.
- Refinance Multiple Investment Properties.
Tax Credit To Help Georgia HomeBuyers
In the midst of one of this countries deepest recessions comes one of it’s greatest opportunities, for new homebuyers. With mortgage rates and housing prices at an all time low, there has never been a better time to buy a new home. And The American Recovery and Reinvestment Act of 2009 has provided yet another tool to help Georgia families on the road to homeownership. Along with securing a home loan and a good real estate agent, Georgia Homebuyers should begin planning now to take advantage of a new tax credit that will supplement, or even provide, the downpayment for that new home.
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