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First Time Buyers >Choosing A Lender

When you are buying a new home or refinancing your present one, it is wise to do some comparison shopping among lenders. A low interest rate isn't the only criterion by which to evaluate a loan. You should also consider the terms of the mortgage, what your closing costs will be and the reputation of the lender.

Real estate agents are a good source of information about loans and lenders, whether you are buying a home or just refinancing your present home. We routinely assist buyers when they need a mortgage in order to purchase a home. We know what loan packages are available and the qualifying requirements. The companies with the lowest rates sometimes have very conservative underwriting guidelines, and may not be willing to make loans on certain types of property or to buyers who are marginally qualified. We can tell you which companies and loan officers will go the extra mile to provide excellent service to make sure that the transaction closes.

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Q	What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?
A	One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million.
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The Bennett Group, REALTOR®, real estate agents and broker for Greensboro, Oak Ridge and Summerfield, North Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Lisa Bennett
The Bennett Group
RE/MAX of Greensboro
204 Muirs Chapel rd., Ste # 302
Greensboro, NC 27410
Office: 336-346-1261
Direct:: 336-669-1156
Email: clientservices@thebennettgroup.com
Email: thebennettgroup@NUMBER1EXPERT.com
The Bennett Group is dedicated to providing outstanding real estate services.

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