Hart Mortgage Services » Florida Mortgage University-Free Homebuyer Tips

Homebuyer Tax Credit Expires on June 30th 2010!

Tim Hart--Hart Mortgage Services — Tue, 26 Jan 2010 11:54:48 +0000

This is just a reminder to all potential homebuyers and investors about the Home Buyer Tax Credit.

You must have a signed contract by April 30th 2010 and closed on your home by June 30th 2010.

Here is the timeline for a typical home buyer in our market so you can be prepared.

Pre-Approval Process: 24 to 48 hours

Shopping for a home and having your contract accepted: 30-60 days

Loan Underwriting and Closing: 30-45 days

As you can tell by our timelines the total process can take well over three months.

If you want to buy a house and need financing the time to start the home buying process is February 1st or even better TODAY.

This gives you enough time to get the home you want and close your loan on time.

With whole country trying to close their loan before the June 30th deadline to take advantage of the amazing tax credit you don’t want to be stuck in the middle of that log jam!

Let’s get started today! Use our Free Purchasse Assistant to start the pre-approval process.

Click Here to get Pre-Approved!

There are now two different tax credits available for home buyers.

The original tax credit is the First Time Home Buyer Tax Credit and you can receive a tax credit up to 10% of the sales price or $8,000 whichever is less.

Click Here to learn more: First Time Home Buyer Tax Credit

The newest Tax Credit is for Move Up/ Repeat Home Buyers. You can receive up to 10% of the sales price or $6,500, whichever is less.

Click here to learn more: Move up/Repeat Home Buyer Tax Credit

Hope this helps you make an informed decision and please call me with any questions or concerns.

You can reach me at 239-437-4278 ext 11 or on my cell phone at 239-910-5668.

Good Luck!

Tim Hart

Florida Mortgage University- Have Your Mortgage Documents Ready!

Tim Hart--Hart Mortgage Services — Tue, 03 Mar 2009 20:43:40 +0000

When you apply for your new Florida Mortgage you will be asked to provide Hart Mortgage Services required financial and personal documents so that your loan can be pre-approved. This step needs to be done if you need a mortgage so you should start gathering these documents up now if you are a serious home buyer.

Hart Mortgage Services will separate the required mortgage documents into two types of borrowers and you can click the appropriate category.

W-2 or Salaried Employee Document ChecklistSelf Employed or Commission Borrowers Document Checklist

The sooner you get all of your mortgage documents together the sooner your Hart Mortgage Services Loan Officer will be able to finalize your pre-approval. You are now on your way to owning your own home and finalizing your pre-approval.

**Check out the next lesson from Florida Mortgage University**

Be Honest with Your Florida Mortgage Broker

Florida Mortgage University- Use Our Free Florida Mortgage Calculator!

Tim Hart--Hart Mortgage Services — Fri, 20 Feb 2009 14:27:40 +0000

Hart Mortgage Services is happy to offer to all of it’s Florida Mortgage clients our Free Florida Mortgage Calculator so that they can calculate their own payments. This tool will help you in understanding what type of loan amount you feel comfortable with.

Our Mortgage Calculator has many different options including: Mortgage Payment, Rent vs. Own and Interest Only. Please use these tools to help you prepare for the next step in your pre-approval process.

Read the entire article here: Use Our Free Florida Mortgage Calculator

Please check out the next Florida Mortgage University lesson: Have Your Mortgage Documents Ready

Florida Mortgage University-Be Prepared Explain Your Past Credit History

Tim Hart--Hart Mortgage Services — Wed, 18 Feb 2009 21:27:16 +0000

Hart Mortgage Services in it’s ongoing section called “Florida Mortgage University” would like to share a home buying tip with you.

You will want to be ready to explain your past credit conditions if you have any. Hart Mortgage Services will require you to explain these events with a Letter of Explanation or better known as an “LOE”.

You can review the whole article by Clicking Here.

Feel free to read the rest of Hart Mortgage Services informative section called “Florida Mortgage University”

Florida Mortgage University- Know Your Credit Health

Tim Hart--Hart Mortgage Services — Mon, 16 Feb 2009 20:05:10 +0000

This is one of the first installments from Hart Mortgage Services which is called “Florida Mortgage University”. This is made for anyone that is pursuing a Florida Mortgage. We hope you enjoy this helpful tips and that it makes your loan process smooth and easy!

Know Your Credit Health!

Your credit score is one of the most important pieces to you obtaining your Florida Mortgage. Hart Mortgage Services will use your Credit Score as it’s main tool in judging your ability to pay back the mortgage along with your income. Every bank that is offering mortgages want to have a loan that pays them back on time and according to the terms and great credit is the right first step!

Check out the rest of this helpful tip from Hart Mortgage Services- Know Your Credit Health

Please review the other lessons from Florida Mortgage University by Clicking Here!