| Quick Mortgage Rates: | |
|---|---|
| 30 Year Fixed | 5.4% |
| Traditional 30 year mortgage - National Average | |
| 15 Year Fixed | 4.9% |
| Traditional 15 year mortgage - National Average | |
| 5/1 ARM | 5.01% |
| 5 Year Fixed / Adjustable Rate Mortgage - National Average | |
| 3/1 ARM | 4.91% |
| 3 Year Fixed / Adjustable Rate Mortgage - National Average | |
Mortgage Nashville
If you live in the Williamson County area please read my column "Ask the Expert" in the Williamson Herald. It talks about Mortgage concepts and the ideas of Certified Mortgage Planners. As a Certified Mortgage Planner we are much different that that of a traditional loan officer. Please read about it in my about us page.
If you are looking to find out how much your monthly payments will be click here!
Now is the perfect time to take advantage of low interest rates on mortgages and an exceptional market. Feel free to apply online, browse our calculators and tools, learn about our loan programs, and much more. We offer custom solutions for every residential mortgage financing situation. Whatever your residential financing needs, whether you are seeking a mortgage in Nashville or not, we will tailor a loan that's right for you. Click here to bookmark this site for easy return when you're ready for a low-interest Nashville mortgage.
Highlighted Programs
USDA rural housing is a fantastic mortgage option!! USDA's Rural Housing loan allows you to finance up to 102% of the appraised value with NO mortgage insurance. This program is very flexible with credit scores and credit history. I urge Realtors and buyers to ask me more about this great product.
We do Jumbo loans at PrimeLending with great rates!!!! Currently there are not to many lenders who offer Jumbo products. We have two products and can lend up to 2 million dollars. Our other Jumbo product will allow you to go up to 85% Loan To Value. If you are in the jumbo market please contact me.
Of course we have FHA, this is a great program as well and can be structured in several ways to help assist the buyer achieve homeownership.
There are now programs available that allow you to use your tax credit of $8,000 to go towards down payment and closing costs at the time of closing. Call me to learn more.
Great Interest Rates and Quotes
Look no further for the best rates along with the best service. We are here in Nashville to help make purchasing a new home, refinancing your current home or other mortgage issues as easy as possible. Use our online application process to prequalify or fill out our full application to speed up the mortgage application process.
FIRST TIME HOMEBUYER TAX CREDIT
On July 30, 2008, President Bush signed a major housing bill (H.R. 3221) into law. As part of the housing bill, Congress has created a new, temporary tax credit to provide and incentive for first-time homebuyers. the $8,000 credit will be available for the purchase of a principal residence on or after April 9, 2008 and before December 1, 2009.
How does a tax credit work?
Tax credits are special provisions that reduce income tax liability on a dollar for dollar basis. Credits are claimed on an individual's income tax return. In this case, Congress has created a tax credit for first-time homebuyers. The maximum credit amount is $8,000. Thus, if after figuring out all the income items and exemptions and making all the required additions, subtractions, deductions and other items on a tax return a person had total tax liability of $8,000, $8,000 would wipe out all of the tax due. This new tax credit is a so-called "refundable credit". Thus, if the actual tax liability was $2,000, the purchaser would receive a tax credit refund of $6,000.
Who can use the new tax credit?
Only first-time homebuyers are eligible to use the credit. A first-time homebuyer is defined as an individual who has not had ownership interest in a principal residence in the previous three years. The 3-year period is measured as of the date of the purchase of the eligible principal residence.
Please call me or email me for other FAQ. Also, please visit the loan program tab for other programs that help with closing costs and downpayments.
TESTIMONIALS
"Joey was incredible throughout the loan process. He truly overdelivered and there were no surprises. Thanks for all the help." -Brandon
"Hi, my name is Mary and I am realtor. As a realtor I could not have asked for a better experience with my personal loan. I also refer Joey to my clients, because I know he will take great care of them. He goes above and beyond to ensure the clients are happy." -Mary, Realtor
"Joey's knowledge of the industry is very impressive. He recently helped one of my clients purchase a home with no money out of pocket by structuring an FHA deal properly." -Mike, Realtor
"Joey was able to help me consolidate my credit card debt by refinacing my current loan. I managed to save over $500 a month." -Cher M.
See Joey Barbera's article on Reverse Mortgages or contact Joey for information on a Nashville mortgage.
