Tax Benefits for Homebuyers in Kennett Square, PA: What You Need to Know
Did you know that buying a home in Kennett Square, PA, also gives you some government benefits when you file your taxes? While most first-time homebuyers don’t realize it, there are ways to reduce your tax liability through federal tax credits. These homebuying financial benefits in Kennett Square can make a big difference in your […]
The Impact of the Local Economy on Mortgage Rates in Chester County
Many homebuyers who are getting ready to start shopping for a home forget just how intertwined our local Chester County economy is with the broader mortgage industry, specifically interest rates. If you’re attempting to time the market perfectly or avoid higher interest rates, it can be helpful to understand the factors that impact the housing […]
Comprehensive Guide to Navigating Jumbo Mortgage Loans in Exton, PA
With soaring real estate prices, conventional loans may not be enough for some home buyers who are looking for a bigger, more expensive home. If your home price is above a certain limit set by the Federal Housing Finance Agency, you’ll need a jumbo loan. But what is a jumbo loan, and how can you […]
Guide for First-Time Home Buyers | Chester County Real Estate
You’ve been scoping out the housing market, and you’re finally ready to buy your first home in Chester County, PA. If you’re not sure where to start, we’re here to help. Buying a home is usually the biggest financial purchase a person will make, so it’s natural to be a bit intimidated by the process. […]
Mortgage Rates Unveiled: Expert Advice from West Chester Pros
Countless factors go into determining your mortgage rate for your new home — from market fluctuations to individual terms of your mortgage application. It can be confusing to determine exactly what your mortgage rate will be. But when you work with the best mortgage lenders in West Chester at Penn Street Mortgage, we’ll provide you […]
Mortgage Insurance Explained: Savings Tips & More
Whether you’re a first-time homebuyer in Chester County or looking to refinance, understanding mortgage insurance is an important part of navigating the home-buying process. A lot of buyers can overlook this cost when they begin to calculate their monthly expenses, which is where our mortgage calculator in PA can come in handy. While private mortgage […]
Credit Score Impact on Mortgage Rates: Secrets Revealed by Philadelphia Mortgage Brokers
You probably know that your credit score is important when buying a home. But how does your credit score impact your home loan process? The better your credit score is, the better terms and rates you will get for your home loan. This will save you money over the length of your mortgage. At Penn […]