Mortgages For Teachers

The Benefits to home ownership

• Tax benefits will come your way. Interest on your mortgage loan is deductible on your federal tax return.

• If you have less than perfect credit but enough income to make payments, this type of program can provide a home loan as well as an opportunity to re-establish good credit.

• When your property values increase, or when you make improvements your home, you will build equity in your property.

Why should you choose a broker over a bank or other lending sources?

• Money Saving: Banks give you what they have, brokers shop for the best loan available which mean the best rates and terms for you. Often, banks cannot compete with wholesale lenders.

• Variety of Programs: brokers shop around, we have access to a range of programs that borrowers have never heard of, as a result Halpern & Associates can match your needs with the right finance package.

• Halpern & Associates can put in writing your pre-approved mortgage amount. This way both your agent and the sellers know you are a qualified candidate.

Other Mortgage Programs Available

• Fixed Rate Programs - Including 10, 15, 20, 25 and 30-year terms.
• Adjustable Rate Mortgages - Involving 1, 2, 3, 5, 7, and 10-year fixed initial periods.
• Bridge Loans - These loans assist in purchasing a new home before selling the old one by accessing the equity in that home-for-sale.
• Construction Loans - Whether it be new construction or remodeling, numerous programs are available to fit your specific needs. With extremely low down payments and more liberal underwriting guidelines.
• No Income Verification Loans - For those individuals who either prefer not to verify or may have difficulty verifying their income, this program allows easy qualification assuming an acceptable credit history.

• First-Time Buyers - Offered with as little as 0% down payment.

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