Posts by admin

  • Drop in Homeownership Rates

    August 2nd, 2016 by admin

    Posted in Homeownership |

    Tags: ,

    Homeownership rates drop to 62.9 in the second quarter of 2016, matching the lowest ever recorded rate by the U.S. Census Bureau in 1965. According to the U.S. Census Bureau; in April-June of this year, approximately 87.3% of housing units within the United States were occupied, leaving roughly 12.7% vacant. Of the occupied housing units, only about 54.9%…

  • Down payment for your new home

    August 1st, 2016 by admin

    Posted in Mortgage Monday |

    Down Payment is a  payment made by the home buyer that goes towards the property purchase price. This can range anywhere from 3-20% of the overall purchase price of your home. The remainder of the sales price after you pay your down payment is what makes up the mortgage loan! Do you not have much…

  • Purchase your home with just 1% down!

    July 15th, 2016 by admin

    Posted in first time buyer |

    Purchase your home with just 1% down! Coastlend Mortgage Is Excited To Offer The Conventional 1% Down With Equity Boost Loan Program! How would you like to be able to purchase your your dream home with the equivalent of only ONE MONTH’S RENT? Here’s how it works: You put down 1%, your lender contributes 2%*, giving you…