My New Blog

At Empire Home Mortgage Inc. we have an increase of 20% in Mortgage Loan applications. Personally, I believe that we are at or near a bottom of home prices and that prices have stabilized.

 In our Florida office, we are seeing short sales of houses that were purchased 3 years ago for $330,000 selling for $110,000. First time home buyers are entering the market having decided that now, with rates low and prices down, is a great time to become homeowners.

 We have access to first time homeowner down payment assistance programs in Nassau and Suffolk Counties in New York. These can add $15,000 - $25,000 to your downpayment. There are conditions as far as income limits and credit scores. You also are entitled to an $8,000 first time home buyer's tax credit from The Government. This is all free money!  

  The spring market is upon us and now is the time to perhaps make the leap to become a Homeowner. Take a look at our website, www.empirehomemortgageinc.com . You can view rates, get answers to your financing questions and even look for foreclosed properties.

 The most important thing is to know your middle credit score and how much home you can afford. Call us! We answer our phones seven days a week until 9 PM. We are a mortgage brokerage business Licensed with the Florida and New York State Banking Departments and our loans are arranged through third party providers.