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Financing Your Home >Shopping for the Best
The most important thing to look for when you are shopping for a mortgage is the interest rate, right? Not necessarily. There are many other factors to consider, including the lender's charges for making the loan, the terms under which the loan will be approved, and the lender's reputation for timely completion of loan applications to meet purchase agreement deadlines.
When real estate agents are involved in sales transactions, they don't tell buyers which mortgage companies to use. They can provide the names of established lenders who have provided good service to their customers. They can give general information about the different mortgage options that are available today. Using a low interest rate as the main criteria for choosing a mortgage could cost you money--and perhaps the home you want--if the company cannot deliver on its promises.
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What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?
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| A |
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million. |
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Craig Lightle & Team Premier Properties LLC 400 West Benson Blvd. #201 Anchorage, AK 99503 Local: 907-929-7806 Fax: 907-868-9068 Toll Free: 877-868-9700 craiglightle@NUMBER1EXPERT.com
Real estate expertise and over a decade in the real estate field make Craig Lightle a highly sought-after professional. "With the confidence of having over 80% of my business coming from repeat clients and their referrals, I am confident that I will make you my next client for life."  
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