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Welcome > Local Info > Orlando, Conway and Belle Isle Information ...

About the Orlando, Conway and Belle Isle, Florida Area

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School Reports in Orlando, Conway and Belle Isle, Florida

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Schools in Orlando, Conway and Belle Isle

Interest Rates >Second Home Financing

You have returned every year to your favorite vacation area, and have finally decided to buy a second home in the special place where you enjoy your holidays. It is an excellent time to apply for a mortgage loan to make your purchase.

The climate for second home mortgages is the most favorable in years. Low interest rates and a recovering economy have attracted more buyers than ever before to purchase a second home for investment and vacation purposes. Many homeowners with a strong credit history have been able to qualify for a home equity loan at excellent rates, and have used their equity cash for down payment and closing costs on a second home.

Lending institutions are offering a wide range of affordable home loans. The rule of thumb is that a buyer can qualify for a loan amount based on 28 percent of their gross income. Often repeat buyers discover that they can borrow more than they assumed possible.

If you wish to take advantage of today's reasonable interest rates to purchase a second home, consult a real estate professional who can help to make your dream a reality.

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Q	In what movie did a cute extra-terrestrial take refuge in a California home on a cul-de-sac with a mountain peak towering behind it?
A	Steven Spielberg's 1982 classic "E.T." was filmed in a real house on Lonzo Street, Tujunga, northeast of the San Fernando Valley.
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Conway Realty Team, REALTOR®, real estate agent and broker for Orlando, Conway and Belle Isle, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Jane Slone Licensed Real Estate & Mortgage Broker
Conway Realty Team , Conway Realty Corp
P.O.Box 149385
Orlando, FL 32814
Phone: 407-380-0210
Fax: 407-542-4493
Email: ConwayRealty@NUMBER1EXPERT.com

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