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Senate Passes New Tax Credit For Home Buyers - Posted on November 05, 2009

Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper. The Senate voted Wednesday to extend and expand the tax credit to include many buyers who already own homes. The House is scheduled to vote on the bill Thursday. Buyers who have owned their current homes at least five years would be eligible for tax credits of up to $6,500. First-time homebuyers — or anyone who hasn't owned a home in the last three years — would still get up to $8,000. To qualify, buyers in both groups have to sign a purchase agreement by April 30, 2010, and close by June 30. "This is probably the last extension," said Sen. Johnny Isakson, R-Ga., a former real estate executive who championed the credits. The real estate industry has been pushing to extend and expand the h... Read More »

Refinancing Home Loans in Texas

Finding the best rate on your Texas home loan is now quick and easy. As a mortgage "broker-banker" we are able to offer more loan options with the lowest available interest rates. And because Lone Star Financing is a private company we are also able to offer lower rates and lower fees. We also know that our customers time is important and is why our turn-times for new home loans and refinancing home loans in Texas is second to none. Please contact us today to let us help educate you on available loan options and give you a Good Faith Estimate.