Federal Home Loan Bank Cincinnati

Federal Home Loan Bank Cincinnati

The Federal Home Loan Bank of Cincinnati’s Board of Directors announced the results of the FHLBank’s 2013 director elections. Members elected were two directors from Kentucky and one from Ohio, as well as an at-large Public Interest Independent director. Each director will serve a four-year term beginning Jan. 1. Elected from Kentucky to serve their first terms on the board were Greg W. Caudill and David E. Sartore. Caudill is president and CEO of Farmers National Bank in Danville …

Home equity loan tax deductible

Home equity loan tax deductible

Many home equity loans are tax-deductible. Unfortunately,most borrowers step into the loans without taking advantage of the savings. Employers,businesses,and many others are offered cuts on taxes from paying particular expenditures from the gross earnings. Thus,they won’t get a cut on the mortgage itself possibly,but the interest rates on the equity loan are tax-cutting commodities. Home equity loans are loans provided to borrowers against the value or equity on the home. In other …

Manufactured home refinance loan

Manufactured home refinance loan

Manufactured home refinance rates tend to follow the pattern of regular mortgage rates because they have to be competitive with lenders that are encouraging traditional homeownership. In the past, in order to finance a modular house, there was a 20% down payment needed and the loan life was 10-20 years. Unlike traditional houses and land, manufactured ones are only financed for the home itself. Manufactured home refinance rates can be obtained by those seriously considering refinancing …

Welcome Home Loan Program

Welcome Home Loan Program

GRAYSLAKE,Ill. (CBS) – A disabled veteran from Grayslake is trying to take advantage of a state loan program for veterans to buy a home – but he says he’s getting the run-around. Gordon Kouba,43,is a veteran of Operation Desert Storm. He spent four years in the Marines,and was disabled. Now he wants to buy a home under a special state government loan program for veterans,but there have been delays,and unanswered phone calls. LISTEN: WBBM Newsradio’s Steve Miller reports Kouba …

No Credit Check Home Loans

No Credit Check Home Loans

If you run across this post, please give me a call or send a request through Trulia. We now offer no credit check home loans to investors in the following States: States where our loan product is available: AL, AK, AZ, AK, CA, CT, DE, FL, GA, IL, IN, KY, LA, MD, MO, MS, MI, MT, NH, ND, NM, NY, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WY. States where our loan product is NOT available: CO, HI, ID, IA, KS, ME, MA, MN, NE, NV, NC, SC, SD, WI, AR. We finance foreclosures and …

Introduction of home loan

Introduction of home loan

December 20, 2013 Comments Off What is a Home Repair Grant? Home repair grants are a way for people to pay for home repairs that may otherwise remain unfixed. Home repair grants can bring electric wiring up to code, repair or replace septic systems, and add energy saving features such as insulation and storm windows. Home repair grants are available from a variety of sources, with differing qualifications. The common denominator is, of course, ownership of the home. Proof of income …

IRA loan for home purchase

IRA loan for home purchase

By Roy Lewis It s not often that you can take money from your traditional IRA or from your earnings in a Roth IRA before age 59 1/2 and avoid the dreaded 10% early withdrawal penalty. But, surprisingly enough, this is one of the tax benefits enacted as part of the 1997 Taxpayer Relief Act to help people become homeowners. Now the law allows individuals to receive distributions from their traditional IRAs to pay up to $10, of first-time homebuyer expenses without incurring the …

Requirements for VA Home Loans

Requirements for VA Home Loans

Members of the US Armed Forces, both active duty and retired, may qualify for VA home loan benefits. The VA does not actually issue the loan, rather it insures a portion of the loan against default. This enables veterans to qualify for a home loan that they may otherwise be unable to get. Many lenders offer zero down VA mortgage loans that make it easy for a veteran to become a home owner. Here are some of the basic requirements to qualify for a VA home loan: Advertisement Credit …