Tag Archives: down payment assistance

Learn the secrets of getting approved for a mortgage

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It is with great pleasure that I present an interview with Vincent Mancinelli of Gateway Funding. Vincent has helped several of my (and my colleagues’) clients become homeowners in the Philadelphia area. He has much experience with the process of helping people with varying credit histories get qualified for a mortgage, and actually getting them to the closing table. Watch the video below to learn the secrets about what it takes to get approved for a mortgage.

You can contact Vincent Mancinelli directly at 215-313-2014, or submit an application at his website by clicking here.

Should you give a down payment as a gift?

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It’s that time of year again when people are running around trying to find the perfect gift for their loved one. With home prices and mortgage interest rates at all-time lows, you should consider giving the gift of a down payment instead.

There’s a great article at CNNMoney.com with details on when it make sense to give a gift of down payment money, compared to lending the money or cosigning a loan.

If you are a first-time homebuyer who is hesitant because you don’t have the funds for a down payment or closing costs, you can turn to your family for assistance. You may also qualify for up to $3,500 in grants from the city and state (Philadelphia, Pennsylvania). Call me today at 215-922-7900, or at 267-918-3691 to schedule your free consultation today. You could own your new home in 45 days or less!