Buying vs Renting

When you can afford the down payment we would say that it is better option to buy instead of renting. However you should consider all the factors (internal and external) that affect the loan process.

Internal: Your Credit Score / Your Job Status / Personal needs

External: Home Loan Market rate / Home Loan Market

• There's more to owning a home than personal satisfaction. You can deduct the cost of your mortgage loan interest from your federal income taxes, and usually from your state taxes, too. And interest will compose nearly all of your monthly payment , for over half the number of years you'll be paying your mortgage. This adds up to hefty savings at the end of each year. And you're also allowed to deduct the property taxes you pay as a homeowner. If you rent, you write your monthly check and it's gone forever. Another financial plus in owning a home is the possibility its value will go up through the years.
• As source of financing. Your house could help you get a home equity line of credit either for extra cash or paying your children´s education.

In Eagle Financial Services we have been doing Residential Morgage for nearly a dacade. Here we will help you with your needs and will get the product that suits you best.

There are many needs within the Residential Market. Some people are in the first steps of home ownership, other people need to refinance their home loans, and some only need cash out through equitiy lines of credit.

We provide Professional Financial Services and work with many lenders in California. We in Eagle Financial Services try to get the best program that fits your need best. To do that we analyze every situation diferently and work with our investors hard to find the best loan option for you.

Please contatc us for more information.