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Download TripleCalc for FREE. It's Our Gift to You. You can compare three loans at one time with TripleCalc software. The software installs easily on your Windows PC. You don't have to be online to use TripleCalc, like the other calculators on our site. You can leisurely compare three loans from three different lenders, and try different scenarios to see which loan is best for you. TripleCalc would cost you about $30 elsewhere, but you can have it for FREE. It's our gift to you for visiting our Huntsville, Madison and Hampton Cove web site. You can send copies of TripleCalc to all your friends and associates. Click on the Download link below to get TripleCalc. It's a small file (about 225k) so it will download quickly. Save it on your hard drive, and then double-click on it. You'll see that it installs in a snap...
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This is what TripleCalc
will look like on your Windows PC. You can compare 3 loans,
at one time -- and you don't have to be online. TripleCalc
lets you get a leg up on complicated loan comparisons. |
Includes 8 other calculations
you can't do without:
- Simple Mortgages with P.I.T.I.
- Pre-qualifying mortgages
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other calculators.
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Buyers Remorse >First Time Loans
Most first-time buyers can qualify for a mortgage loan, but they may need help from parents to make the down payment or closing costs on their home. There are loan programs that minimize the down payment and closing costs for first-time buyers. These programs usually require that 3 to 5 percent of the purchase price come from the buyers' funds, not from a loan or gift. Most lenders ask for the last three months' bank records. The borrower will be asked to reveal the origin of any large deposits. If the money comes from the homebuyer's parents, the lender may not consider those funds when qualifying the buyers.
Parents who are planning to help their children finance a home should transfer any funds several months before the house-hunting process begins. If it is a loan rather than a gift, a formal re-payment agreement should be drawn up between parents and children to eliminate potential misunderstandings or future complications with either estate.
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| Q |
What is the role of the U.S. Housing Authority?
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| A |
Created in 1937 by FDR, the U.S. Housing Authority provides construction loans to small communities and states. |
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Amanda Howard Amanda Howard Real Estate 900 Merchants Walk Suite A Huntsville, AL. 35801 Phone: 256-799-9000 Fax: 256-799-9001 Email: Info@RingTheTeam.com
Amanda Howard is the owner and operator of Amanda Howard Real Estate, specializing in residential real estate in North Alabama. Amanda began her career in 1999 in Chicago, Illinois, and was named “Rookie of the Year” as well as “Top Producer.” Since then, Amanda has obtained and practiced in Florida, as well as Alabama, where she now calls home.
As a proud local small business owner, Amanda opened Amanda Howard Real Estate in the winter of 2009 after earning the title of “Top Selling Team in Huntsville/Madison County.” Due to her many years of success in the real estate profession, Amanda is often invited to join as the expert guest on several local media shows including the Will Anderson Talk show.
In addition to a flourishing professional career, Amanda’s volunteer efforts and committee memberships are vast. Among many others, she is a graduate and active alum of Connect/Leadership, a member of Committee of 100YP, past Vice President of the local Realtor YP committee, a member of the Huntsville Hospital Foundation Development Council, and a charter member of the Downtown 47 group. 

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