Can You Afford to Buy a Home?

Prices in the Myrtle Beach area are at an all-time low. You may still wonder if you can afford to buy a home?

Although rates aren't as low as several weeks ago, they are still VERY low. In the greater scheme of things that means affordable home prices and payments.

Let's take a $125,000 home loan. Assuming a 30 year fixed at 4.625%, that is a principle and interest payment of $642. Add $150+- for taxes and insurance and you are looking at a home payment just less that $800/mo!!!

How many renters pay $800 per month in rent?

There are 100% programs still out there. Low down payment programs. We still have 80-10-10 loans to help avoid PMI. Too many ways and reasons to help make homeownership a reality.

Please let me know how I can help you make it a reality!