Delaware
Mortgage
...FEATURED
SITES:
Mortgages
in Delaware
Rate and review Delaware
mortgages.
Bona
Fide Mortgage Corp.
Delaware
home loan rates
5153 W. Woodmill Dr, Suite
18, Wilmington, Delaware
19808
Charter
Mortgage
Your
Loan - Your Terms
5616 Kirkwood Highway,
Wilmington, Delaware 19808
Coast
to Coast Mortgage Inc.
1304 Old Lancaster Pike,
Suite D, Hockessin, DE
19707
Delaware
Financial Capital Corp.
Delaware
low mortgage rates
22 Polly Drummond Hill
Rd, Newark, Delaware 19711
Equity
Plus Inc.
We
handle everything from
a mortgage to Delaware
home improvement loans.
500 Philadelphia Pike,
Wilmington, DE 19809
Fulton
Mortgage Company
Delaware
Mortgage Center
Wilmington, Delaware
Gilpin
Mortgage
Delaware
online rates
1400 N. DuPont St, Wilmington,
Delaware 19806
Mortgage
Calculator
Mortgage
Calculators, eight in
total, to help you figure
out your math for mortgages.
3432 Elesswa, Delaware
City, Delaware 19706
Mortgage
Mender
Delaware
mortgage calculator
501 Capitol Trail, Newark,
Delaware 19711
Mortgage
Network Solutions
- Michelle Keck
Financing
all your real estate needs.
223 Pine Cliff Dr, Wilmington,
DE 19810
Pike
Creek Mortgage Services,
Inc.
Delaware
home loans, mortgage,
refinance, debt consolidation
5233 W. Woodmill Drive,
Suite 46, Wilmington,
Delaware 19808
Primary
Residential Mortgage,
Inc.
Providing
the best mortgage rates
and programs in Delaware.
256 Chapman Rd, Suite
105, Newark, DE 19702
RatesAreHot.com
Mortgage
Prequalification
12 Penns Way, New Castle,
Delaware 19720
Stonebridge
Mortgage
2100 Drummond Plaza, Newark,
DE 19711
 
Superior
Home Mortgage Corp.
Free
Consultations - Free PreApprovals
- Low Interest Rates
1521
Concord Pike, Suite 102,
Wilmington, Delaware 19803
Wilmington
Mortgage
Delaware
lowest mortgage
2126 W. Newport Pike,
#200, Wilmington, DE 19804
Wilmington
Mortgage Services, Inc.
Wilmington
Mortgage is a Delaware
home loan real estate
financing lender.
2383 Limestone Rd, Wilmington,
DE 19808
Your
Turn Finances
Go
Ahead, It's YourTurn...
254 Chapman Road, Suite
110, Newark, DE 19702
More information: Equity
Loans - Refinancing
- Consolidation
Loan
Mortgage
Advice from the Experts
New
Tax Deduction for PMI!
Thinking
about purchasing or refinancing
a home in 2007? There may
be good news for you if
you have a mortgage that
requires PMI!
Starting
with new mortgage settlements
in 2007, your PMI payment
may be tax deductible! This
may give you better financial
opportunities to help you
purchase your next home!
Of
course, with any new law,
there are restrictions and
parameters that must be
followed. Here are some
of the guidelines with this
new law:
•
The tax deduction applies
only to mortgages that are
closed in 2007. If you have
a loan with mortgage insurance
in 2006, you won't be able
to deduct the premiums in
the 2007 tax year unless
you refinance in 2007.
•
Income limits apply. You
are eligible for the full
deduction if your adjusted
gross income is $100,000
or less. The amount you
can deduct phases out rapidly
after that and no mortgage
insurance deduction is available
if you make more than $110,000.
•
This is a one-year deal,
and Congress will have to
renew the deduction to make
it applicable to the 2008
tax year and beyond. Congress
will most likely extend
the deduction, but there’s
no guarantee.
•
If you take the standard
deduction instead of itemizing
deductions, the new law
makes no difference to you.
"You need to have a
mortgage of about $130,000
or so to even pay enough
interest to hurdle the standard
deduction," says Bob
Walters, chief economist
for Quicken Loans. In practice,
he says, this means that
the deduction is available
to households with incomes
between $50,000 and $100,000.
It
is recommended to speak
to a mortgage professional
and your accountant in order
to explore all of your options
available.
About
the Author: Mark
Randolph is a Mortgage Consultant
with GMAC Mortgage specializing
in residential mortgage
financing. In addition to
being an award winning Loan
Officer, Mark is an Instructor
for the New Castle County
Board of REALTORS and is
a regular speaker with the
various housing counseling
agencies in Delaware. He
volunteer's his time and
skills as well as the main
speaker for housing fairs
in cooperation with Senator
Carper's Office, Fannie
Mae and the Housing Counselors
of Delaware. Mark's office
is located at 3710 Kennett
Pike, Greenville, DE 19807
and his e-mail is: mark.randolph
[at] gmacm.com
Refinance
Mortgage
Delaware
Home Improvement
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