A Breakdown of Potential Home Buying Fees You Didn’t Expect

Written by Jason Nelson on December 15, 2015
Mortgage Rates

  Purchasing a home is a stressful and somewhat difficult process. Unexpected home buying fees can add to the complexity of the situation and create a bigger financial burden than was originally planned for. That’s why it’s important to prepare for these potential fees before reaching the closing table.


What Are Discount Points on a Mortgage?

Written by Jason Nelson on November 17, 2015
discount points

When pricing mortgages, most lenders offer borrower discount points, which are a form of prepaid interest on home loans. When a home buyer chooses to purchase discount points, he will benefit from a lower interest rate and monthly mortgage payment over the entire life of the loan. Since buying points is an important decision – […]


How to Deduct Discount Points From Taxes

Written by Jason Nelson on November 10, 2015
Discount points

The fact that discount points are tax deductible isn’t a secret. Yet, many Florida home buyers still don’t know how to deduct this type of prepaid interest from taxes. The first thing a borrower should be aware of is that these points are tax deductible in the year paid. The IRS Rules for Deducting Discount […]


Does an FHA Loan Limit Your Jacksonville Home Buying Options?

Written by Jason Nelson on October 28, 2015
FHA Limitations

A few days back, we received a call from a reader asking if an FHA loan would limit his Jacksonville home buying options. Though we answered all of his questions, it occurred to us that many people considering an FHA-insured loan may not know whether or not certain homes for sale qualify for FHA financing. […]


The Truth about Discount Points: Are They Really Advantageous?

Written by Jason Nelson on October 21, 2015
Discount Points

Not too long ago, we wrote a blog post discussing how discount points can lower mortgage payments. Now, we go one step further and talk about the advantages and disadvantages of discount points. Since the introduction of mortgages, borrowers have been searching for a way to decrease their overall mortgage payments. Though purchasing discount points […]