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Your professionalism was a step above the rest. "You showed us our move meant as much to you as it did to us." Keith & Laura Conner Read Quote > View All Quotes >
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Find Out About the Latest Homes for Sale Before Anyone Else! I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the local MLS, and even later on the national listings web sites, if at all. By signing up to receive my latest listings, I'll send you an email notice instantly -- as soon as my latest homes for sale go online. You'll find out first, before other Horsham, Hatboro and Warminster buyers. There is absolutely no obligation, and this service is free of charge. Don't miss out! Get an email as soon as my new properties come on the market in Horsham, Hatboro and Warminster! There's no obligation, and you can stop my emails with one click. Just fill out this form to get started... 
Financing Your Home >Balloon Mortgages
In loan terminology a "balloon" is the unpaid loan balance that must be paid in full on a specified due date. Federal savings and loan associations are permitted to make balloon mortgages with as little as five percent down and monthly payments that are smaller than the amount needed to fully amortize the debt. On the due date, which may be only a few years after the loan was made, the balance must be paid off or the loan must be renegotiated. Balloon borrowers must be cautious and plan carefully to avoid overlooking balloon payment obligations. It is easy to be lulled into complacency by the easy monthly payment terms.
Today's complex economics have produced a wide variety of options for potential borrowers, who are often surprised by how much house they can afford to buy. Loan approval is ultimately in the lender's hands, but your real estate agent can help you to determine your real buying power.
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| Q |
What is a "jumbo mortgage"?
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| A |
The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates. |
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Paul Augustine RE/MAX Centre 2701 York Rd. Jamison, PA 18929 Cell: (215) 565-5335 Office: (215) 343-8200 x.115 PaulAugustine@NUMBER1EXPERT.com
I am a full service real estate consultant who serves the Bucks, Montgomery, and Philadelphia real estate markets. I specialize in Horsham, Hatboro, and Warminster. It's my goal to provide you with excellent service before, during, and after the purchase or sale of your home. By doing so, it's my hope that you'll feel confident referring my services to your friends and family for years to come. It's how most of my business comes to me, and it's not a coincidence. I pour all of my efforts into every client I serve, and into every transaction that I have with those clients. To me, your real estate transaction is more than just a sale - doing a great job for people like yourself is how I build my business, one client at a time. 
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