247 Home Lending

247 Home Lending Your go-to for seamless home purchase and refinance solutions. Turning homeownership dreams into a reality! 🏡

🪪 NMLS: 2584439 | DRE: 1991134

09/16/2026

🏡 Homeownership may come with tax benefits many buyers overlook.

Some homeowner tax benefits are built directly into the tax code—but they only apply in certain situations, including when you itemize deductions instead of taking the standard deduction.

The key? Know what may apply to you and run the numbers with your CPA or tax professional—not your real estate agent. Don’t leave potential savings unexplored.

And if you’re considering buying a home, understanding the potential tax advantages is another important part of the bigger homeownership and wealth-building picture.

📲 Know someone getting ready to buy their first home? Share this with them!

For educational purposes only. This is not tax advice. Consult your CPA or qualified tax professional for advice based on your situation.

🌐 www.247homelending.com
🤳 (866) 587-1443

08/18/2026

Your offset account could be one of the most powerful tools attached to your home loan — yet plenty of borrowers barely take advantage of it.

Here’s how it works: every dollar sitting in your offset reduces the balance your lender calculates interest on. So if you keep money parked there, you could pay less interest without actually locking that cash into your loan.

The best part? Your money stays accessible when you need it.

Keep building your offset balance over time, avoid dipping into it unnecessarily, and you could potentially shave years off your mortgage while saving thousands in interest.

Same income. Same repayments. Smarter use of your cash.

👉 Want to know if an offset account makes sense for your loan setup? Send me a DM and let’s take a look.

General information only — not personal financial advice. Figures are illustrative and depend on individual circumstances and loan features.

🌐 www.247homelending.com
🤳 (866) 587-1443

08/14/2026

$112,000 difference — on the same loan amount and the same interest rate. The way you structure your mortgage can make a huge difference over time. 👇

Here are 5 mortgage truths that can seriously impact what you end up paying:

1️⃣ Interest is calculated daily, not just once a month.

2️⃣ Offset and redraw facilities can both reduce interest while still giving you access to your money.

3️⃣ Your loan term can matter more than the rate — paying off a $500K loan over 25 years instead of 30 could save around $112K.

4️⃣ Fortnightly repayments can help you pay the loan off sooner because you effectively make an extra monthly repayment each year.

5️⃣ Interest costs are heaviest in the early years, so making extra repayments sooner can have a bigger impact.

There isn’t one mortgage setup that works for everyone. Your income, financial goals, cash flow, and future plans all matter when choosing the right structure.

📌 Save this for later and share it with someone who’s only comparing mortgage rates.

🌐 www.247homelending.com
🤳 (866) 587-1443

08/12/2026

✨ Mortgage terms shouldn’t feel like a secret language—but if you don’t understand them, you could end up paying more than you expected.

The more you know before talking to a lender, the easier it is to compare your options and make smarter decisions.

Here are a few terms every homebuyer should understand:

⚡ **APR** — Don’t look at the interest rate alone. APR also factors in certain loan costs and fees, giving you a better picture of what the mortgage may actually cost.

⚡ **Escrow** — A separate account used to collect money for expenses like property taxes and homeowners insurance, usually as part of your monthly mortgage payment.

⚡ **PMI** — Private Mortgage Insurance may be required when your down payment is below 20% on certain conventional loans. It protects the lender, not the borrower.

⚡ **Points** — You may be able to pay money upfront to reduce your interest rate. Whether that makes financial sense depends heavily on how long you plan to keep the mortgage.

⚡ **DTI** — Your debt-to-income ratio compares your monthly debt obligations with your income. Lenders use it as an important part of determining how much you may qualify to borrow.

⚡ **Amortization** — This is how your mortgage payments are spread over the loan term. Early on, a larger portion of your payment typically goes toward interest, with more going toward principal later.

⚡ **Underwriting** — This is where the lender reviews and verifies your income, assets, credit, debts, and property information before making the final loan decision.

⚡ **Equity** — The difference between your home’s current value and what you still owe on it. As you pay down the loan or your property increases in value, your equity can grow.

➡️ Understanding these terms gives you a major advantage when comparing loan options, reviewing paperwork, and asking your lender the right questions.

📌 Save this for your next mortgage conversation—and follow 247 Home Lending, Inc for mortgage information explained in plain English.

🌐 www.247homelending.com
🤳 (866) 587-1443

08/03/2026

🏡 Homeownership may do more than build equity—it could also provide valuable tax benefits.

As year-end approaches, here are several potential savings homeowners should know about:

✅ **Mortgage Interest Deduction**
Homeowners who itemize may be able to deduct interest paid on qualifying mortgage debt of up to $750,000 for homes purchased after December 15, 2017. Eligibility and limits depend on how the loan was used and when the mortgage originated.

✅ **Property Tax Deduction**
For the 2026 tax year, eligible state and local income or sales taxes—including property taxes—may be deducted up to a combined limit of $40,400, or $20,200 for married couples filing separately. Income-based reductions may apply.

✅ **Home Office Deduction**
Self-employed homeowners who use part of their home regularly and exclusively for business may qualify to deduct certain expenses. The simplified method allows $5 per square foot for up to 300 square feet.

✅ **Home-Sale Capital Gains Exclusion**
When selling a primary residence, eligible homeowners may exclude up to $250,000 in profit—or up to $500,000 for qualifying married couples filing jointly. Generally, you must have owned and lived in the home for at least two of the five years before the sale.

⚠️ **Important Energy-Credit Update**
Federal credits for qualifying solar installations and energy-efficient home improvements generally ended for expenses or improvements made after December 31, 2025. Be cautious of older tax advice that still advertises these credits for new 2026 projects.

Don’t leave potential savings on the table. Save this post, gather your mortgage statements, property-tax records, home-office expenses, and closing documents, then speak with a qualified tax professional about what applies to your situation.

💬 Thinking about buying or selling a home? Send me a message, and let’s create a plan that supports both your real estate and financial goals.

🌐 www.247homelending.com
🤳 (866) 587-1443

07/29/2026

🚨 If buying a home only required a down payment, far more people would already be homeowners.

One expense that often catches buyers off guard is closing costs.

These may include:

✔️ Appraisal and inspection fees paid before closing
✔️ Prepaid property taxes and homeowners insurance
✔️ Funds deposited into your escrow account
✔️ Lender, title, and settlement-related fees

Closing costs can add up, but buyers may not always have to cover the full amount on their own.

Some buyers may qualify for down payment assistance programs. Depending on the loan and market conditions, buyers may also be able to negotiate seller credits to help reduce their out-of-pocket closing expenses.

The biggest mistake is not necessarily the cost—it is entering the process without understanding the available options.

What is currently holding you back from buying a home?

1️⃣ Down payment
2️⃣ Closing costs
3️⃣ Monthly payment
4️⃣ Interest rates

Comment the number below, and let’s explore what options may be available for your situation. 👇🏡

📌 Save this post for when you are ready to begin your homebuying journey.

🌐 www.247homelending.com
🤳 (866) 587-1443

07/21/2026

Many first-time homeowners concentrate on making their regular monthly mortgage payments without realizing that a large portion of the early payments usually goes toward interest rather than reducing the principal.

One way to potentially lower the total interest paid is to put extra income—such as a tax refund, bonus, or commission—toward the loan’s principal balance. Even occasional additional payments may help reduce the mortgage faster and shorten the repayment period.

However, the potential savings will vary depending on your interest rate, remaining balance, loan terms, and when the extra payments are made.

Before paying additional amounts toward your principal, confirm with your lender that there are no penalties and consider speaking with a financial professional to ensure the strategy supports your other financial priorities.

Small and consistent financial choices today could make a significant difference in the years ahead.

🌐 www.247homelending.com
🤳 (866) 587-1443

07/16/2026

Think tax returns are required to buy a home? Not always. 🏡

If you're self-employed, a freelancer, or a real estate investor, there are loan programs that may let you qualify **without using traditional tax returns**.

✨ **DSCR loans** evaluate the property's rental income.
✨ **1099 loans** are designed for independent contractors and self-employed borrowers.
✨ **Asset-based loans** may allow you to qualify using your savings or investments instead of your income.

The right financing option depends on your financial situation, and choosing the right loan can make the path to homeownership much easier.

💬 Comment "QUALIFY" and I'll help you explore your home loan options.

🌐 www.247homelending.com
🤳 (866) 587-1443

07/07/2026

A fixer-upper isn't always a bad investment. 🏚️

For many buyers, the biggest concern isn't the home's condition—it's paying for renovations immediately after closing.

That's why an FHA 203(k) renovation loan is worth exploring.

For qualified buyers, this loan may allow you to finance both the purchase price and eligible renovation costs into a single mortgage.

Depending on the property and loan guidelines, it may help cover improvements such as:
✔️ Flooring
✔️ Interior paint
✔️ Kitchen or bathroom updates
✔️ Roof repairs
✔️ Plumbing
✔️ Electrical work
✔️ HVAC improvements

Keep in mind, though:
• Not every property qualifies.
• Not every renovation is eligible.
• Not every buyer meets the requirements.
• And not every lender offers FHA 203(k) loans.

The best first step is getting fully pre-approved before looking at fixer homes. That helps you understand:
🏡 Your realistic budget
💰 Your estimated monthly payment
📋 Your expected cash needed at closing
✅ Whether this financing option makes sense for your goals

Comment "TRANSFORM" and I'll send you a helpful fixer-home guide.

❤️ Like if owning a home is one of your goals.
🔖 Save this for future reference.
📤 Share it with someone considering a fixer-upper.
👣 Follow for more California home buying tips.

🌐 www.247homelending.com
🤳 (866) 587-1443

06/30/2026

Most homebuyers focus on negotiating the purchase price first. 🏡

It seems like the obvious move… until you compare the actual monthly savings.

On an **$800,000** home, negotiating a **$20,000** price reduction may lower your payment by only about **$101/month**.

But if that same **$20,000** is negotiated as a seller credit to help buy down your interest rate?

You could save roughly **$411/month** instead. 💰

The largest discount isn't always the smartest strategy.

In many cases, it's not about lowering the purchase price—it's about negotiating terms that put more money back in your pocket every month.

Thinking about buying a home in California? Comment **"CREDIT"** and I'll show you when a seller credit can be a better strategy than asking for a price reduction.

🌐 www.247homelending.com
🤳 (866) 587-1443

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18818 Teller Avenue #140
Irvine, CA
92612

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