Philadelphia
Home Mortgage Loans
Get The Lowest Interest Rate On
Philadelphia Home Loans.
Whether you are a first time home buyer or
trading up to a larger home, we work to find the best Philadelphia home loan solution for
you. Constantly surveying the hundreds of mortgage lenders as well as
anonymously testing their staff, we are always aware of the conditions of the
home loan market as well as the lenders involved in it.
Best Lender For
Philadelphia Home Loans
Unfortunately, the subprime mortgage
crisis has caused dramatic changes in the lending climate. Many lending
institutions have suffered tremendous losses and as a result have
tightened their lending standards drastically. Whereas it used to be
very, very easy to meet the requirements in order to get approved, it is
now much more difficult with most lenders.
When searching for a
Philadelphia home loan lender, it is important to
find one that not only offers the lowest rates, but also has not
tightened lending standards to the point that only a tiny percentage of
applicants will qualify.
At the top of our list right now is ING DIRECT Philadelphia Home Loans.
They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.
They are still approving the majority of applications for Philadelphia
home mortgage loans. A very convenient feature is that ING will approve
online applications in less than 3 minutes in most instances.
Philadelphia Pennsylvania
Overview & Statistics
Philadelphia Overview
As of 2007, Philadelphia's population is 1,448,394 people. Since 2000, it has had a population growth of -4.56 percent.
The median home cost in Philadelphia is $181,200. Home appreciation the last year has been 3.97 percent.
Compared to the rest of the country, Philadelphia's cost of living is 7.69% Lower than the U.S. average.
Philadelphia public schools spend $5,971 per student. The average school expenditure in the U.S. is $6,058. There are about 17 students per teacher in Philadelphia.
The unemployment rate in Philadelphia is 5.90 percent (U.S. avg. is 4.60%). Recent job growth is Negative. Philadelphia jobs have Decreased by 0.08 percent.
Philadelphia Climate
Philadelphia, PA, gets 43 inches of rain per year. The US average is 37. Snowfall is 12 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 120.
On average, there are 207 sunny days per year in Philadelphia, PA. The July high is around 86 degrees. The January low is 30. Our comfort index, which is based on humidity during the hot months, is a 44 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
Philadelphia Housing
The median home value in Philadelphia, PA, is $181,200. Home appreciation is 3.97% over the last year. The median age of Philadelphia, PA, real estate is 59 years.
Philadelphia, PA Apartments and Rentals
Renters make up 36.46% of the Philadelphia, PA, population. 10.75% of houses and apartments in Philadelphia, PA, are unoccupied (vacancy rate).
Philadelphia Crime
Philadelphia, PA, violent crime, on a scale from 1 (low crime) to 10, is 8. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Philadelphia, PA, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
Philadelphia Home Loan
Resources
Listed below are a variety of resources
relating to Philadelphia home loans:
Philadelphia Home Mortgage
www.phila.gov
Philadelphia Real Estate Agents
Pennsylvania First Time Home
Buyers Grants
Pennsylvania First Time Home
Buyer Programs
Pennsylvania Home Loans
For the most up to date related news stories, visit
Philadelphia Home Loans.
Finally, you may want to visit
Mortgage Rates Predictions to find out if right now is a good time for
applying for Philadelphia Home Loans.
This
website provides complete state-by-state contact information for down
payment grants. We suggest that you
send for the free CD that takes you step by step through the application
forms to ensure that you complete the grant applications properly.