Hunter Lending Team Owning a home is the American Dream. Of course, this requires you to first get a mortgage unless you have won the lottery or have a very wealthy uncle!
Hunter Lending Team With a credit score of 680 or higher, you have a plethora of home loan options. Basically, you can choose your terms, but you want to make sure you find the best financing package. That means looking at financing costs, terms, and lenders. Financing Costs The most competitive mortgage market is conventional loans, including both fixed-rate and ARM. That means these types of loans have the lowest rates. Add a 20% down payment, and you will have lenders swooning over you....
Hunter Lending Team Many people who get variable rate mortgages find that they can mix the security of a fixed rate mortgage whilst still having variable rates by getting a capped mortgage plan. If you are looking for a variable rate mortgage then you should seriously consider putting a cap on the mortgage. Here is some useful advice about whether or not you should proceed with a capped mortgage
Hunter Lending Team When it comes to California mortgage quotes, the rate is important but it is also necessary to consider the overall costs involved. Factors like the APR, loan fees, discount and origination points need to be properly understood and calculated.