Best Home Mortgage Loan – What To Look For In A Mortgage

By: Hunter Lending Team

Published on: 27/08/2024

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....

Mortgage Blogs

Need A Mortgage? Better Get One Because They Are Going Fast... The Affordable Ones

By: Hunter Lending Team

Published on: 27/08/2024

Mortgages, probably the cheapest money in town. A mortgage is a type of loan that uses the property in which it is buying as security or collateral against the loan. Basically, a mortgage is the easiest and cheapest type of loan to get because whoever is lending you the money is really the one who is buying the house. It is not until you pay off that loan that the one actually owns his or her house. There are many types of mortgage loans. The two basic types of amortized l...

Mortgage Blogs

Home Mortgage Loan Mistakes Most Homebuyers Make

By: Hunter Lending Team

Published on: 23/08/2024

For your home mortgage loan it is critical to find a loan officer you can trust to review the options available to you and the best possible rates for your financial situation. Only a responsible loan officer can give you all of your options in an understandable way.

Mortgage Blogs

Home Mortgage Loan - Should I Rent Or Own A Home

By: Hunter Lending Team

Published on: 23/08/2024

Owning a home means more responsibilities, but with a host of rewards, including: Investment value Monthly mortgage payments can be comparable to rent - or even lower - and you're building equity in an investment that can increase in value. This equity can be used to get money saving home equity loans or as a down payment on your next home. Tax-deductible interest Rent is usually not tax-deductible, but mortgage interest (including points) on your home usually is. The...

Mortgage Blogs