purchase: 15 year loan versus the 30 year loan. Which mortgage is best for your purchase or refinance?
- 03/14/12 01:08 PM
Determining which mortgage term is right for you can be a challenge. With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms, and let us help you decide which term is better for you. Here is a helpful calculator that shows the mortgage payoff curve... http://www.mynwagent.com/15vs30YearMtgCalc … (2 comments)
purchase: FHA loan or Conventional loan. Which purchase loan is best for my Real Estate purchase?
- 06/20/11 06:31 AM
Here are some real simple basic FHA pros/cons to simply go over and compare an FHA loan to a Conventional loan... FHA Pro: An FHA loan is designed for lower credit borrowers (640-700 range). The loan guarantee allows the government to make a guarantee to the lender against a loan default because the borrower is a more risky borrower. This allows the lower credit score borrower (640-700 range) to obtain a good interest rate loan through the lender. This does not guarantee loan approval, just against default. All loans, whether FHA or conventional must go through a similar approval process. Rates on … (0 comments)
purchase: Non-occupant co-borrower's guidelines for conventional home loans (Fannie Mae or Freddie Mac).
- 02/14/11 11:16 AM
There have been many questions regarding borrowers obtaining loans with non-occupant co-borrowers. Here some basic simple guidelines for the non-occupant co-borrower on "Conventional" (Fannie Mae or Freddie Mac) loans. These do not apply to FHA loans, as they have their own rules. •· Minimum 5% down payment must be from the borrower's own funds; •· Applications with occupant and non-occupant co-borrowers when the LTV is greater than 80%, the minimum required contribution must come from the occupant borrower; •· Non-occupant Co-borrowers, the maximum LTV/CLTV is 90%. Interest Only loans are not eligible. The non-occupant co-borrower may be a relative or a person with … (8 comments)
purchase: Rates are low! Refinance or buy now. Seeing good deals in Kent, Auburn, Renton, Washington areas.
- 12/04/07 03:47 AM
Rate are down to 5.625, as of 12/04/2007, for a 30 year fixed conforming mortgage. What are you waiting for? These are the lowest rates I have seen in awhile. With the softness in the market and the low rate scenario, buyers should be looking to purchase now. If you already own a home and are not buying, you should at least refinance and lower your payment. Take advantage of the softness in mortgage rates today. I am a Real Estate agent and mortgage broker for Kent, Auburn, Federal Way, Renton, Seattle, Bellevue, Washington area. Call for all Real Estate needs (253) … (0 comments)
purchase: Great LEASE OPTION home in Kent, Washington. Complete remodeled with Mt. views
- 09/25/07 03:08 PM
Welcome home! You will enjoy this spacious remodeled 3 bedroom, 2 1/4 bath home with 2-car garage. This remodeled home features an open floor plan, new carpeting/flooring, new roof, new paint, new fixtures, nice landscaping, and more! The huge professionally landscaped yard includes a nice deck, big space, privacy, Mt Rainier view and pride of this community. It is also conveniently located to schools, shopping, and highways. This home is turn-key ready. Take a look, before it's gone!
Square feet 1680 $345,000 lease option price $1800 per month lease option (email for any other details) first/last/deposit … (0 comments)
purchase: Back to basics! Finding the correct home mortgage for your home purchase.
- 09/20/07 05:06 PM
Choosing a mortgage loan is not as easy as simply finding the lowest interest rate. There are many other factors that will determine which mortgage is right for you. Your financial picture, including your income, savings, cash reserves, and debt-to-cash ratio will determine how much you can afford to pay in monthly mortgage payments. Finding the "best" mortgage means balancing your mortgage options with your financial situation and your housing needs, now and in the future. Since even the shortest mortgages typically last at least 15 years, you will need to project how your financial situation and your housing needs may … (0 comments)
Puget Sound Mortgage Broker working hard for my clients in the entire Puget Sound region including Issaquah, Bellevue, Seattle, Redmond, Kent, Auburn, Maple Valley, Covington, Renton and more.
Determining which mortgage term is right for you can be a challenge. With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms, and let us help you decide which term is better for you. Here is a helpful calculator that shows the mortgage payoff curve...
;)
;)
;)
