loan: Some Suggestions And Strategies For Obtaining The Right Mortgage
- 09/11/07 11:17 AM
How to get the best possible mortgage for your home buying. This is a tight and tougher market for obtaining a mortgage. Many potential home buyers are asking this question - and also how to obtain a good mortgage if they want to refinance. If a borrower applies for an adjustable rate mortgage the banks and lenders use fully indexed interest rates and may decline them if the borrower cannot afford that fully indexed monthly payment. So, while the first year or first several years may be lower payments - they qualification is based on the higher payment of when the interest … (1 comments)
How to get the best possible mortgage for your home buying. This is a tight and tougher market for obtaining a mortgage. Many potential home buyers are asking this question - and also how to obtain a good mortgage if they want to refinance. If a borrower applies for an adjustable rate mortgage the banks and lenders use fully indexed interest rates and may decline them if the borrower cannot afford that fully indexed monthly payment. So, while the first year or first several years may be lower payments - they qualification is based on the higher payment of when the interest … (1 comments)
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