| HOW TO AVOID THE STRESS OF FINANCING |
When you ask the right questions, and know exactly what your needs are, you can find the right loan that fits your needs. It's still true that the better qualifications you have, the lower your interest rate will be. However, even in today’s market there are mortgages available for almost everyone; it's the interest rates or the down payments that vary.
Do your research on the types of mortgages available to you and find the one that best suits your needs. Consider the type of market you're in and whether the interest rates are falling or rising. Consider whether you're more comfortable with a fixed mortgage rate, where you'll always know what your payment is going to be or whether your financial outlook allows you to consider an interest only or adjustable rate loan. Finally, consider whether you intend to resell the property in a few years or keep it for the long-term. Knowing the answers to all of these questions will help you and your lender find the loan that's right for you.
Your realtor will be able to offer several qualified lenders for you to contact and it’s important that you feel comfortable with the people that you’ll be working with. |
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| Lisa C. Mattise |
Mobile
434-981-0354 |
Fax Number
1-866-986-2426 |
Office Number
434-220-9295 |
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| RE/MAX ASSURED |
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