|
|
 |
| |
|
Home > Financial Services > Mortgage Brokers > Infinity Financial Group, LLC
Infinity Financial Group, LLC
A Mortgage is a document that contains the details of an agreement between two parties. One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.
The company is an Idaho based mortgage brokerage firm. They have multiple offices in the State of Idaho and are currently licensed to do business in Montana, Idaho, Washington, and Oregon. Infinity Financial Group L.L.C. is a full service mortgage brokerage firm, providing a broad mix of lending services to businesses and individuals. Among Infinity Financial's markets are consumer, small business, large commercial, industrial, real estate, and corporate. They offer loan programs such as refinance, Adjustable Rate Mortgages, Fixed Rate Mortgages etc.
Traditionally, the decision on whether or not to refinance has meant balancing the savings of a lower monthly payment against the costs of refinancing. But in recent years, companies have introduced no cost and low-cost refinancing packages that minimize or completely eliminate the out-of-pocket expenses of refinancing. With traditional refinancing, the most often cited rule-of-thumb is that the interest rate for your new mortgage must be about 2 percentage points below the rate of your current mortgage for refinancing to make sense. However, with the newer low- and no-cost refinancing programs, it can be worth your while to refinance to obtain a smaller reduction in interest rates.
Adjustable Rate Mortgages loans generally begin with an interest rate that is 2-3 percent below a comparable fixed rate mortgage, and could allow you to buy a more expensive home. However, the interest rate changes at specified intervals depending on changing market conditions; if interest rates go up, your monthly mortgage payment will go up, too. However, if rates go down, your mortgage payment will drop also. There are also mortgages that combine aspects of fixed and adjustable rate mortgages starting at a low fixed-rate for seven to ten years, for example, and then adjusting to market conditions. Ask your mortgage professional about these and other special kinds of mortgages that fit your specific financial situation
They firmly believe in integrity, honesty, energy, excellence, commitment, and passion in all their business transactions, and they will do everything possible to give you their best service.
Financial Services Companies
all are here at FinancialBrowsers.com Permission is granted to reproduce this article as long as the above resource paragraph is left intact with active links.
Back to Mortgage Brokers
|
|
|
|
|
|
|