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Home > Financial Services > Mortgage Brokers > Living Water Lending Inc.
Living Water Lending Inc.
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.
From mortgage processing and underwriting, to loan closing and funding, their expert mortgage staff will proficiently expedite your entire transaction. They will keep you informed every step of the way. They are committed to building rewarding, long term customer relationships. With that in mind, you'll receive the highest quality mortgage services.
Interest only loan programs provide the same features as fixed and variable rate programs, and they additionally offer a lower payment option. With an interest only loan payment option, you pay only the interest portion of the payment but no principal. Interest only payment options allow you to qualify at the starting interest only payment. This gives you more buying power and a lower monthly payment compared to an amortized loan. You pay interest based on your principal balance. On an interest only loan, your principal balance does not decrease, therefore, you pay more interest with this option.
Living Water is an organization committed to strengthening families and changing lives through their expertise in the field of mortgage, real estate, and financial services. They strive to always be honest with their clients, by never misleading or misrepresenting the facts and by always delivering what they have promised. They believe that being of service to both their clients, as well as their coworkers, means that they must focus on their needs before their own. This they feel is the formula for true success in life.
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