|
|
 |
| |
|
Home > Financial Services > Mortgage Brokers > Custom Mortgage, Inc.
Custom Mortgage, Inc.
Custom Mortgage, 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.
Custom Mortgage, Inc. assists you through six basic steps in procuring a loan for buying a house or renovation of your home. The six steps are; Getting your documents organized, convincing the loan company that you qualify for the loan, explains the best loan plans from various companies available within your budget, applies for the loan, obtains approval for the loan, and assists in closing the loan. Their loan programs is forFixed Rate Mortgages in 30 year fixed, 15 year fixed Monthly are payments are fixed over the life of the loan, Interest rate does not change, Protected if rates go up, Can refinance if rates go down etc. and for Adjustable Rate Mortgages Lower initial monthly payment, Lower payment over a shorter period of time, Rates and payments may go down if rates improve etc. also in Home Equity Line of Credit You only borrow what you need, Pay interest only on what you borrow, Flexible access to funds etc.
Custom Mortgage, Inc. offers you calculators as well as professionals ready to assist you answer important financing questions. There are a number of ways to approach an affordability analysis, and these calculators and professionals allow you to assess the effects of different variables when buying a home. Such as Rent vs. BuyCalculator allows you to compare the costs of renting a residence and buying a home, MortgagePayment Calculator displays your mortgage payment for the term of your loan, Refinance Calculator will help you determine if now is the right time to refinance etc.
Custom Mortgage uses the most advanced technology available to close loans quickly, at a low cost. By combining the use of the Internet along with advanced processing software and automated underwriting systems they have taken the mystery out of approving and closing a home loan.
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
|
|
|
|
|
|
|