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Home > Financial Services > Mortgage Brokers > GDG Mortgage Inc.
GDG 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.
GDG Mortgage Inc. are a licensed Texas mortgage company, since 1997 specializing in FHA veterans and jumbo loans, offering the best rates on-line. Take the first step by approaching them and let them do the rest. The sooner you complete the on-line application the faster they can approve your financing for conventional, jumbo, FHA, federal housing administration, veteran’s affairs, rural, reverse mortgage financing. They make it easy with all types mortgage financing from moderate to jumbo, FHA Veterans available, all loans are done on an individual basis with no hidden costs. All mortgage loan programs plans can be divided into categories in two different ways. Firstly, conventional and government loans. Secondly, all the various mortgage programs may be classified as fixed rate loans, adjustable rate loans and their combinations.Withfixed rate mortgage loan the interest rate and your mortgage monthly payments remain fixed for the period of the loan. Fixed-rate mortgages are available for 30, 25, 20, 15 years and 10 years.
Generally, the shorter the term of a loan, the lower the interest rate you could get. With fixed-period ARMs homeowners can enjoy from three to ten years of fixed payments before the initial interest rate change. At the end of the fixed period, the interest rate will adjust annually. Some ARMs come with option to convert them to a fixed-rate mortgage at designated times, usually during the first five years on the adjustment date, if you see interest rates starting to rise. The new rate is established at the current market rate for fixed-rate mortgages.
There is nothing more satisfying for the company than helping their clients better their financial situation. GDG Mortgage Inc. is dedicated to providing outstanding service in order to retain every client as a customer for life.
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