|
|
 |
| |
|
Home > Financial Services > Mortgage Brokers > US Funding Group
US Funding Group
US Funding Group, Inc. is one of the largest mortgage companies in the Pacific Northwest. They are committed to helping you find the right mortgage product for your needs. They understand that every borrower is different, and they offer a variety of products to meet your individual requirements. They make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools that enable you to make sound financial choices.
US Funding Group, Inc. offers a variety of loan programs to meet your needs. They work with the leading lenders in the industry to provide. Zero down loans do not require buyers to pay any down payment. Under some circumstances, lenders will even allow closing costs to be included in the loan amount allowing for a true no-money-out-of-pocket purchase.
With a fixed rate mortgage, you know exactly what your principal and interest payment will be each month for the life of your loan. It won’t change because your interest rate doesn’t change. If interest rates go up, you’re protected with a fixed rate mortgage. But, you won’t benefit if rates go down. You can always take advantage of falling rates by refinancing.
For a set period, you pay only the interest portion of your monthly payment, freeing up for other purposes the amount that would normally go towards paying off the principal. At the end of the interest-only period, your loan reverts back to its original terms, with the monthly payments adjusted upward to reflect full amortization over the remaining years of the loan. Because the monthly payment is lower than with a fixed rate loan, buyers can often qualify for a more expensive home.
Compared to fixed rate mortgages, Adjustable Rate Mortgages offer a lower interest rate to start, so your monthly payments are generally lower. But, the interest rate moves up and down with the market based on an index. Some of the more common indices include U. S. Treasury Bills, Cost of Funds Index and the London Interbank Offered Rate. Most ARMs have an initial fixed rate period where the interest rate doesn’t change followed by the rest of the loan’s lifetime period where the rate is adjusted at predetermined intervals. Many ARMs have caps that limit how much your interest rate can change per period as well as for the life of the loan.
The Company is committed to providing the best service to clients seeking it from this industry as also to the pursuit of excellence, honesty being the forefront of their list of objectives.
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
|
|
|
|
|
|
|