Home

mortgage Directory


More
mortgage Articles

WRITERS WANTED! (click-me)

Feature Article:

Are Biweekly Mortgages Really Worthwhile?
You may have heard people, especially mortgage lenders, extolling the virtues of biweekly payments, saying that you can save thousands of dollars and take 5-7 years off your mortgage--and then offering to set up a biweekly plan for you for as...
...Read More

www.bigmailnow.com


 

Applying for Your First Home Mortgage? What You Need to Know

www.bigmailnow.com       Navigation

Applying for your first home mortgage at first might seem like an easy process simply because people buy and sell homes every day. However, buying a home is not like buying a new bike, and applying for a home mortgage can be a long and drawn out process requiring a lot of patience and fortitude. However, if you know what to expect up front the home mortgage process will be much easier and a lot less stressful.

The following home mortgage tips will help you figure out how to best go about the home mortgage loan process for your situation.

Home Mortgage tip #1 Interest Rates

Before applying for your first home mortgage loan you will want to shop around and see what average home mortgage loan rates are. Shopping for home mortgage rates online is a timesaver and frequently have lower rates as well. Your home mortgage rate will affect how much money you have to pay back over the term of the loan, so the lower the better.

Home Mortgage Tip #2 Fixed or Variable Interest Rate

When it comes to your home mortgage loan there are more options than just a loan you pay back over a set amount of years. You can choose different home mortgage interest rates that work best for your current and future situations. So, before you apply for a home mortgage loan do some research on variable and fixed interest rates to find what will work best for you.

Home Mortgage Tip #3 Down Payment

When applying for a home mortgage loan for the first time you might not be aware of the general down payment you will be required to make. Many times a home mortgage loan requires between 10 and 20% of the price of the home, but if you have good credit sometimes you can make a lower down payment and still get a good deal on your home mortgage. This depends on the home mortgage lender, so shop around.

About The Author

Jay Moncliff is the founder of http://www.mortgages-reviews.info a website specialized on Home Mortgage, resources and articles. This site provides updated information on Home Mortgage. For more info on Home Mortgage visit: http://www.mortgages-reviews.info.

www.bigmailnow.com

More Reading:


What is a Buy To Let Mortgage

Residential Mortgages A Step Ahead On The Property Ladder

First Time Home Owner Mortgage Loans

 
Homeowners insurance The mortgage connection

Online Mortgage Applications

How to save hundreds a month on your mortgage

mortgage Home

mortgage Directory

Additional Reading


How to find a mortgage with bad credit
Shopping online for mortgages ought to be trouble free, even should you have poor credit or no credit score. You can nonetheless find a bad credit lender that can facilitate you. The internet has expanded the international marketplace in a way never...
...Read More

Do Biweekly Mortgages Save You Money?
Here’s how biweekly payments save time and money, without costing you extra. You may have heard people, especially mortgage lenders, extolling the virtues of biweekly payments, saying that you can save thousands of dollars and take 5-7...
...Read More

Best Buy to Let Mortgages
Are you looking for the best buy to let mortgages with the lowest rates payable? Need to calculate repayments on-line? Not sure how much you can borrow? These are all questions that you may well be asking yourself if you are looking for the best...
...Read More



 

 

Internet Search for: home, http//wwwmortgages-reviewsinfo, mortgage

[an error occurred while processing this directive]


 

 

Copyright    www.bigmailnow.com