Which loan is right for you?

In choosing the appropriate loan for you, it's necessary to consider your budget capabilities and your long-term goals. As your loan officer, I will personally help you evaluate your financial needs and choose the appropriate mortgage. In the meantime, let's take a look at some general guidelines that can help you make your decision.

Fixed or Adjustable Rates?

If you want your rate and payment to be constant, a fixed rate loan is the program for you.  Typically having a higher rate than adjustable rate mortgages (ARM), it gives the homeowner the safety and security of knowing what their mortgage payment will be every month/year for the life of their loan.  A fixed rate loan is perfect for the homeowner who is planning on staying in their home for more than a few years.  If you move frequently due to your job, personal reasons, etc., then your best choice is an ARM because the initial interest rate is lower than a fixed and can save you, the borrower, thousands of dollars in interest charges.



Can I qualify for a loan if I have credit problems?

There are so many programs available today that if you have suffered credit problems you can still get the financing that you need.  We know that bad things happen to good people and that everyone's situation is unique.  That's why unique situations are our specialty.  If we are unable to lend in your area, call us and we can recommend a great lender/broker to you. 

If you would like to receive a copy of this guide in its entirety, feel free to e-mail us and we will forward you our e-book.  Just place e-book in the subject line of your e-mail message.