|
On Top Of the Situation
You did a great job in helping me to sell my mom's house. You seemed to be on top of the situations all the time. Since I wasn't in the area, I felt very reassured that you had taken charge of the sale and were handling things for me. The communication and your always keeping me informed was top notch. You've become a good friend as well as business associate.
Patricia Green, Minden, NV.
Tell me how I'm doing!
You have a story to tell about me. You've
worked with me, and I've helped you buy or sell a home. I need your feedback.
Others need your feedback, too! Please take a moment to fill out this form and
tell me how I did...
Financing Your Home >New Loans If you are considering applying for a mortgage to purchase a new home or to refinance your present home, don't delay. Despite fluctuation in interest rates, lenders are still processing many new loan applications.
You should gather all the necessary paperwork before you apply, and submit your loan application as soon as possible. At a minimum, the information required by a lender will consist of proof of your earnings and a clear picture of your total monthly income and expenses. If you are self-employed, or have long-term obligations such as alimony or child support, the preparation time and the amount of paperwork increases.
Despite the need to move rather quickly for a mortgage in today's market, you should "make haste carefully." Shop carefully for your loan by comparing all costs and terms. With the number of lenders vying for your business, new and better deals are always appearing.
|
 |
| Q |
What is a Balloon Mortgage?
|
| A |
A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
|
 See More Real Estate Trivia > |
|
|
|
- NUMBER1EXPERT™ 
