Intro to Loan Products
A mortgage is a type of loan specifically used for purchasing property. There are different types of mortgages available to cater to various needs. Fixed-rate mortgages are a popular choice as they offer a consistent interest rate throughout the loan term, providing stability and predictability for borrowers.
Adjustable-rate mortgages, on the other hand, have interest rates that can fluctuate over time, usually starting with a lower rate and adjusting periodically. This type of mortgage can be advantageous when interest rates are expected to decrease. Another option is an interest-only mortgage, This can be beneficial for those who want lower initial payments.
It is important to consider one's financial goals and circumstances before choosing a mortgage type. This site cover 30yr fixed products but if you have questions about an ARM loan feel free to contact us.
Mortgages is our business and we're good at it.
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Nexa Mortgage The #1 Mortgage Company in the US
Homeloans@williambmlo.com
916-490-9885
Corporate NMLS #: 1660690
William Burton/ NMLS# 1985049 NC
3100 W Ray Rd STE 201 Office # 209, Chandler AZ 85226.