Important tips for Best Mortgage Deals - PowerPoint PPT Presentation

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Important tips for Best Mortgage Deals

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If you are planning to keep the loan for 30 years, it makes sense to pay more as down-payment in order to get lower interest rates. Whereas, if you plan on refinancing in a few years, don’t pay more cash up front. – PowerPoint PPT presentation

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Title: Important tips for Best Mortgage Deals


1
All Western Mortgage
  • Best Mortgage Deals

2
(No Transcript)
3
Tips for Finding the Best Mortgage Deals
  • Most US Citizens require a mortgage in order to
    buy a home. Still, they spend all their time and
    energy in finding the right home, but not the
    right mortgage lender or the right mortgage deal.
    Here are some tips that will help you in finding
    the right home loan that will suit your financial
    needs and requirements.

4
Here are some tips that will help you in finding
the right home loan that will suit your financial
needs and requirements.
  • 2) Meet the actual person behind your loan process
  • 3) Plan for unforeseen or hidden costs
  • 4) Decide on the down-payment
  • 1) Compare the deals

5
  • 1) Compare the deals

2) Meet the actual person behind your loan process
  • When you get a quote from a mortgage company,
    dont just assume that it is the best you can
    get. Also, dont request for quotes from just one
    lender. While comparing the quotes offered by
    various companies, look at the interest rates and
    all the fees charged by them, including
    origination fees, appraisal fees or any other
    type of fees charged by the lender. A no fees
    loan also means that the fees are included in the
    interest rates.

Whoever you have trusted enough to guide you
through your loan process must be experienced and
qualified. It can be a broker, bank employee,
loan officer or a private lender. Make sure you
meet the person and check his qualifications and
expertise yourself.
6
  • 3) Plan for unforeseen or hidden costs

4) Decide on the down-payment
  • Additional costs over and above interest and fees
    may include insurance, real estate transfer taxes
    and escrows for homeowner insurance and property
    taxes. In some scenarios and some states, closing
    agents can save thousands of dollars.

If you are planning to keep the loan for 30
years, it makes sense to pay more as down-payment
in order to get lower interest rates. Whereas, if
you plan on refinancing in a few years, dont pay
more cash up front.
7
Ask us for Help!
  • An All Western Mortgages home loan official can
    effectively and efficiently guide you with your
    loan process. Give us a call on 702-850-2790 now
    and then let us worry about getting you your
    dream home.

8
All Western Mortgage
  • Address
  • 8345 W Sunset Rd, Suite 380 Las
    Vegas, NV  89113
  • Phone
  • 702-850-2790
  • Corporate702-369-0905 Fax E-mail
  • Fax 702-906-0153
  • E-mail info_at_awmlending.com
  • Website
  • http//www.awmlending.com/
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