|
|
|
|
|
|
You can get the lowest mortgage interest rate, but the fees are higher. You can get the lowest closing cost fees, but it costs you in a higher rate. It’s important to look at which combination of rate and fees works for your short and long term plans. Example of Rate vs. Costs on a $200,000 - 30 year fixed loan. Options: You Choose Loan Type Jan 2010 - 30 Year Fixed Interest Rates 5.00% Rates and fees below are examples only and do not reflect current rates or costs
As you can see from the examples, the lowest rate & the lowest fees do not go hand-in-hand. It’s just not possible to give both the best rate AND the lowest closing costs.
It's important to know what loan programs and closing cost options are available. Armed with knowledge, it's possible to get the best loan for your particular circumstances. Once you in the know, you may comfortably pick the loan type that works best for your circumstances.
I look forward to speaking with you. Let me know how I might be of service to you in any way. Service is what it is all about. Home Loan New Mexico - an independent licensed New Mexico Broker We offer Lower Rate , Normal Quote, No Lender Cost, and NO Cost loans..
---Archer---> *closing costs do not reflect exact fees, but were used for ease in showing how comparissons are done. |
|
PManager v1.95 ©2005 PIV, Inc. |
Free Silver City and Grant County New Mexico Real Estate Search.
Listings on this site were last updated on Mon Feb 8 2010. © 2005 Multiple Listing Service of the Silver City Regional MLS. All rights reserved.
The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the Silver City Regional MLS. Real estate listings held by other than Alan Archer - Hacienda Realty and Associates GMAC Real Estate or the Dream Home New Mexico "Dream Team" are marked with the IDX logo. All information on this site is deemed reliable but not guaranteed. All Rights Reserved Dream Home New Mexico L.L.C. |