Surprising Facts About Mortgages - Read Now! - PowerPoint PPT Presentation

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Surprising Facts About Mortgages - Read Now!

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Many borrowers think getting a mortgage will be easy but that’s not always a case. Here are the few interesting facts about mortgages that everyone should be aware of. Visit – PowerPoint PPT presentation

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Title: Surprising Facts About Mortgages - Read Now!


1
Interesting Mortgage Facts You Should Know
www.mortgagebrokerbc.com
2
  • Mortgages are tricky and often hard to
    understand. Before buying or refinancing a house,
    its important to research and learn as much
    about mortgage lending as possible.
  • Here mentioned are the interesting mortgage facts
    will give you an advantage when shopping for a
    home or refinancing an existing loan.

www.mortgagebrokerbc.com
3
  • Fact 1 - Mortgage Rates Change
  • Just like the stock market industry, mortgage
    rates are ever changing. Mortgage rates you see
    today may not be available tomorrow.
  • If you are in the market for a mortgage loan, be
    sure to check the current rates being offered by
    lenders.

www.mortgagebrokerbc.com
4
  • Fact 2 Fees Vary Depending On Lenders
  • Don't expect every lender to charge the same fees
    for a mortgage loan. Every lender structures
    their fess differently, so its important to shop
    with at least 3 lenders to compare the fees.
  • So, the next time, while applying for mortgage
    loan pay attention to the rates.

www.mortgagebrokerbc.com
5
  • Fact 3 Your Credit Score Matters
  • When you apply for a mortgage loan, the lender
    will pull your credit scores from three credit
    bureaus (Transunion, Equifax and Experian) to
    help them determined if you are credit worthy.
  • Your middle score of the three is what lenders
    will use for loan qualification.

www.mortgagebrokerbc.com
6
  • Fact 4 - Refinance Your Home Loan Anytime
  • You can refinance your mortgage anytime, but it
    doesn't necessarily mean you should. Just think
    about why you want to refinance and make an
    informed decision.

www.mortgagebrokerbc.com
7
  • Fact 5 - Get a Mortgage Loan after a Foreclosure
  • There is good news for these borrowers because
    they can get a mortgage loan after foreclosure.

www.mortgagebrokerbc.com
8
  • MAC - Mortgage Approval Corp. Get the Best
    Mortgage Approval at the Best Rates
  • MAC is Capable of Providing Fast, Confidential
    and Efficient Service with the Least Amount of
    Inconvenience to the Borrower. If You Need a
    Mortgage,
  • Call Toll Tree 1-855-676-3583
  • Visit www.mortgagebrokerbc.com

www.mortgagebrokerbc.com
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