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What type of home mortgage is best for a small one family home?
Wiki User
∙ 11y ago
The type of home mortgage will vary depending on your family and economic needs, as well as location of the home, or services of the bank or mortgage broker. There are traditional, fixed-term mortgages, variable-rate mortgages, as well as Federal Housing Authority mortgages available for single-family dwellings and first-time homebuyers.
Wiki User
∙ 11y ago
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What is a good way to get a cheap home mortgage?
A good way to get a cheap home mortgage is by buying a home that is small. The larger the house, the more the mortgage will cost. The mortgage depends on the size of the house.
What is the best way to get a good mortgage?
The best way to get a good mortgage is to shop around. You will have to shop around in order to find the best rate on a home mortgage.
Where is a good place to get your first home mortgage?
The best place to get a first home mortgage is through a bank or even a mortgage broker. They often will offer the best rates and advise on how much one can afford to pay for a first home.
Where can one go to refinance a home mortgage?
To refinance a home mortgage one can do the following suggestions; ask friends and family about trusted business contacts for a mortgage lender referral, consult bank for mortgage loan and consult the mortgage broker.
What is the best bank to refinance a home mortgage with?
It is often recommended to have a home mortgage with a small bank, for reasons of customer service and supporting the local community. However, it's important to research whichever bank would give the best mortgage rates, given that the reason folks typically refinance is to get lower rates or pay lower payments.
Where can one find the best home mortgage loan?
The best home mortgage loans can vary depending on an individuals financial and personal history. However, some of the leading companies that offer the best home mortgage loans are Capital One, Quicken Loans, and Wells Fargo.
Should I buy mortgage insurance for a home?
You will have to buy mortgage insurance for a home. I don't believe it is an option as it is required while you have an outstanding mortgage. Look into the best available.
Who are the top rated home mortgage lenders?
The top rated home mortgage lenders are Lending Tree, Quicken Loans, Bank of America, Chase, Wells Fargo Home Mortgage, US Bank, and Citi Bank. There are other home mortgage lenders, but it would be best to shop around to find the best rate for the situation.
How can one avoid home refinacing with bad credit?
There are a few ways: One is to allow a buyer to purchase a portion of home equity, allowing the family to stay in the home while maintaining affordability, another is to sell the home as a reverse mortgage, allowing the family to stay in the home as well. This option works best if the family is elderly.
Where can I find a small home mortgage loan company instead of going with a huge national bank?
There are several places to find small home mortgage loan companies. One of the easiest ways to find one such loan is to visit a small city which will likely have small banks that offer home loans.
What is the status of the mortgage on the Loman family home?
There is only one payment left.
What is the best way to refinance for a home mortgage?
The best way to refinance for a home mortgage is not the same for everybody. There are several factors one must consider such as credit score and interest rates.
