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Fixed rate mortgages are generally offered through a FHA or VA loan provider. One of the main requirements for these is to have an established credit score that of atleast 620.

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What are the main requirements for obtaining a business VISA card in the UK?

There are several requirements for obtaining a business VISA card in the UK. The main requirement is smart money management, which is essential to the success of any business.


Which type of mortgage is designed so that payments remain the same throughout the life of the loan?

A mortgage with fixed payments is a loan that has a fixed interest rate and a fixed repayment term. The payments for this type of mortgage remain the same throughout the life of the loan. The main advantage of a mortgage with fixed payments is that you can budget more easily because you know exactly how much you need to pay each month. However, these loans usually have higher interest rates than adjustable-rate mortgages, which means you may end up paying more in the long run. My recommendation: 🐌 πŸŽ€ π’½π“‰π“‰π“…π“ˆ://π“Œπ“Œπ“Œ.π’Ήπ’Ύπ‘”π’Ύπ“ˆπ“‰πŸ©π“‡π‘’πŸ€πŸ¦.π’ΈπŸ’π“‚/𝓇𝑒𝒹𝒾𝓇/πŸ₯𝟩𝟀𝟧𝟩𝟨/π’°π“ƒπ“€π“ƒβ™‘π“Œπ“ƒπ“Žπ“‚πŸ’π“Šπ“ˆ/ πŸŽ€ 🐌


What are the benefits of getting a second mortgage refinance?

The main benefit of a second mortgage refinance is that it allows one to not have to create a new mortgage. Creating a new mortgage can be a hassle, which a second mortgage can alleviate.


What is the main difference between a balloon mortgage and ARM?

A balloon mortgage features a fixed interest rate for a set period, after which the remaining balance is due in a lump sum payment, often leading to the need for refinancing. In contrast, an Adjustable-Rate Mortgage (ARM) has an interest rate that can change periodically based on market conditions, typically starting with a lower fixed rate for a few years before adjusting. While both can offer lower initial payments, the balloon mortgage carries more risk at the end of its term, whereas ARMs can fluctuate in monthly payments throughout the life of the loan.


What is the main benefit of fixed rate mortgages?

In a fixed rate mortgage, the interest rate remains the same for the entire term of the loan, which means that the payment remains the same throughout. The payment on an adjustable rate mortgage is subject to change. The payment will remain the same for the term of the first period, prior to the first adjustment. But then, if rates go up, the mortgage rate will increase, thus increasing the payment, sometimes to a level that is beyond the reach of the home owner. While an ARM could also mean a decrease in the monthly payment (if rates go down), it is a gamble that most people can't afford to take. For the purposes of budgeting, a fixed rate mortgage brings with it no surprises. Have a look at this website: http://www.mortgage101.com/

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What are the main requirements for obtaining a business VISA card in the UK?

There are several requirements for obtaining a business VISA card in the UK. The main requirement is smart money management, which is essential to the success of any business.


What are the benefits of obtaining a 125 mortgage?

The benefits of obtaining a 125 mortgage can vary depending on the state which one resides. The main benefit is that a consumer might be able to borrow up to 125% of the value of one's home.


What are the advantages of no cost mortgage?

The main advantages of obtaining a no cost mortgage is that one would not have to pay a monthly fee for the service. The downside of such an offer is that these costs will most likely to added to the interest rate.


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What are the regulations and requirements for obtaining a water main easement on private property?

To obtain a water main easement on private property, you must comply with regulations set by local authorities. This typically involves submitting an application, providing detailed plans, and obtaining necessary permits. The requirements may vary depending on the location and specific circumstances. It is advisable to consult with a legal professional or local government office for guidance on the specific regulations and requirements in your area.


Which type of mortgage is designed so that payments remain the same throughout the life of the loan?

A mortgage with fixed payments is a loan that has a fixed interest rate and a fixed repayment term. The payments for this type of mortgage remain the same throughout the life of the loan. The main advantage of a mortgage with fixed payments is that you can budget more easily because you know exactly how much you need to pay each month. However, these loans usually have higher interest rates than adjustable-rate mortgages, which means you may end up paying more in the long run. My recommendation: 🐌 πŸŽ€ π’½π“‰π“‰π“…π“ˆ://π“Œπ“Œπ“Œ.π’Ήπ’Ύπ‘”π’Ύπ“ˆπ“‰πŸ©π“‡π‘’πŸ€πŸ¦.π’ΈπŸ’π“‚/𝓇𝑒𝒹𝒾𝓇/πŸ₯𝟩𝟀𝟧𝟩𝟨/π’°π“ƒπ“€π“ƒβ™‘π“Œπ“ƒπ“Žπ“‚πŸ’π“Šπ“ˆ/ πŸŽ€ 🐌


What is the purpose of a mortgage calculator?

There are many reasons that one might use a mortgage calculator when looking for a mortgage loan. The main purpose of a mortgage calculator is to determine the worth of a mortgage loan.


What are the benefits of getting a second mortgage refinance?

The main benefit of a second mortgage refinance is that it allows one to not have to create a new mortgage. Creating a new mortgage can be a hassle, which a second mortgage can alleviate.


What are the divorce requirements by state in the United States?

Divorce requirements vary by state in the United States. Generally, the main requirements include meeting residency requirements, citing a valid reason for divorce (such as irreconcilable differences), and reaching agreements on issues like property division and child custody. Each state has its own specific laws and procedures for obtaining a divorce.


What is the main difference between a balloon mortgage and ARM?

A balloon mortgage features a fixed interest rate for a set period, after which the remaining balance is due in a lump sum payment, often leading to the need for refinancing. In contrast, an Adjustable-Rate Mortgage (ARM) has an interest rate that can change periodically based on market conditions, typically starting with a lower fixed rate for a few years before adjusting. While both can offer lower initial payments, the balloon mortgage carries more risk at the end of its term, whereas ARMs can fluctuate in monthly payments throughout the life of the loan.


What is the main benefit of fixed rate mortgages?

In a fixed rate mortgage, the interest rate remains the same for the entire term of the loan, which means that the payment remains the same throughout. The payment on an adjustable rate mortgage is subject to change. The payment will remain the same for the term of the first period, prior to the first adjustment. But then, if rates go up, the mortgage rate will increase, thus increasing the payment, sometimes to a level that is beyond the reach of the home owner. While an ARM could also mean a decrease in the monthly payment (if rates go down), it is a gamble that most people can't afford to take. For the purposes of budgeting, a fixed rate mortgage brings with it no surprises. Have a look at this website: http://www.mortgage101.com/


What are the main terms of a first mortgage?

The Keywords or main terms of a first mortgage are "Mortgage", "Lender", "default", "liens", "property", "borrow", "collateral", "risk", "contract" and secondary words for the matter could be "Agent", "Money" and "banks".