Free Mortgage Guide – Choose the Right Mortgage

CLICK HERE TO GET THE FREE MORTGAGE GUIDE NOW

 Your Kalamazoo lender will help you make the best decision, but this guide will give you a great background and will help you learn about mortgages in plain English.  This ebook is 39 pages and we will send it to you FREE! This is not a random assortment of questions and answers. This guide covers all the basics about mortgages in Kalamazoo and the surrounding areas so you will be completely confident as you procede through the home purchase process. Be sure to complete the form at the bottom of this form and the booklet will be on its way to you.

Here are some excerpts from the guide so you can preview the great information you will get:

 What is your buying power with a mortgage in Kalamazoo?

 One easy way to find out how much you can afford is to get preapproved by a Kalamazoo mortgage lender. Many lenders will be  happy to tell you how large a mortgage they might offer you. At the prequalification stage, you do not need to obligate yourself by paying an application fee and actually applying for the mortgage……….To read the rest COMPLETE THE FORM BELOW and we’ll send you the entire mortgage guide free!

What is a mortgage loan?

 A mortgage forKalamazoo real estate requires you to pledge your home as the lender’s security for repayment of your loan. The lender agrees to hold the title to your property (or in some states, to hold a lien on your title) until you have paid back your loan plus interest.  If you do not repay your mortgage loan, the lender has the right to ……….To read the rest COMPLETE THE FORM BELOW and we’ll send you the entire mortgage guide free!

Principal and Interest

All mortgages for Kalamazoo real estate have two features in common. The first feature is the mortgage principal, which is the actual amount of money you borrow. So, if you take out a $70,000 mortgage your mortgage principal is $70,000. The second feature is the mortgage interest, which is the money you pay for use of the money you borrow. How much interest you pay……….To read the rest COMPLETE THE FORM BELOW and we’ll send you the entire mortgage guide free!

Amortization

Over time, you will repay your mortgage  for Kalamazoo real estate gradually through regular, monthly payments of principal and interest…….

Four factors that affect your mortgage payments.

If you’re shopping for a home in the greater Kalamazoo area, you know that the price of a house is determined by location, size, special features (such as a garage, a deck, an extra bathroom), and overall market conditions. However – before you fall in love with your new dream home – learn the four factors that may be the key to whether or not you can afford that house of your dreams.
They are:
• the size of your down payment,
• the amount of your mortgage……….To read the rest COMPLETE THE FORM BELOW and we’ll send you the entire mortgage guide free!

How large a down payment can you afford?

Your down payment will reduce the amount you’ll need to borrow. So, the more cash you put down, the smaller the size of your loan. And the smaller your mortgage payments will be. Lenders often view mortgages with larger down payments asmore secure because you have more of your own money invested in the property. Saving enough money……….To read the rest COMPLETE THE FORM BELOW and we’ll send you the entire mortgage guide free!

Your actual mortgage payments will depend in large part on the amount you borrow – your mortgage principal. Your income and your debts are the most important factors for determining how large a mortgage you will be able to get. If you are buying a house……….To read the rest COMPLETE THE FORM BELOW and we’ll send you the entire mortgage guide free!

The guide shows you exactly how you can calculate your monthly income………….

The guide shows you exaclty how you can calculate your long term debt…………..

The guide shows you exactly how low an interest rate do you expect to get?……………

If you’ve ever shopped for a credit card or a car loan, you know that getting the best interest rate is a very important part of your shopping decision. The same is true when you shop for a mortgage. As with any other loan, the lower your interest rate, the lower your monthly payments. Or……….To read the rest COMPLETE THE FORM BELOW and we’ll send you the entire mortgage guide free!

The guide will tell you how short term loans offer lower interes rates…………..

The guide explains the diffference between adjustible rate vs fixed interest rate…………….

The guide explains how paying discount points can lower your interest rate………….

Interest Rate Lock-Ins

While you shop for a loan, interest rates can change frequently. So it’s important to ask if the mortgage lender will offer you……….To read the rest COMPLETE THE FORM BELOW and we’ll send you the entire mortgage guide free!

The most popular mortgage – the 30-year fixed-rate loan – gives you a full 30-year repayment schedule. If you make every monthly payment as scheduled (without prepayments or missed payments), you will own your home debt-free 30 years from the day………….

Shorter Repayment Periods Mean you Will Own Less Interest

The length of your mortgage repayment period will directly impact…………….

More frequent payments make your final payment date sooner

In addition to the original term of your mortgage, your payment
schedule can affect how quickly your loan gets repaid. Most loans require you to make one payment a month, or 12 payments a year.
However, you almost always have the option to……….To read the rest COMPLETE THE FORM BELOW and we’ll send you the entire mortgage guide free!

The guide shows you how you choose the right mortgage when you purchase kalamazoo real estate……….

The guide explains the advantages of fixed-rate mortgages when purchasing Kalamazoo real estate ………..

The guide explains the advantages of adjustable-rate mortgages for your Kalamazoo real estate (ARMs)………….

The guide explains about Balloon mortgages in Kalamazoo…………..

The mortgage guide for Kalamazoo explains Government Insured loans……..