This type of loan has 360 monthly payments that remain the same for the entire 30 year period after which time the loan is paid in full. The monthly payment is based on an interest rate which does not change over the term of the loan (hence the term "fixed rate"). This traditional type of loan is available for those with good or bad credit.
Apply today and have a real Loan Pre-Approval Letter faxed or mailed to you within 1-4 days. That's right a Pre-Approval Letter that let's your Seller &
Realtor know that you are pre-approved with one of our lenders not just
pre-qualified.
Mortgage Consultant with Charles Rutenberg Financial Services