Shopping for a mortgage can feel like going to the dentist! You know it is something you'll need to do, but it's not something most of us enjoy doing. Just the 'mortgage terminology' alone can make your head spin!
Caroline Blanzaco, a writer for the auto and health insurance industries, recently posted a great article on Obrella.com. In the article, she covers 9 questions to ask before taking out a mortgage. We like that she uses 'plain language' to explain topics such as APR, points, closing costs and prepayment penalties. READ HER ARTICLE HERE.
Besides finding a great interest rate, it's important to find a lender or mortgage broker who will take the time to fully explain the mortgage products they offer and help you determine the best fit for your individual situation. Some buyers prefer local lenders, some prefer national lenders. That's a personal choice you'll need to make. If you are unsure, we suggest that you seek recommendations from your friends or your trusted Advantage Build real estate agent.
One things for sure, if you are like most of us, your mortgage will be with you for a long time. We think the more informed you are, the better you'll feel about the mortgage you choose.
Thanks for reading our blog. Hope you found this information helpful!
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Advantage Build LLC Real Estate can help you buy, sell or build your next new home! Call us at (336) 601-7259 or email us at advantagebuildllc@gmail.com.
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