The many different types of home loans available can seem overwhelming. Should you choose a fixed rate, adjustable rate or government loan mortgage? The truth is there is no right answer. Choosing a loan type is an important decision that is best made after you have researched your options. Remember, taking the time to explore your options now can mean saving thousands of dollars in the long run.
Ask yourself the following questions to determine what loan type is right for you:
A professional lender is the best resource available to help you decide which loan best fits your needs. Follow the general guidelines outlined below to get started selecting the best mortgage for your home.
|How many years do you plan to stay in your home?||Plan(s) to Consider|
|1-3||3/1 ARM or 1-year ARM|
|7-10||10/1 ARM or 30-year fixed|
|10+||30-year fixed or 15-year fixed|
Pitch Edison Financial, LLC is a Mortgage Broker based out of Omaha, NE. As a Financial professional for over 12 years, Mark has the unique ability to navigate a complex industry to provide unmatched solutions and resources to his customers that others simply cannot. Our model allows us to create a custom experience whether you are looking for a better rate, lower fees, a quick closing, down payment assistance or help with credit challenges, we can tailor a loan that is right for you. Let us know how we can hellp you.
Company NMLS: 1703152
14301 FNB Pkwy, Suite 100
Omaha, Nebraska 68154
Phone: (402) 509-4115