How to Choose the Right Loan Bonita Springs FL

Purchasing a home is the single largest expenditure you will make, so manage the financing with great care.

Local Companies

CHUCK KABIS MRA, CMC
239-298-3090
1019 CROSSPOINT DR
NAPLES, FL
First Florida Financial Group, LLC
877-424-4562
907 Jennifer Lane
Fort Myers, FL
Primary Residential Mortgage
(239) 444-5626
27499 Riverview Center Blv
Bonita Springs, FL
Summit Mortgage
(239) 495-2554
24850 Old 41 Rd
Bonita Springs, FL
Cmi Mortgage Co
(239) 444-5616
27499 Riverview Center Blv
Bonita Springs, FL
First Capitol Mortgage
(407) 786-0090
320 W Sabal Palm Pl
Longwood, FL
Fifth Third Bank
(727) 587-0944
705 8th Ave SW
Largo, FL
Intercoastal Mortgage Company
(352) 241-6124
Clermont, FL
Moneylink Mortgage
(813) 319-4000
1411 N West Shore Blvd Ste 310
Tampa, FL
New World Commercial Lender
(305) 857-3424
2000 S Dixie Hwy Ste 107
Miami, FL

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Purchasing a home is the single largest expenditure you will make. Therefore, the financing of your home should be managed with great consideration.

 

There are many different loan products available today and it is often difficult to pick the one best suited toward your financial goals. By answering the following questions, you’ll get a feel for the best loan for your financial situation.

 


How Long Do You Intend to Occupy This Property?

Length Of Stay In Property Loan Programs To Consider
1-3 Years 1- or 3-Year Adjustable Rate Mortgage (ARM)
4-6 Years 5- or 7-Year ARM;
5- or 7-Year Balloon
7 Years 10-Year ARM;
15-,20-, or 30-Year Fixed Rate Mortgage

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Would You Prefer a Lower Payment or More Rapid

 Accumulation of Equity?

Finiancial Goal Loan Programs To Consider
Equity Buildup 15- or 20-Year Fixed
Minimized Payment 1-, 3-, 5-, or 7-Year ARM;
30-Year Fixed

 

 

 

What Do You Feel Interest Rates Will Do in the Future?

Overall I Believe Interest Rates Will Loan Programs To Consider
Rise 30-, 20-, or 15-Year Fixed;
7- or 10-Year ARM;
7-Year Balloon
Fall 1-Year ARM
Stay About the Same 1-, 3-, 5-, or 7-Year ARM

 

 

 

How Well Do You Tolerate Risk?

Risk Tolerance Loan Programs To Consider
Uncomfortable With Vulnerability To Interest Rate Fluctuations 15- or 30-Year Fixed;
10-Year ARM
Comfortable With Market Changes 1-, 3-, 5-, or 7-Year ARM;
5- or 7-Year Balloon

 

 

 

Published on January 19, 2007

Read full article at realestate.com

Featured Local Company

CHUCK KABIS MRA, CMC

MORTGAGE BANKING WITH A PROFESSIONAL LENDER/CONSULTANT

239-298-3090
1019 CROSSPOINT DR
NAPLES, FL
WWW.MORTGAGEADVISORS.COM\CHUCKKABIS

RECOMMENDED 34 years...
YOUR BEST MORTGAGE AND BANKING RESOURCE


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