What’s in My Mortgage Payment?. Port Moody Mortgage Case Study with a B Lender
What’s in My Mortgage Payment? video duration 8 Minute(s) 32 Second(s), published by Low VA Rates on 11 06 2019 - 20:05:11.
Most mortgage payments include multiple parts, such as PITI and escrow, yet many borrowers may not understand what these terms mean or what exactly is Should you use a mortgage broker vs a bank? Should you get a 30-year fixed or adjustable-rate mortgage? A great way to find the right loan and lending source .
In this educational series, Carrie Becker and Jessie Gill, Mortgage Partners from Traditions Mortgage in South Central PA, explain some common terms used in What is a mortgage renewal? A mortgage renewal is a new agreement to extend or renew mortgage terms with your mortgage holder
What do I need to know?. The video focuses on the most important terms available on a mortgage via a B Lender
A mortgage with a B Lender allows the Applicants to purchase the .
Most mortgage payments include multiple parts, such as PITI and escrow, yet many borrowers may not understand what these terms mean or what exactly is included in their payment.
Knowing the details of your home loan payment can not only help you understand why you’re paying what you’re paying, but it can also give you the tools to navigate things like changes to your monthly costs. It enables you to stay in the driver’s seat in such a major part of your financial life.
If you’d like to better understand your monthly mortgage amount, this quick video can help you get your bearings. In it, loan expert Eric Kandell describes what exactly is included in your payment and why even a fixed-rate loan payment may fluctuate slightly at times.
For more on PITI, check out our post:
https://lowvarates.com/va-loan-blog/what-is-piti/
To learn more about escrow, visit our FAQ page:
http://lowvarates.com/va-loan-blog/faq-what-is-escrow/?fbclid=IwAR3-h8loHny2fbjvCggoL8FHO1ydqqWLq2iFSxGQs4gKvN6AVPramwsjKlw
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About Low VA Rates:
Low VA Rates is a VA-approved mortgage lender that was built out of a desire to help veterans access their VA home loan benefits. With over 10 years of experience specializing in the VA loan, you can trust the Low VA Rates team to help you find a mortgage with great rates and terms.
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Here at Low VA Rates, our name is our promise, and we back it up with cold, hard cash. Right now, get $250 if we can’t beat another lender’s rate.
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