Home Loan Advice From STSFCStop calling ads Dont be pushed into a house Play the game of nines Sell Before You Buy Monday March 27 Home Loan Market March 23rd Home Loan Commentary Daily Loan Rate Advisory Know the score, Credit Scoring!Latest Home Loan Q & AShould I get Prequalified? When is an ARM better? Should I choose ARM or fixed rate? Do I need w-2 forms? What is a broker's responsibilities? Is my lease option a refinance?Charlotte Home Loan Professionals
STSFC is a local mortgage consultant and brokerage firm serving the Carolinas with professionalism and communication.
We are able to work with clients from all situations and explain the best road to a home loan. We have helped hundreds of people acquire their pre-approval and walk away
from renting and into home ownership for the first time. |
When Is An Arm Better?
What are the factors that could cause you to move or upgrade in the next few years?
Why obtain a higher-rate 30-year fixed rate mortgage if a job transfer or twins
is even close to likely? An ARM with a lower initial rate could be a better (and
cheaper) way to go.
If you know that you are only planning on living in a property for a short period of time (1-10 years) then the benefits of getting an adjustable rate mortgage are enhanced. You can enjoy the interest and payment benefits with less of the risk. Ask your lender to help you crunch the numbers.
If you do plan to refinance or sell soon (and therefore pay off the loan),
read the loan documents carefully. Some contracts stipulate a penalty for paying
off the loan early. When buying a home in Charlotte area make sure to consult
a mortgage expert for the best options for your family.
Charlotte Home Loan And Mortgage Tips
This and many other
free tips on the Charlotte mortgage process and offering are compliments
of Lee Sharpe of STS Financial Corporation.
STSFC is a Charlotte Mortgage and Home Loan firm located in beautiful Huntersville, NC providing professional services to the greater Carolinas. STSFC services areas such as Huntersville, Mooresville, Davidson, Lake Norman, Charlotte, University City, Matthews, Rock Hill and Concord North Carolina.

