Tag Archives : loan rate

Construction Permanent Loans: A Blessing for Builders

Construction Permanent Loans: A Blessing for Builders

Now days it is not a difficult task to construct a residential or commercial building because there are a large number of banks and other financial institutions who are offering construction permanent loan. This loan has two phases. In first phase a consumer pays interest to bank till completion of construction and in the second phase when building is completed it mortgage is applied to the structure.

Importance of Credit Score in Refinancing

Importance of Credit Score in Refinancing

A person who chooses refinance loan options should know the importance of credit report score. Credit report has paramount importance in this agreement. If a person has credit report with high score he will have to pay interest at very low rate because quote rates are inversely proportional to your credit report score.

Reverse Loan Rates

Reverse Loan Rates

Reverse mortgage loans are the good options to refinance your mortgages without having to pay off monthly loan payments. These loans are also helpful in reducing the monthly expenses by cutting down monthly loan payments.

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