Finance your home purchase with mortgage options that meet your needs.
Purchasing a new home is an exciting but stressful process — no matter if it’s your first home or your fifth. Securing home financing is perhaps one of the most complex parts of the process, which is why at HUNT Mortgage, our Mortgage Consultants are here to make it easy and stress-free, guiding you every step of the way.
Factors to consider when applying for a mortgage include:
Mortgage interest rates vary based on the type of loan you choose and how risky the lender considers the loan to be. Typically, homebuyers with higher credit scores will have lower interest rates. Rates also change frequently based on inflation rates and other economic factors. To find out today’s rates, contact your HUNT Mortgage Consultant.
The amount of money you will pay on your mortgage per month will be primarily based on how much you are borrowing and the amount of time you have to pay it back. A 30-year loan, for example, will have smaller monthly payments than a 15-year loan (although keep in mind that you will also pay more in interest). Your monthly payment will consist of a principal, interest, taxes, property insurance and private mortgage insurance if you are putting less than 20% down. Learn more about low down payment options.
Your mortgage term is the amount of time you have to pay off the loan. Thirty-year loans are the most popular, but other options include 10, 15, 20 and 25 years.
There are also various types of mortgages which our team can help you navigate. These include fixed-rate mortgages, VA home loans, FHA home loans, jumbo home loans and a variety of specialty loans. Based on your situation, we will recommend and review loans with you that are best suited for your needs and budget.
Get approved for a mortgage that fits your budget.
We are here to help you understand all of these factors and how they will impact the amount of money you’ll spend over time. Our goal is to help you get approved for a loan that meets your unique financial needs so you can move into a new home sooner. Contact us today to meet with a Mortgage Consultant and learn more. You can also request a quote online and we will be in touch. We look forward to working with you!