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Best way to simplify your mortgage shopping experience

One of the best ways to simplify your mortgage shopping experience is to obtain a pre-qualification using a mortgage broker. A pre-qualification is one of the first steps in the mortgage approval process, and it usually involves answering some basic questions about your ability to repay any financing. Prequalification vs. Preapproval However, getting prequalified for a mortgage and receiving a pre-approval from a lender are two different steps in the process. A pre-qualification involves you and your mortgage broker engaging multiple banks and lenders to get a feel for how much they are wi...

September 6th, 2016 Best way to simplify your mortgage shopping experience

Buying a New Home Has Never Been Easier

Look at this exciting option for anyone looking to buy a new home.    

August 26th, 2016 Buying a New Home Has Never Been Easier

The Significance of Mortgage Brokers in Today’s Lending Environment

Finding a deal on a mortgage is far more than filling out an application with banks and lenders and hoping one of them will give you a low-interest rate with great terms. In today’s lending market, mortgage brokers are the key players who play a significant role in finding best deals for prospective borrowers. Keep this in mind when deciding to apply with a bank or mortgage lender: only brokers work with a network of lenders, and each of those lenders offer varying interest rates and terms. Historic Mortgage Approvals and Interest Rates Banks and mortg...

August 25th, 2016 The Significance of Mortgage Brokers in Today’s Lending Environment

How You Can Pay the Absolute Minimum for a House in a Booming Market

With the homes appreciating rapidly in value, less is more when it comes to a down payment on a home. Many aspiring home owners wonder how you can pay the absolute minimum to buy a house. In today’s booming market, you can put as little as 3 percent down. As your home goes up in value and you pay down your mortgage, you quickly arrive at a 20 percent equity level. With some mortgage options, you can put down 3 percent and still pay no PMI or private mortgage insurance. To pay the absolute least amount of money, consider no closing cost programs and no down payment requirements for Depart...

August 18th, 2016 How You Can Pay the Absolute Minimum for a House in a Booming Market

The benefits of using a mortgage broker

It’s important for borrowers to know about the benefits of using a mortgage broker. This video is a fun way to learn.    

August 10th, 2016 The benefits of using a mortgage broker

Prime Rate Home Mortgage, LLC.

34 Hayden Rowe Street Suite 158
HOPKINTON, Massachusetts 01748
Phone: 508-740-5089
Licensed by the Ma. Division of Banks
NMLS: 1284889

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