Denver CO, 30-JUNE-2014 - American Pacific Mortgage Corporation is pleased to announce that a full range of mortgage lending solutions is available for those searching for real estate funding. As one of the best-known mortgage lenders in Denver, home buyers are offered the tools and products to make good borrowing decisions. The company is skilled at managing all the details necessary find and obtain loan solutions.
A company spokesperson explained to an interviewer recently, "The type of mortgage that is the best for a particular home buyer will depend on a number of factors. For example, if you are planning to be in your home seven years or longer, you probably should choose a 30-year fixed-rate mortgage. For those buyers who are likely to move within seven years, an adjustable rate loan is probably better. It is usually harder to qualify for a fixed rate mortgage."
He continues, "When you choose a fixed rate mortgage with a lower term, such as fifteen years, your interest rate will be lower and the home will be yours more quickly. The down side of this loan choice is that the payments are larger. One option that some of our borrowers choose is a 30-year fixed rate loan and voluntarily pay off more than the minimum payment each month."
There are other loan products, the hybrid adjustable rate mortgage gives you a lower interest rate and a fixed payment for a longer period. These fixed periods might be three, five or seven years. Adjustable rate mortgages and others should be carefully reviewed so that the buyer understands the implications of each of the terms.
Learn more about mortgage lending solutions by paying a visit to the web pages online at http://www.apm5280.com today. Members of the press and individuals who need additional details about the contents of this press release are urged to contact the company at the location described below.
Company: American Pacific Mortgage Corporation
Address: 999 18th Street, Suite 3000, Denver, CO 80202
Contact Telephone Number: (303) 357-4805; (303) 357-4808
Email:
[email protected]
Website: http://www.apm5280.com