Loan Calculator      Programs      Loan Process      Mortgage Glossary      About Us     Contact      Home

  • Refinance Home Loans
  • Refinance Cash Out
  • Refinance Home Improvements
  • Home Purchase Loans

Home Mortgage Loan Rates

Not all types of mortgages are created equal. Contrary to what some financial gurus want you to believe, different mortgage options are better for different people. Some individuals need a lower note at the beginning of the mortgage due to their financial situation. Others, however, want more stability and desire a fixed rate mortgage. For those who want the stability, a fixed rate mortgage may be the key. However, some aspects of the loan should be understood.

The main thing to understand about a fixed rate mortgage is that the interest rate is sometimes slightly higher than other loan types. The reason for this is that the home owner is guaranteeing that he or she will have the same interest rate and payment for up to 30 years. As we all know, interest rates change. By locking in the interest rate, the lender is taking the risk that rates will go up substantially, and you will be getting a much lower rate than what could be charged.

Now, depending on the lender you use, the interest rate for a fixed rate mortgage can be nearly the rate of other types of mortgages. One of the ways to get the best rate on a fixed rate mortgage is to use a direct lender, one that loans its own money. That is exactly what you get with Downs Financial.

Downs Financial is a direct lender of mortgage loans. We work with people of all credit types to get them the mortgage they need in a fast and efficient manner. To learn more about Downs Financial, complete our online registration form or give us a call. It could be the best financial decision you make.


Contact Information Tell Us About Your Property
First name:
Type of house owned:
Last name:
Type of loan desired:
Street address:
Current home value:
Balance remaining on mortgage:
Desired loan amount:
Home phone:
( )- -
Fixed or adjustable?
Current interest rate:
Work phone:
( )- - ext.
How would you rate your credit?
Email address:
How did you hear about Downs Financial?

Comments & Special Considerations:

Toll Free: 866-745-5989
Se habla español: 877-749-7933

Downs Financial is a BBB Accredited Business. Click for the BBB Business Review of this Mortgage Brokers in Denver CO Proud member of the Better Business Bureau

Equal Housing Opportunity
Copyright © 1997-2004 Downs Financial, Inc.
Security  Privacy  Legal   Licensing

Refinance Bad Credit Loan Mortgage New Home Loans Bad Poor Credit Loan