Mortgage Comparison 15 year Loan vs 30 Year Loan

Determining which mortgage term is right for you can be a challenge. With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms, and let us help you decide which term is better for you.

Second Mortgage

Taking out a second mortgage on your home used to carry some stigma with it – a sign that you were in financial trouble. But today, the ability to borrow money against your property is considered one of the biggest advantages of owning a home. A second mortgage is essentially a loan secured by your home or another piece of property with a first mortgage. The second mortgage allows the homeowner to tap into his or her equity to pay for college tuition, essential home improvements, pay off credit card balances or other pressing financial needs.

Getting a Mortgage Loan

Many people think their real estate agent will help them through a confusing mortgage process. Your real estate agent is looking out for you, no question about it. But it's your mortgage lender who wants almost all of those steps and all that paperwork.
Navigate our website http://www.agrealtyfinancial.com to learn how we make getting a loan easier and faster!