We are offering interest rates below market. If you fill out your loan application with us online we will give you a deeply discounted mortgage. This means No Up Front Points. No upfront points means you will save thousands in closing costs. This also means you will also save thousands in interest paid on your mortgage because you are getting the rate much lower than the market rate.
The website is www.Benchmark4u.com. We are a technology oriented company and are rewarding our clients that take advantage of our systems. We take GREAT pride in the service that we offer all of our clients and are looking forward to assisting you.
Call us Today Or Go Directly To our Website!!
ROBERT VOGAN
BENCHMARK FINANCIAL INC
951-813-2726 EXT 4
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Lock In Your Interest Rate |
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A lock, also called a rate lock or rate commitment, is a lender's promise to hold a certain interest rate and a certain number of points for you, usually for a specified period of time, while your loan application is processed. Depending upon the lender, you may be able to lock in the interest rate and number of points that you will be charged when you file your application, during processing of the loan, when the loan is approved, or later. Shorter loans, such as a 20 year or 15 year note, can save you thousand of dollars in interest payments over the life of the loan, but your monthly payments will be higher. An adjustable rate mortgage may get you started with a lower interest rate than a fixed rate mortgage, but your payments could get higher when the interest rate changes. A larger down payment greater than 20% will give you the best possible rate. With a down payment of 5% or less, you should expect to pay a higher rate as you are starting with less equity as collateral. If you've got the cash now and want to lower your payments, you can pay points on your loan to lower your mortgage rate. It's a simple concept, really. In exchange for more money up front, lenders are willing to lower the interest rate they charge, cutting the borrower's payments. Closing costs are fees paid by the lender, if you do not want to pay all of the closing costs, expect a higher rate which will pay the lender additional interest over the life of the loan. Your credit quality and debt-to-income ratio affect the terms of your loan through your FICO Score. If you have good credit and your monthly income far surpasses your monthly debt obligations, you will get approved at a lower interest rate. However, if your monthly income barely covers your minimum debt obligations, even if you have a good credit report, you will not receive the lowest available interest rate.
ROBERT VOGAN BENCHMARK FINANCIAL INC. 951-813-2726 EXT 4
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All Benchmark Financial, Inc. professionals are highly trained to follow market fluctuations and economic volatility so you get the best possible outcome to your individual circumstance. Join us, Be up-to-date on what is going on in the mortgage industry. If you have questions please feel free to contact us.
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Benchmark Financial Inc was founded by my partner and I. We have over 30 years combined experience in the mortgage industry. We offer mortgages at steep discounts from our competitors.
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