Adjustable Rate Mortgages, ARM
Adjustable rate mortgages allow the interest rate to rise and fall during the life of the home loan. Fixed rate mortgages, on the other hand, maintain a constant interest rate for the entire life of the loan. Both fixed and adjustable rate mortgages have their strengths and weaknesses. Unpredictable financial markets can make adjustable rate mortgages risky for Boise homeowners because the rate can increase with little notice. On the other hand, this type of mortgage may allow you to purchase a more expensive home in Boise. To find out more about the differences between adjustable and fixed rate mortgages contact your home loan representative in Boise, Idaho.
We Help First Time Home Buyers
First time home buyers often find themselves overwhelmed by the mortgage process when purchasing their first Boise home. This is why at Affinity Mortgage Corporation we offer special mortgage programs to first time buyers. These programs usually offer lower interest rates, lower down payments, or reduced taxes. These special loan programs combined with the guidance of our experienced Boise mortgage lenders at Affinity Mortgage Corporation will make your first home buying experience effortless.
Boise Real Estate Information
At Affinity Mortgage Corporation we offer real estate information in Boise and many nearby cities. Below is a brief list of some key areas where we offer our services, please browse through the information given about the areas to help guide you in finding a great location. If the area you are currently searching for is not listed below, then please contact one of our mortgage and real estate professionals today at 208.376.4725.
