Overcome your mortgage intimidation
Just as “apparetif” is a fancy word for an after-dinner drink, and “shindig” is another word for party, “mortgage” is simply another way of saying “home loan.” There are many different types of mortgages, and as with any manner of investment, it pays to shop around. More than half of borrowers don’t comparison shop before selecting a lender to finance their house, and that can cost you in the form of a higher interest payment.
Meanwhile, if you put more cash toward your monthly payment, you’ll actually end up paying less over time. There are a couple of options to pay off your mortgage early — just make sure your extra funds are going to the principal on the loan, not interest.
If you want more information about mortgages, and a straightforward assessment of the process, just contact me today!
