What is a mortgage? A mortgage is a loan specifically for buying property. It’s your key to home ownership.
The loan has two parts: the principal, the amount you borrow, and the interest, a percentage you pay for using the lender’s money.
Mortgages come in various forms, including:
- fixed rate with consistent interest
- adjustable rate with changing interest
- and others tailored to different needs when applying for a mortgage.
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Make sure you can afford the monthly payments. Look for the best interest rate and loan terms that suit your financial situation.
Ready to buy or sell your home? Get the expert advice and dedicated service reach out for a consultation.
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One of the reasons to call the Agardi Team if you want to buy a home or have one to sell is:
Not only do we sell our clients’ homes for more money and faster than the average area agent, but your home is also more likely to sell. According to 2015 MLS statistics, only 71% of area homes sold during their listing term. Compare that to our 95% of homes listed that sold before the end of the listing term. YOUR HOME SOLD GUARANTEED OR WE’LL BUY IT*
To discuss the sale of your home, call The Agardi Team at 718-755-2882 and start packing!
*Agardi Team and the seller have to agree on the price and the closing date.
