When you are in the market to buy a new home, it is important to take the time to learn what the best options for you. The most important thing that everyone thinks of first is interest rate, but you must also consider the loan term and what your total interest will be when you home is paid in full. I am leery of ARMs (Adjustable Rate Mortgage) because you never know what the future may hold. You might think you are moving in a few years, but what if you are unable sell your home in time? I think fixed rate mortgages are the best choice, but that is just my personal preference. I also think if you can manage it, a 15 year loan would be best. That is what I would like to do with our mortgage.
If you are looking for a mortgage company that has strong ethics and has been around for almost 100 years, check out CapWest Mortgage:
- CapWest Mortgage has been in business since 1971, but its parent, Farmers Bank & Trust, N.A., of Great Bend, Kansas has been in business for over 97 years. CapWest Mortgage has the same strong ethics as Farmers, they are honest and provide quality to their customers.
- CapWest Mortgage is a family owned community bank which has grown in assets from $4 million to $520 million.
- CapWest is approved by Costco and Costco members save even more!
- CapWest rewards you with lower rates when you have good to excellent credit!
- No discount points
- No origination points
Click on the ad to check them out today and see how you qualify:
