Fixed Rate Mortgages
Dream Money Fixed rate mortgages allow a borrower to know what all future monthly payments will be. Because the interest rate is fixed, your payments will not vary when you use a fixed rate mortgage.
With a fixed rate mortgage, you calculate how long it will take to pay off all the principal and interest, and you arrive at a monthly payment. You will pay the same monthly payment though the entire term of the fixed rate mortgage. Of course if you sell your home before the end of the term, you can just pay off the balance that you owe. Apply now or contact us to find out more.
- LOANS MAY BE SECURED ON YOUR HOME.
- THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
- YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
- IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.