Awesome Loan Programs
Awesome loans Introduction
The loan is a really important part of your transaction! It can decide how much house you will by, what your payments will be, and whether you even qualify!
Every loan person is different- some care a lot, others just want to rake them in- make as much money in as little time as they can. Some take on too many loans going at the same time-and they forget to do things when they should be done- and your house closes late or not at all- or your interest goes up because you missed the deadline. Or maybe they do a good job, but throw in a bunch of hidden fees that you won't recognize- they make the money on the back! That happened to me one time and I knew enough about loans to notice it- I was being charged from extra fees- and my interest rate had gone up a full half percent ...so that the loan guy could make some extra money! It made me so mad, I refused to sign - and they had to redo the papers. It is important to have an honest, upfront loan person- who explains to you what your options are, what your costs will be, and stays on top of it so it gets done on time!
There are also a lot of different types of loans out there- 30 year fixed, 40 year fixed, interest only, 10-20-30, Negative Amortization, Oregon Bond, Acorn Housing..,....and on and on and on. Who will help you decipher all this. And what about if you have bad credit? Can you get a loan?
I have put together this loan page to help you through all of this. There are some loan people I use that have specialties- and they have put on some good information to help you in your decision. Click on the loan people below to find out more about what they do and get their contact information!