A mortgage comes with many moving pieces and understanding them is the key getting a great deal. Unfortunately, studies show that few Americans have a firm grasp of how mortgages work — from mortgage types to mortgage fees.
In this back-to-basics interview on NBC’s The Today Show, you’ll learn some mortgage planning basics to help you get smarter with your next home loan in Henderson or anywhere else — purchase or refinance.
Some of the topics covered include:
- The mortgage applicants for whom adjustable-rate mortgages are a better choice than fixed-rate mortgages
- Why you should include “How Good Is This Lender?”-type questions in the rate shopping process
- What a pre-approval letter is good for, and what it is not good for
There is also one of the most simple explanations of “discount points” ever offered on network television.
The video runs 4-and-a-half minutes. For first-time buyers and experienced ones, it’s worth a watch. You’ll pick up some tips to use on your next mortgage.
Considering a Las Vegas New Home purchase?
Use our Las Vegas New Homes search to define your criteria (price, location, home features) and access photos and floor plans.
Prefer an Existing Home?
Search all Las Vegas Existing (Resale) Homes for Sale using our free, interactive map-based search.
Search all Las Vegas Foreclosures, including Henderson, Green Valley and North Las Vegas bank-owned homes.
Contact us today and we will get you started on the road to your Las Vegas Home purchase: 702-608-5260
If you are a Las Vegas homeowner who would like to know more about Alternatives to Foreclosure including the Las Vegas Short Sale process, contact us to schedule a Foreclosure Alternatives Consultation.
Related posts: