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All rates in this advertisement are subject to change without notice. Maximum loan is limited to 80% of appraised value less consideration of first mortgage. If a first mortgage is in place it must be an institutional loan. An existing Home Equity Line of Credit may be modified and extended one time only.
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Watertown, NY – Mortgage Loan Originator Our Team Homestead Funding’s team of mortgage professionals has a proven reputation of providing exceptional customer service while offering a multitude of home financing options.
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Mortgage rates can change daily, and can vary widely depending on the borrower’s personal situation. The difference can mean tens of thousands of dollars over the life of the loan. Here are some tactics to help you find the best mortgage rate for your new home loan. Shop Around
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These loans remain at a set interest rate throughout the duration stated in your terms (10, 15, 20, or even 30 years) with equal monthly payments made throughout. This is a popular choice for home buyers looking to make consistently low payments. Adjustable-Rate Mortgage. Unlike a fixed-rate loan, the interest rate on an ARM can vary from year.
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