Mortgage Loans Mortgage loans are a fundamental part of the home buying and homeownership experience. If you own a home or want to, you need to understand mortgage loans. Mortgage Loans Mortgage loans are the basic staple of the homeownership experience. Unless you have built up a small fortune, you are going to need a mortgage loan to finance the purchase of your dream home. Even if you have that fortune and spend it on your home, you may eventually need a home equity loan for cash flow needs such as covering bills, sending you children to college and so on.

mortgage loans came in a nice, tidy fixed box. The standard bearer was the 30 year fixed interest rate mortgage. If you wanted a bit of flexibility, you could go with an adjustable 30 year mortgage loan. There were more than a few problems with either of these products. First, you had to qualify for the and even slightly bad credit could keep you from doing so. Second, the loans took 30 YEARS to pay back! Third, and most importantly, these mortgage loans were not particularly flexible and rarely took into account the financial situation of most borrowers. Alas, the game has changed considerably over the years.

The current list of mortgage loans available to borrowers is so extensive, it is nearly impossible to list them. There are mixed loans incorporating initial adjustable rates that convert to fixed rates after a set period of time. There are mortgage loans that are interest only, meaning you don't pay the principle and pray your home appreciates over the year. There are balloon loans, bridge loans, bad credit loans and so much more. In fact, new loan products seem to come onto the market each month. Simply put, this is not your father's real estate market anymore.

Boston Real Estate :

As a former social worker and counselor, I bring a unique blend of empathetic listening skills, knowledge of current real estate market conditions, professionalism and integrity to each client I serve.

I also have prior experience in sales in retail, therefore I have strong negotiating and customer service skills -- to be put to work on YOUR behalf.

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