Financing

You found the house, now what?

      There are so many options, so many fees, so many choices in the real estate mortgage world.  At Mirambell Realty, we work with an in house mortgage company who wants nothing more than to earn your business.  Todd Adams, with US Capitol Corp, can help you with all of your financing needs.  He can present you with a variety of products, and assure you that he can get your mortgage done.  Whether it's a refinance or new purchase; Todd is enthused about handling the loan.

      Working with our in house finance consulatant makes closing very easy.  When we need answers on financing, Todd is easy to contact.  Whereas, when using a bank, it is often times a struggle to get in touch with the loan officer.  The competetive prices , combined witrh superb service, makes the financing choice easy.

      Feel free to contact Todd by cell at 504-343-3266 or email at mbellloans@cox.net  

 What the mortgage company needs to know?

      There are plenty of questions to be answered, but this is primarily what will be asked... 

• Your current financial picture (Salary, credit, job history)
• How you expect your finances to change
• How long you intend to keep your house
• How comfortable you are with your mortgage payment changing
• What value do you want your monthly payments to be near

      The best way to find the right "answer" is to discuss your finances, your plans, and financial prospects and preferences with a trained mortgage professional.  

All mortgages are NOT the same!

       When searching for a mortgage, the number one consideration for most buyers is their interest rate.  But buyers beware, oftentimes a lower rate means more fees.  If one comapany is head and shoulders above others, they are probably making the money up somewhere else.  As a buyer, you should immediately request a good faith appliaction.  This will detail any discount points the company may be charging as well as any origination fees being charged.  Typically a mortgage company can "buy down a rate" by charging more upfront fees.  This is something to always check for, and become aware of.  Many loan companies quote rates, but do not mention their charges and fees.  Be knowledgeable and understand how the mortgage company operates, make the wise choice, it will save you plenty of money over 30 years.