Without any doubt, the 30-year
Calif. mortgage loan is the most popular of all. The loan term makes
it affordable, and because the interest rate never changes, there
will be no surprises.
A 15-year Calif. mortgage loan may be available
for certain borrowers. The monthly payment will be far higher than
with the typical 30-year fixed-rate mortgage loan, but the advantage
is that the borrower can pay down the principal much more quickly
and far less money will be spent on interest.
Whether you choose the long- or
shorter-term home mortgage -- for a purchase or refinance -- we
can probably set it up for you. Give us a call. Michael will have
a broker get back in touch with you right away. Call toll free:
888-632-9939.
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