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Things You Should Know About When Getting A Mortgage

If you are searching for the right home loan in Huntington Beach, California, you have come to the right place. Makeway Mortgage is a family-owned business that strives to give each customer the best service possible. They take the time to listen to each customer’s needs and will do everything possible to meet them. No matter your needs, they will do their best to find a channel for them. In addition to being a top-rated home loan provider, they offer a variety of loan programs to meet your needs.

Located in Huntington Beach, California, Makeway Mortgage prides itself on its commitment to customer service. Whether you are purchasing a home, refinancing your current home, or obtaining a new loan, Makeway Mortgage will find a channel to meet your needs. Read on to learn more about their services and why they stand out from other mortgage lenders. Here’s a breakdown of their main benefits.

When looking for a competitive mortgage loan, MakeWay Mortgage Inc. is a great place. They offer the best over all package on the market.

Lower mortgage loan-to-value ratio translates to lower rate

A loan-to-value ratio is the size of your mortgage compared to the value of the home. A lower mortgage loan-to-value ratio generally means that you can get a lower interest rate. You can calculate this by thinking about your down payment as xx% of the purchase price, and using that number to determine how much you can borrow. This ratio is one of the primary factors in a lender’s decision to approve a mortgage loan.

Lenders base their decisions on the loan-to-value ratio, and many other factors which relates to the risk of default. The higher the loan-to-value ratio, the more risk a lender takes. As a result, qualification tests become more strict. Similarly, some lenders require mortgage insurance for high-ratio loans. Lower mortgage loan-to-value ratios also translate to lower rates and fees. If you’re looking for an  orange county mortgage broker then check out MakeWay Mortgage.

Discount points

Discount points allow you to lower your interest rate. These points are optional, paid at closing and will appear on your loan estimate and closing disclosure documents. The amount you can save on your mortgage is dependent on how long you plan to live in your home. Refinancing your loan too early can lose the discount points you have earned. When considering points, it is wise to take into consideration how long you plan on staying in your home.

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Loan options

If you are looking for mortgage loan options, you may be wondering what makes this brand different from its competitors. They offer a variety of mortgage loan options for different borrower needs, including many products that most lenders aren’t capable of handling. For example, DSCR – Debt Service Coverage Ratio mortgages and other non-traditional/Non-QM programs.


Customers can expect a knowledgeable, attentive staff that strives to understand their unique needs and wants. This company has a broad range of loan programs to choose from and works hard to find the best option. Whether you need a small loan for your first home or a large loan to purchase an investment property, MakeWay Mortgage will work with you to find the right channel to finance your home purchase. Their NMLS number is 2225182 and DRE number is 02150668

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