Miller Mortgage, LLC, Offers Low-Interest Home Buyer Loans to First-Time Home Buyers
The company provides excellent assistance to first-time home buyers by offering low-interest home loans and a helpful service that guides home buyers through the loan application process.
Peabody, Massachusetts, USA, November 18, 2022 – Miller Mortgage, LLC, a trusted mortgage broker, recently offered low-interest homebuyer loans with great features to help first-time homebuyers finance their purchase. The mortgage broker works with multiple lending partners and its high volume of clients enables it to secure ultra-low interest rate loans and flexible programs for homebuyers in the Massachusetts and New Hampshire markets. It also extends its services to a wide variety of borrowers, even those with a history of credit problems.
Miller Mortgage offers home purchase loans with terms up to 30 years to first-time home buyers in Massachusetts. The versatility of terms gives homebuyers the flexibility to choose based on what suits their current finances and what will be less burdensome in the long run. The loans also have fixed rate and adjustable rate options. Fixed interest rate home loans use their original interest rate for their lifetime until they are paid off. The adjustable rate, on the other hand, evolves over time, starting with a rate below current market prices and increasing over time.
Miller Mortgage offers several home loans with no down payment requirements, and for those that do, it accepts down payment assistance programs for first-time home buyers. These offer support to homebuyers who need financial help. Down payment assistance is typically provided by local or state housing agencies, non-profit organizations, and private sector lenders.
For buyers who need the support of family members, the mortgage broker allows a 3.5% down payment donation from loved ones, as well as non-occupant co-borrower assistance. Borrowers do not have to pay private mortgage insurance (PMI) for loans with a loan-to-value ratio of 97%.
Speaking of their commitment to helping homebuyers, the mortgage broker’s manager said. “As an independent mortgage broker, we work for homebuyers looking for capital to finance their property. Unlike traditional mortgage brokers who can only offer their own products, we source funds from many different banks and mortgage brokers. This allows us to serve all types of borrowers, even those with past and current credit issues. We continue to add more banks to our portfolio in order to obtain a growing list of options. It all adds up to more flexibility and lower mortgage interest rates for you.
About Miller Mortgage, LLC: Miller Mortgage, LLC is a licensed mortgage broker in Massachusetts and New Hampshire. The company provides excellent customer service to homebuying customers by arranging everything they need to close their home, including mortgage, realtor, solicitor, insurance, appraiser and other key personnel.
Organization: Miller Mortgage, LLC
Contact person: Media Contact – Miller Mortgage, LLC
E-mail: [email protected]
address1: 515 Lowell Street,
Country: United States
The post Miller Mortgage, LLC, Offering Low-Interest Home Buyers’ Loans to First-Time Home Buyers appeared first on King Newswire.
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