Tuesday, January 30, 2007

Where's Your Mortgage Coming From?


With the housing market in the state it is, great deals appearing everywhere, we all need to think hard about where our mortgage is going to come from. That's why it's worth taking a look at Lennox Financial Mortgage. Sure, there are many other providers but none with quite the same commitment to customer service.

But that isn't really the most important point. In today's markets you need choice, you need to be able to look through the various financing options and take the one that is best for you and your specific situation. That's what Lennox Financial Mortgage really provides.

For example, if you know that your income is going to rise in the near future then you can take a 1% ARM mortgage. This keeps payments low now, at the risk of reverse amortization, but with your income increasing, perhaps from a promotion or a bonus payment, it enables you to buy what you want now rather than later.

Lennox Financial Mortgage can also help if you're a little stretched to get what you want. After you pay the moving costs, get the new furniture, it can be very difficult to also pay the closing costs on a deal. So they have an option where, for a slightly higher interest rate over the term of the mortgage, you can include the closing costs in the loan.

Of course, Lennox Financial Mortgage also offer simple fixed rate and fixed term mortgages, which means that you have the choice of whatever is the best financing method for your home. Very much worth checking out, a company that can help you to achieve your dreams in the best and most efficient manner.