1 STOP MORTGAGE BLOG!

15 year Mortgage is a Saver's Dream

15 Year Mortgages: A Saver's Dream by 1 Stop Mortgage  For homeowners with a mortgage, the best, long-term way to save money is to finance a home with a short-termed mortgage. The word "term" is the number of years in which it's schedules to be paid-in-full. 15 year mortgage save more money than 20 year mortgages while the 20 year mortgages save more money than 30 year mortgages.Shorter-term mortgages save money in two ways. First, mortgage rates for shorter-term loans typically are lower than longer-term loans. This means less mortgage interest paid per dollar. Secon...

April 20th, 2016 | Shorter-term Mortgages, 15 year Mortgage is a Saver's Dream

Serving the Great Mid-South Region
Offices: 901-388-1588 or 901-476-9100 | Toll-Free: 
888-580-1588 | Fax: 901-388-6202 | Email: info@1stophomeloans.com
1 STOP MORTGAGE | NMLS#215671 | TN Lic#108931 | 5909 Shelby Oaks Dr, Suite 129, Memphis, Tennessee 38134