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Interest Rates & APR
Interest Rate and APR are tied together
but are not the same thing. The Interest Rate is the percentage of an amount of
money which is paid for its use for a specified time. Usually expressed as an
annual percentage.
The APR reflects the cost of your loan as a yearly rate. The rate may be higher
than the interest rate stated in your Mortgage or Deed of Trust, because the APR
includes in addition to the interest, loan origination fees, commitment fees,
prepaid interest and other credit costs which may be paid by you.
There are several different lenders we work with. They usually have many
options to choose from. If you would like for us to try and get a rate
better than the one you've found give us a call.
We are always ready to do whatever it
takes to be available for you and your real estate needs. If you have any
questions at all, please feel free to call 704.566.9291 or send an email.
We welcome your e-mail, however we make
this entire form mandatory to cut out the amount of "Spam E-mails" we
receive. Please complete the form below and note the best time to contact
you regarding the e-mail in the comment section.
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