Chambersburg, Pennsylvania: Homespire Mortgage now offers a variety of home loan options, and the expansion of services allows the lender to serve more clients. One of the loan services of the mortgage lender is the 30 year fixed rate mortgage, which is one of the most popular financing options. The home loan offers a stable monthly mortgage payment over an extended period, and the interest rate is fixed. Alternatively, customers can opt for the 15-year fixed rate mortgage, which has similar features to the 30-year option and comes with additional additions for local buyers.
Homespire mortgage Also offers Variable Rate Mortgages (ARMs), particularly to customers who want personalized loan services. ARM is ideal for clients who plan to resell their home in the future or opt for a refinancing option before the fixed rate portion expires. Unlike the traditional fixed rate mortgage, the product offers one of the lowest interest rates for clients looking for real estate financing. Alternatively, customers can opt for the FHA loan, which is backed by the Federal Housing Administration, unlike other loan products. It is an ideal product for customers with a long credit history and those with less impressive credit. Customers can also opt for an FHA 203 (k) loan, which has different terms, but is part of the mission of the FHA.
Homespire Mortgage also offers loan products to specific clients, such as VA loans, which the government supports. The loan is available to clients who have served in the military, and because it is supported by the Veterans Administration, it is on favorable terms. However, if a client has never served in the military but wants to own a house in the country, the mortgage lender offers a USDA home loan. Besides the loan product backed by the US Department of Agriculture, it has better terms since the homes are located in less populated parts of the Chambersburg area.
The mortgage lender also offers refinancing options to clients in the Chambersburg area, especially those who want to save extra money with a lower interest rate. To be eligible for the loan product, the customer must first apply for refinancing from the lender and use the loan to replace and pay off the previous mortgage. If the previous mortgage comes with a prepayment penalty, the lender has experienced professionals who offer advice on how best to deal with the complexities of the previous contract and, more importantly, revise the old terms. of the mortgage in the name of the client.
For more information on mortgages, interested clients can call the team at (717) 282-9109. Homespire Mortgage is located at 442 Stouffer Ave, Chambersburg, PA, 17201. Check the website for more information.
* This is not a final commitment. Eligibility for a loan or credit extension from Homespire Mortgage Corporation is subject to completion of a loan application, credit, income and professional qualifications, and meeting established underwriting criteria. Prices and closing dates are subject to change without notice depending on market conditions. Consult with the Loan Advisor for more information on program income limits, buyer’s contribution, region median income, debt requirements, and other application details. By refinancing your existing loan, your total finance costs may be higher over the life of the loan.
Name of the contact
Brian DiPasquale and Dave Mellott
442 avenue Stouffer