At Paragon Home Loans, our mission is to be your go-to source for your home loans. Our mortgage company allows you to compare several loan options to find the right one for you. We work hard to help you get the loan you want at the best interest rate. Our goal is to provide you with the education and tools to help you secure the home you have dreamed of. We work with you to help you obtain your home loans.
lower their interest payments
At Paragon Home Loans we believe in taking you by the hand and teaching you the secrets to finding the right home loans so you can make your monthly payments easier. To get one of these mortgages, you need to have great credit. If you don’t we will help you repair it. This is a big mistake some people make when choosing to refinance their mortgages. They refinance just to lower their interest payments, they end up hurting their credit.
a mortgage broker or a bank
Most people think the only place to look for a home loan is with a mortgage broker or a bank. But, now with the internet, it is very easy to find great mortgage loans from companies online that specialize in bad credit mortgages. These lenders can give you the most competitive rates because they do not have the same commission as mortgage brokers. We guarantee that if you apply with us, we will not only help you get your home loans, but we will also help you save money on the interest payments. Our interest rates are much better than what most mortgage brokers offer.
It is easy to get lost when searching online to find the perfect home loans. You must know the difference between several different types of home loans. If you have a bankruptcy on your record, you may want to reconsider refinancing your home loans to get fixed-rate home purchase loans. These are special home loans that are set up for people with different types of credit scores and different types of bankruptcies. Bankruptcy will definitely lower your credit score and make it harder to get approved for these kinds of home loans.
low FICO score
If you do not have a bankruptcy or you have a high fico score, there are many different home loans out there that you can consider for your home purchase. Home loans with a low FICO score are usually the least expensive ones. You can usually expect to pay anywhere from two to ten percent less than you would pay with a higher FICO score. However, keep in mind that you will also be paying the normal closing costs and taxes on these home loans.
You should not forget that different lenders offer varying amounts of terms and conditions with their home loans. Before deciding on which mortgage lender you want to use, make sure you do your research. Find out what type of terms are offered with different mortgages and how many months you will have to pay them back. Shop around as much as possible before making your final decision.