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Archive for the money store mortgage

Planning to get a new house? Then mortgage rates are probably one of your biggest concerns. Your mortgage rate will determine just how much you’ll be paying in the long run so it’s best to get a rate from a lender you can trust. One company that offers competitive rates is, by the name itself, The Money Store.

The Money Store is a top national lender that gives emphasis on residential mortgages. The rates they have are one of the lowest among the rest of the country as of today. With the customer services they provide, people would prefer getting a loan with them over other lending companies and banks. They started nearly 40 years ago, making sure that the dreams of people having a place of their own would finally come true and indeed, The Money Store has delivered.

Latest Mortgage Rates

As of today, the mortgage rates they offer are at the best. For their 30 year fixed term, the interest rate is 3.500% with an annual percentage rate or APR of 3.576%. A rate of 2.875% and APR of 3.046% for the 15 year fixed term while the interest rate of 2.875% and annual percentage rate of 3.234% APR for the 5 year ARM. On the other hand, for the 7 year ARM the interest rate is 3.250% and the APR is 3.336%. These interest rates are very good already because it is lower compared to the national average which is 3.81%.

People should apply at The Money Store because they do have the “NO Fee Loan” policy which is a very good opportunity for families. Each loan service is personalized to cater to all and that it is a direct lender with no obligation to consultation. Indeed, The Money Store is a good choice for mortgage rates and loans.

Money can’t buy happiness, but it can get you to purchase a new house. And since Valentines Day is fast approaching, what better way to show your love than to provide your family their dream home?

Let’s face it – no one really buys a house and pays for it in one go. That’s why mortgage lenders exist. They help finance your home, while you pay off the whole amount in monthly terms. This is why choosing the right mortgage lender becomes very important. With all the lending institutions out there, how will you ever get to pick one that’s right for you?

With over four decades of experience, The Money Store has been in the mortgage business, making a name for itself in the long run. Today, it offers one of the most competitive mortgage rates in the country.

Mortgaging with The Money Store

The most common mortgage scheme that people would go for is the 30-year fixed mortgage. This gives them the ability to pay off the loaned amount on an average budget, without fear of incurring additional growth on their monthly payments. Currently, the Money Store offers a rate of 3.750% and an APR of 3.854%. This is more or less close enough to the National base rate of 3.89% APR in the whole country. Certainly, there may be other lending companies that offer much lower rates than this. Such example is Amerisave’s 3.487% APR. But with the Money Store’s proximity to the National average rate, you can still secure yourself with the fact that they offer reasonable and competitive rates.

If you plan to pay off the mortgage on a 15-year fixed scheme, you will be given a rate of 3.125% and an APR of 3.280%. A 5-year Arm has a rate of 2.750% and APR of 3.031%, while for the same Arm of 7-year gives you a 3.125% rate and 3.153% APR.

Jumbo terms are also available as follows: 15-year fixed Jumbo rate of 3.375% and APR of 3.492%, and a 30-year fixed Jumbo rate of 3.875% and APR of 3.945%.

With all these offerings, you really won’t be at loss of options for your mortgage needs. The only thing that’s left for you to do now is to find a creative way to surprise your family with your amazing Valentines gift to them.