December 9th, 2015 by admin
Posted in Interest Rates |
Tags: charleston mortgage, down payments, housing, interestrates, mortgage
As interest rates begin to rise buyers in the lose purchasing power. Simply stated, for every 1% interest rates rise, a buyer will lose 10% purchasing power. So with a rate of 4.25% on a 200,000 loan, the payment would be $983/month. When, not if, interest rates rise to 5.25% a buyer would have to…
September 11th, 2014 by admin
Posted in 5% down, avoid PMI, charleston mortgages, columbia mortgages, conventional loan, greenville mortgages, Interest Rates, lender paid mortgage insurance, low down payment, Lowest Interest Rate, lowest mortgage rates, Lowest payment, LPMI, MI, NO MI, NO PMI, private mortgage insuracne, Private Mortgage Insurance, south carolina mortgage, south carolina mortgage broker, Uncategorized |
Tags: 5% down, 5% down and no pmi, best rmortgage rates, can I stop pmi, charleston mortgage, columbia mortgage, do i have to pay pmi, does pmi go away, greenville mortgage, how can I avoid pmi, how do I stop pmi, low down payment, lowest interest rates, what is pmi
The best low down payment loan is Coastlend’s 5% Down Conventional loan that has NO PMI. By avoiding expensive PMI your monthly payment will be much lower and you’ll be able to qualify for a higher loan amount. In some cases as much as $35,000 more just by avoiding the expensive PMI. How does it…
August 25th, 2014 by admin
Posted in 1 million homes, Beach property, charleston mortgage brokergreenville mortgage broker, Charleston Realtors, columbia mortgage broker, Cost vs Price, first time buyer, Flipping Property, high priced homes, highdti, Interest only loan, Interest Rates, Jumbo, jumbo loans, Lowest Interest Rate, lowest mortgage rates, Lowest payment, luxury home loans, No closing costs, south carolina mortgage broker, Uncategorized |
Tags: best lender in charleston, charleston mortgage broker, columbia, columbia mortgage broker, greenville, greenville mortgage broker, low interest rates, low payment loan, mortgage broker, south carolina mortgage broker
Coastlend Mortgage has brought back the interest only loans for well qualified borrowers. We offer this loan up to $1,500,000. Interest only loans became a thing of the past after the meltdown in 2008 however they are a vital tool or certain borrowers. For instance if you only plan on being in a home for…