In order for Mortgage Direct to properly assist you with financing your home, we need to know more about you and the property your looking to finance.
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Mortgage Direct has a wide varitey of loan programs for every type of borrower. The following are the available loan programs offered at Mortgage Direct: Traditional Mortgage Durations30-Year Fixed MortgageThis is the most popular and conventional loan program. Your monthly paymentis calculated based on the initial interest rate and never changes for the 30-year life of the loan. The 30-Year Fixed Rate Mortgage is considered the most conservative because there is no risk that changing market conditions will affect your monthly payment. This loan is probably right for you if you don't plan to move or refinance for at least 10 years and you expect interest rates to increase over this period, or you just feel comfortable knowing that your payment won't change no matter what.
Like the 30-Year Fixed Rate Mortgage, this program guarantees that your |