Mortgage Payments

Most current interest rates are under 8% for a 30 year loan, and significantly lower for 15 year loans. Consult your local lender for personalized service and evaluation.

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Mortgage interest rates are still hanging low compared to decades past. If you’re renting and have grown tired of drowning in constantly increasing rent payments for your one bedroom apartment, there’s a simple way to solve that problem – stop paying someone else’s mortgage and start building equity of your own! When you purchase a home, you can immediately obtain equity, or ownership interest. As long as you are consistent with your payments, you gain equity. One big benefit of gaining ownership interest is that you possess the ability to borrow against your equity. You can refinance to invest in building an addition and remodeling, and once the appraised value of your home increases, there’s more potential to make a profit when you choose to sell your updated home. There are so many more benefits to home-ownership we wouldn’t even be able to list them on one page! Contact our experienced team help you find the perfect lender and the perfect home for your next extraordinary journey! The most common loans we currently see in our neck of the woods include FHA, VA, USDA, Conventional, Rehab, and Commercial. If you’ve been planning to move to Vermont and make an investment in real estate, we recommend reviewing all your loan options and making an informed decision based on your needs. Feel free to contact our real estate office for general info about loan types that are working wonders in our current local market. Please consult a mortgage broker for more precise info with regard to your particular circumstances. Here is a list of exceptional VT lenders.