Saturday, June 24th 2017

Question

Where can i get a low interest loan?

Interesting Question?   (7)   (8)



Answers (2)

29th Nov 2009 by Burt Carlson

Mortgage rates are very much a commodity these days so shopping around makes sense. You might start where you bank and then check with a mortgage banker and a mortgage broker. They all want your business! Also, a rate is dependent on several factors including your credit profile, the Loan to Value on the property being financed, how the property will be occupied (primary residence, second home or investment property) and the type of loan you want. Another factor is how the loan is structured. For example, your rate will typically be lower if you pay 1% loan origination versus paying no origination. It also matters how long the rate is going to be locked (this is the lender commitment to you which guaranty's the rate for a certain timeframe). The longer the lock period the higher the rate is likely to be.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com
24th Nov 2009 by Gary

In the current economic climate, you can get a low interest loan almost anywhere. If you qualify, you can get great mortgage loan rates from banks and other financial institutions, along with other highly collateralized loans. The further you move away from traditional loan sources, the higher interest rate you will pay.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



24th Nov 2009 In Finance 2 Answers | 1767 Views
Subjects: low interest loan,

Answer This Question / Give Your Opinion
Where can i get a low interest loan?


Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *


Give Your Opinion
Which is the best brokerage firm in Israel?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
Which is the best brokerage firm in Israel?
Unanswered Questions in Finance
What are the disadvantages of a margin loan?
What is a split rate mortgage?
What is a secured loan?
Where can i find a loan with bad credit?
Does bad credit affect student loans?

Answered Questions in Finance
What is loan interest?
where can i get a debt consolidation loan?
What is a mortgage lender?
What is a parent loan?
How to finance investment properties?
Ask A Question
Get opinions on what you want to know:
Specific to any country?