Why choose
International Commerical Capital Funding for my Home Loan?
International Commerical Capital Funding has a wide
range of loan programs that are competitively priced. Using the latest
technology, we have made the borrowing process simple and convenient. As a
direct lender, we can offer you a competitive rate and eliminate fees associated
with a loan arranged through a broker. Our commitment is to provide top quality
service.
How much help should
I expect from a International Commerical Capital Funding Loan Consultant?
Our commitment
is to provide top quality service. Our loan consultants have a full range
of loan programs to offer and the very latest technology to expedite the loan
process. They will listen to your needs and make sure they understand you
completely, then discuss your options and make sure you thoroughly understand
them. From application through funding, we make the loan process simple
and convenient . . . for you!
How do I know which
mortgage loan is right for me?
This is what our personal service
is all about . . . helping you make the best loan choice for your specific
needs. Our loan consultants are experienced professionals with knowledge
covering a wide range of home loan programs. Each consultant is able to
explain the advantages of appropriate loan programs considering the specific
financial goals of the customer.
What if my credit is
less than perfect?
International Commerical Capital Funding offers programs
for consumers whose credit has been impaired in the past. If you have a history
of bankruptcy, late payments or other
credit problems, we are here to help you determine possible financing
options.
What is
equity?
Equity is the difference between the amount for which a
home can be sold and the amount still owed on the mortgage. This important
difference represents the homeowner's financial interest in the property.
A homeowner can borrow against the equity in his/her home with a home loan and
use the funds for virtually any purpose . . . from debt consolidation to major
purchases to home improvements. Because the loan is mortgage-based,
interest on the home loan may also be tax deductible. Consult your tax
advisor to see whether this advantage applies to you!
What is the
difference between a fixed rate and adjustable rate mortgage?
A fixed rate mortgage provides a rate of
interest that remains the same for the life of the loan. An adjustable (or
variable) rate mortgage (ARM) has an interest
rate that adjusts periodically on the basis of changes in a specified financial
index. Typically, adjustable rate
mortgages start out at somewhat lower rates than fixed rate mortgages.
They can fluctuate up, raising the monthly payment, or down, lowering the
monthly payment, depending on the activity of the index to which they are
tied. Our loan consultants can discuss the advantages of both types of
mortgages to help you decide which product is best for you.
Does it make sense to
refinance if I
recently obtained a mortgage loan?
It might be a good time to
refinance even if you recently obtained a mortgage. Given today's favorable
interest rates, a rate lower than the one on your current mortgage may be
available and may result in savings every month. By consolidating your existing
first and second mortgages . . . as well as outstanding credit card balances and
other debt into a single mortgage loan payment, you might be able to save a
considerable amount. You can also benefit from the convenience of one
single monthly payment. Our loan consultants can help you determine if
this option works to your best advantage!
How much can I afford
in mortgage payments?
How much you can afford depends entirely on
your specific personal financial situation. Our loan consultants can help
you find out exactly what that amount may be. For a quick estimate, use
the Loan Calculator conveniently located on
our website.
What is an APR?
These
three letters stand for Annual Percentage Rate .
. . that is the total cost on a yearly basis in interest as a percentage of the
loan amount. This figure includes such items as the base interest rate,
primary mortgage insurance and the loan origination fee (points). For more information, see
our
APR Information page.
What is the minimum
down payment required for a home loan?
Our lenders offer home
loans with down payments as low as 2.25%. That would be a $2,250 down
payment for a $100,000 purchase price.
How do I get
started?
It couldn't be easier. Just give us a call, or
submit the form shown in the Inquire
Now! section of our website.
