Home Loans and Negative Amortization
Published on: 23/08/2024
Owning a home is undoubtedly the American Dream and the bedrock of middle class. Negative amortization, however, can turn the dream into a nightmare if you are not careful.
Interest Only Mortgage Is It For Me ?
Published on: 08/08/2024
If you have been thinking about an interest only mortgage this article is a good read, as the terms on interest only is talked about here.
Non Comforming Loan Comparison: Adjustable Rate Mortgage Versus Fixed Rate Mortgage
Published on: 07/08/2024
Are all mortgage loans the same? Or can making a choice between one particular type of mortgage get you in trouble if you aren’t careful. In the case of an adjustable rate mortgage versus a fixed rate mortgage it is true that all mortgages are not alike. Of course in many cases the type of refinance loan you can secure has to do with how good or bad your credit has been over the years.
Interest Only Mortgages
Published on: 26/07/2024
These days, as people scramble for new and more creative ways to finance buying a home, the interest only mortgage is becoming more common and well known.
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Sequira Scott
NEXA Mortgage, LLC NMLS# 1660690
Corp: 5559 S Sossaman Rd Bldg 1 Ste 101, Mesa, AZ 85212
NEXA Mortgage, LLC is an Equal Housing Lender
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5559 S Sossaman Rd Bldg #1 Ste #101 Mesa, AZ 85212
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NMLS# 1660690 | 3100 W Ray Road #201 Office #209 Chandler, AZ 85226
NEXA Mortgage LLC is an Equal Housing Lender
Notice To Texas Loan Applicants: Consumers wishing to file a complaint against a mortgage banker, or a licensed mortgage banker residential mortgage loan originator, should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov.
A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov