Sentences with phrase «obtain than traditional mortgages»

Not exact matches

Not only were Quicken's interest rates better for Virginia, its loan fees were lower than quotes obtained from more traditional bank - based mortgage lenders.

A homebuyer may obtain a conventional mortgage with the less - than - traditional 20 percent through PMI or government programs that exist to help low income buyers or those in dire financial situations.

Using the same assumptions to obtain rate quotes at New Jersey's most active mortgage lenders revealed that a purchase mortgage will cost more at a traditional bank than a direct lender by 12 or more percentage points.

Rather than obtaining a traditional mortgage to buy a home and seeking a reverse mortgage later, the HECM for Purchase allows the homeowner to finance the home with the reverse mortgage.

Like all homebuyers, singles are now understandably resistant to taking an ARM, even though it could let them qualify for a larger mortgage than they could have obtained with a traditional fixed - rate loan.