Chambersburg, PA: Homespire Mortgage now offers a wide range of refinancing options to homeowners looking to cut their monthly payments and save money by opting for the lowest interest rate loan. Customers with unfavorable interest rate adjustments are also ideal candidates for refinancing by the Chambersburg lender. The company also provides the client with a loan advisor to help them review the prior arrangements and go through the options available to see if the plans are in line with what they are trying to achieve through the refinancing.
In addition to refinancing, Homespire Mortgage offers several loan products to clients interested in real estate in Chambersburg. One of the most popular mortgage options is the 30 year fixed rate mortgage, which offers stable mortgage payments for 30 years and the interest rates are fixed. Alternatively, customers can opt for a 15-year fixed-rate mortgage for the same terms but for a shorter period of time. While the bulk of the initial payments are used for mortgage interest, the product allows the customer to own a home with no surprises in the form of irregular premiums.
Homespire Mortgage also offers adjustable rate mortgages (ARM) to customers interested in flexible-term loan products such as flexible rates over time. ARM loans are ideal for homeowners looking for alternative loan plans, or who are later selling their homes, or who are opting for refinancing options. If customers are not interested in a floating rate loan product but have a military background, they can opt for the VA loan, which is backed by the Veterans Administration. In contrast to the other loan product, the interest rates do not change over time and the repayment rates are cheaper.
The lender also offers niche-based mortgage plans to customers interested in real estate, especially when other loan products are too expensive. One of the loan products on offer is the FHA 203 (k) which is available to customers looking to repair an older home rather than buying a new one. The lender is also offering USDA loans to potential homeowners interested in owning real estate in the land. Since the two special mortgages are unique and are secured by different government agencies, the interest rates and repayment plans are individually tailored to the customer’s ability to repay.
Customers can call the Funding Plans team at (717) 282-9109. The mortgage lender is located at 442 Stouffer Ave, Chambersburg, PA, 17201, USA. To learn more about Homespire Mortgage, visit the website or visit the lender’s social media pages.
* This is not an offer for a loan or an extension. Homespire Mortgage Corporation eligibility for a loan or credit extension requires completion of a loan application, creditworthiness, income and employment qualifications, and meeting the established underwriting criteria. Prices are subject to change without notice depending on market conditions. For information on program income limits, buyer contribution, median region income, debt requirements, and other application details, please visit Loan Advisor. By refinancing your existing loan, your overall financial costs can be higher for the life of the loan.
Brian DiPasquale and Dave Mellott
442 Stouffer Avenue