Miller Mortgage, LLC, Offers Low-Interest Home Purchase Loans to First Time Home Buyers
The firm provides an excellent first time home buyers assistance offering low-interest home loans and a helpful service that guides home buyers throughout the entire loan application process.
Peabody, Massachusetts, United States, 18th Nov 2022 – Miller Mortgage, LLC, a trusted mortgage broker, has recently offered low-interest home purchase loans with favorable features to help first time home buyers finance their purchase. The mortgage broker works with multiple lending partners and its high volume of clients enables it to procure very low-interest rate loans and flexible programs for homebuyers in the Massachusetts and New Hampshire markets. It also extends its services to a wide variety of borrowers, even to those with records of credit issues.
Miller Mortgage offers home purchase loans with terms up to 30 years to first time home buyers in Massachusetts. The versatility of terms gives homebuyers the option to choose depending on what suits their current finances and what will be least burdensome in the long term. The loans also have fixed rate and adjustable rate options. Fixed interest rate home loans use their original interest rate for their life until they are paid off. Adjustable rate, on the other hand changes over the course of the term starting with a rate lower than current market prices and increases over time.
Miller Mortgage offers multiple home loans that have zero down payment requirements, and for those that do, it accepts first-time homebuyers down payment assistance programs. These provide support to homebuyers who need financial assistance. Down payment assistance is generally provided by local or state housing agencies, non-profit organizations, and private-sector lenders.
For homebuyers who need support from family members, the mortgage broker allows a down payment gift of 3.5% from their relatives, as well as non-occupant co-borrower assistance. Borrowers do not have to pay for private mortgage insurance (PMI) for loans with 97% loan-to-value.
Speaking about their commitment to help homebuyers, the director of the mortgage broker said. “As an independent mortgage broker, we work for the homebuyers looking for capital to finance their property. Unlike traditional mortgage brokers who can only offer their own products, we seek out funds from many different banks and mortgage brokers. This allows us to serve all types of borrowers, even those with past and current credit issues. We continue to add more banks to our portfolio in order to procure a growing list of options. It all adds up to more flexibility and lower mortgage interest rates for you.”
About Miller Mortgage, LLC: Miller Mortgage, LLC is a licensed mortgage broker in Massachusetts and New Hampshire. The company provides excellent customer service to client homebuyers arranging everything they need to close their home including mortgage, realtor, attorney, insurance, appraiser, and other key personnels.
Organization: Miller Mortgage, LLC
Contact Person: Media Contact – Miller Mortgage, LLC
Address 1: 515 Lowell St,
Country: United States
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