Second Mortgage Costs
Many mortgage companies in ID charge very high prices for lending money to borrowers for their second mortgages. At ViRB Mortgage Network we strive to offer fair and reasonable prices t all of our customers. The price of a loan is usually equal to a percentage of the loan. At ViRB Mortgage Network we use a point system to determine the lending fee. One point is equal to one percent of the amount you borrow for your ID second mortgage. At ViRB Mortgage Network we work honestly and fairly with our ID customers and will do our best to keep the cost of your second home loan down.
We Can Help Your With Your Refinance
The decision to refinance in ID has, in the past, meant home owners had to balance the savings of a lower monthly payment against the costs of refinancing. In recent years, ViRB Mortgage Network has introduced "no cost" and low-cost refinancing packages that minimize or completely eliminate the out-of-pocket expenses of refinancing.
With traditional refinancing, the interest rate for your new ID mortgage is often about 2 percentage points below the interest rate of your current mortgage. However, with the newer low- and no-cost refinancing programs offered by ViRB Mortgage Network, home owners can find it valuable to refinance to obtain a smaller reduction in interest rates.
ID Real Estate Information
At ViRB Mortgage Network we offer real estate information in ID and many cities within the state. Below is a brief list of some key areas where we offer our services, please browse through the information given about the areas to help guide you in finding a great location. If the area you are currently searching for is not listed below, then please contact one of our mortgage and real estate professionals today at 208.345.5626.