Fidelity first mortgage is the most important mortgage you can have on a piece of property. Making the decision to purchase a first home is stressful enough and the added pressure of finding the right first mortgage can be even more stressful. Fidelity first mortgage familiarize you with an interest rate calculator and observe how fickle these rates can be. There are almost a thousand different flavors of loan and you want to be sure you are choosing the right cone. Keep in mind that a first mortgage will generally be the lowest rate you receive for that property since second mortgages involve higher risk. But the two types are intricately tied together. Your arrangement on the first mortgage will dictate what a second mortgage looks like. Remember that according to law, the first mortgage must be completely paid off from a state sale, before a second lender can collect.

The rate is important, consider the total cost of your loan including the APR, loan fees, discount and origination points. Fidelity first mortgage provides you a quote from a lender or broker; insist that the discount points (charged by the lender to reduce the interest rate) be distinguished from origination points (charged for services rendered in originating the loan). Fidelity first mortgage also gives lock rate in a written statement detailing the interest rate, the length of the rate lock, and program details.

The cost of the mortgage, however, shouldn't be your only criterion. Fidelity first mortgage gives you the confidence of being reputable and trust worthy and will deliver the loan with the terms and costs they promised.