At Ace Mortgage Pros we pride ourselves on delivering low mortgage rates and a quick and simple Mortgage experience from application all the way through to closing. Whether you're a first-time buyer or have a few notches on your belt, we want your mortgage to be as stress-free and easy as possible.
Are Mortgage Rates all I should consider when selecting a lender?
Although Mortgage Rates are the primary factor in choosing a lender, there are several other aspects to consider in order to obtain complete satisfaction. The level of experience your Loan Officer possesses is definitely worth your consideration, as is the lender's reputation and how thorough their guidance is. You’ll most definitely want to consider fees and other costs as well.
What is a Mortgage Rate?
A mortgage rate is the rate of interest charged on a mortgage by the lender. Things like your credit score, inflation, the Federal Reserve, the specific mortgage companies fees, and more all play a part in what your interest rate will be. Every month you will pay the interest you owe on your loan as well as a piece of the principle.
What’s the difference between the Interest Rate and the Annual Percentage Rate (APR)?
Interest Rates do not take into consideration closing costs whereas an APR represents both the interest rate and closing costs combined.
Why choose Ace Mortgage Pros?
Simply put, we've made the Mortgage process easy. If you've already purchased several properties before or if you're looking into buying your first home, you can expect low Mortgage rates and High-quality customer service from Ace Mortgage Pros. It is our mission to provide you with low fees and Mortgage rates.