As of January 3rd, 2011, Home Finance of America is Offering 15 Year Fixed Rate Mortgages at 3.875%
Philadelphia, PA (Vocus/PRWEB) January 04, 2011
In its continued unwavering commitment to offer the best possible mortgage products to consumers refinancing or purchasing a new home, Home Finance of America is offering fixed rate mortgages below 4.00%.
As interest rates have increased during the later part of 2010, Home Finance of America continues to offer significantly low interest rates. In addition to the fixed rate mortgage loans mentioned previously, Home Finance of America is offering 3.25% for a 5 year ARM.
Home Finance of America is one the most reputable and long standing mortgage banks in the country. Due to its high volume of mortgage loans, Home Finance of America is able to arrange special deals with major Wall Street firms allowing them to offer below market interest rates.
“Fifteen year mortgages create a tremendous opportunity for borrowers to reduce the term of their mortgage so that it may be paid off much sooner” says Home Finance of America CEO David Davitch. “A borrower taking out a fifteen year mortgage for $ 250,000.00 at today’s rates verses a thirty year mortgage would save approximately $ 140,000.00 in interest payments over the life span of the loan.”
Home Finance of America is a direct lender and will lock in these low rates for the borrower at the time of the application. Home Finance of America has an A+ rating with the Better Business Bureau. As such, you can be assured their customer service is the best in the mortgage business.
About Home Finance of America:
Home Finance of America is headquartered just outside of Philadelphia, PA. The company has specialized in originating low rate residential mortgages since 1993. Home Finance of America is a national leader in online mortgage lending. Home Finance of America loan originators are available seven days a week by calling 1-800-358-5626. Borrowers can apply by phone or online at http://www.HFAmerica.com.
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