home | about us | site map | contact us

home mortgages commercial mortgages calculate mortgage payments view current mortgage rates how to use a mortgage learn about mortgages
apply online home mortgage refinance home purchase mortgages home equity loans home finance mortgages home loan types home mortgage rates home mortgage calculators mortgage articles home mortgage faqs
Articles

home > home mortgages > articles > advice & tips > getting lowest rate

Advice on getting the lowest mortgage loan rate for your home mortgage loan

This article will advise you on getting the lowest mortgage loan rate for your home mortgage loan.

Get a home adjustable rate mortgage loan for a low mortgage rate

One way to get a low mortgage loan rate for your home or multi-residential mortgage loan is to get the adjustable rate mortgage loan as your mortgage loan type. A home adjustable rate mortgage loan has a rate that goes up and down with our economy's prime rate. And it's always hovering right around that prime rate.

Rates with other mortgage loan types are usually quite a bit above our economy's prime rate. So the rate you get with a home adjustable rate mortgage loan will be as low as it can come.

Learn more about the home adjustable rate mortgage loan

Get a home institutional mortgage loan for a low mortgage rate

One way to get a low mortgage loan rate for your home or multi-residential mortgage loan is to get the institutional mortgage loan as your mortgage loan type. A home institutional mortgage loan means your mortgage loan financing or refinancing is coming from your mortgage loan brokerage's institutional lenders, like banks or trust companies.

When banks or trust companies provide funds for mortgage loan brokerages, they charge lower rates than private lenders do. And institutional and private lenders are the only types of lenders out there. So the rate you get with a home institutional mortgage loan will be as low as it can come.

Learn more about the home institutional mortgage loan

Get a home institutional adjustable rate mortgage loan for the lowest mortgage rate

In order to get the lowest mortgage loan rate for your home or multi-residential mortgage loan, you have to get an institutional adjustable rate mortgage loan. So you have to get an adjustable rate mortgage loan and get the financing for it from your mortgage loan brokerage's institutional lenders, like banks and trust companies.

An adjustable rate will go up and down with our economy's prime rate. And it will always be hovering right around that prime rate. Rates for other types of mortgage loans are usually quite a bit above the prime rate.

And, your mortgage loan brokerage's institutional lenders will provide financing for your adjustable rate mortgage loan at lower rates than private lenders do.

So, when you get a home adjustable rate mortgage loan, from your brokerage's institutional lenders you'll get the lowest rate possible for your home mortgage loan.

Need to get more information about home mortgage loan advice like me? Contact The Mortgage Store Online's brokers by using the contact form or by calling them at 1-866-880-2577.

<< return to home mortgage loan advice and tips articles

Home mortgage loan articles

apply online | home mortgage refinancing | home purchase mortgages | home equity loans | home finance mortgages

home loan types | home mortgage rates | mortgage calculators | mortgage articles | RSS feed icon home mortgage news

home mortgage loans | commercial mortgage loans | calculate mortgage payments | view current mortgage rates

how to use a mortgage | learn about mortgages | privacy policy | disclaimer | RSS feed icon mortgage news & tips

home | contact us | mortgage glossary | about us | site map

The Mortgage Store Online, Inc.
Canadian Head Office: 54 Vansittart Avenue Woodstock, Ontario, Canada N4S 6E4
Home Mortgages: Phone: 1-866-880-2577 Fax: 1-866-270-1984
Commercial Mortgages: Phone: 1-866-674-0548 Fax: 1-866-876-3956

Copyright ©2016 The Mortgage Store Online, Inc. All rights reserved.

 Equal Housing Lender