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How to purchase the biggest home - with a mortgage loan

This is the home purchase-article that will let you know how to purchase the biggest home you can with a home mortgage-loan.

In order to purchase the biggest home you can using a mortgage-loan - you gotta pick a type of home purchase loan that gives you the "most for your dollar." So what are those types? They're listed below, so choose a type to read about.

Adjustable rate home purchase mortgage loan

If you choose the "adjustable rate home purchase loan" as your mortgage-type, it will give you the most for your dollar. How?

An adjustable rate purchase mortgage loan has a lower rate than all other types of purchase loans. And by getting a lower rate - it means that your mortgage loan-payments will be lower. So what?

When you go to get a home purchase mortgage loan, and you find out your payments can be lower, that's a good thing all by itself. But wait, it gets better. When you're initially getting your home purchase mortgage, and you find out your payments can be low, and you know you can afford to pay higher payments - that's when the fun begins. It means...are you ready?....you can get a BIGGER purchase loan.

And the bigger the purchase mortgage loan you can afford - the BIGGER THE HOME YOU CAN PURCHASE!! (sorry for shouting - it's just so exciting!).

Anyhoo, choose to try to get an adjustable rate home purchase loan - and talk to one of The Mortgage Store Online's brokers today, about how to get the 'most home' for your dollar with an adjustable rate home purchase mortgage loan.

Short term home purchase mortgage loan

By choosin' a "short term home purchase loan" - you can get a bigger home for your money.

A short term home purchase mortgage loan has a lower rate than most types of purchase loans. Which means - when you go to get a short term mortgage loan, you might find your payment quote (that the broker gives you) is way smaller than your current rent payments might be.

Sure, if you find out your home purchase mortgage loan payments are way less than you anticipated - you could opt to just benefit from saving money each month by only having to make teeny purchase loan payments. But, there's another option!

If you realize that you could make higher purchase-loan payments than your mortgage broker quotes you - then you could choose to make bigger mortgage payments. And that would mean you could get a bigger home purchase loan, and as a result, a bigger home. A bigger home!

So talk to one of The Mortgage Store Online's brokers today about getting a bigger home than you thought you could, with a short term home purchase mortgage loan.

Closed home purchase mortgage loan

If you opt to get a "closed home purchase loan" you can get a home that's bigger. Wow. How?

A closed home purchase mortgage loan has a lower rate than it's opposite, the 'open home purchase loan.' All "open" means is that you could pay-off chunks of your home purchase-loan, or completely pay it out 'for free.' So all "closed" means is that you'd have to pay a "fee" if you suddenly had the urge to pay-off your purchase mortgage loan before your mortgage term was over.

So by choosing a closed home purchase mortgage loan over an open one, you can get a lower loan rate. And when you find out from your broker how much smaller that low-rate makes your future 'loan-payments' - you might realize that you can afford to pay more.

For example, if you pay rent of $1000 a month right now, and the broker tells you, because of the low rate of a closed loan, that you can get home purchase loan payments that are only $800 a month - you'll realize that since you're paying a thousand bucks a month anyway, that you could get a bigger home purchase loan by paying mortgage-loan-payments of $1000 bucks a month.

And with a bigger home purchase loan - you can get a bigger home. Talk to one of The Mortgage Store Online's brokers today about getting the biggest home you can with a closed home purchase mortgage loan.

Want to learn more about home purchase mortgage-loans? Contact The Mortgage Store Online's brokers by using the home purchase contact form or calling them at 1-866-880-2577.

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