Best Mortgage Available.com - St Petersburg, Florida

Best Mortgage Available.com
5521 38th Ave. North
St. Petersburg, FL
(800) 870-1041

Fixed-Rate Mortgages have the same monthly payments and interest rate for the entire life of the loan.
The longer the mortgage term the lower the monthly payment and shorter the mortgage term the quicker you will build equity
in your home. The mortgage terms available are as follows a 10yr, 15yr, 20yr, 25yr, 30yr and 40 year.
Jumbo loans are loan amounts greater than $417,000 and you can choose between a 15yr, 20yr or a 30 year term.

Fixed-Rate Interest Only Loan - Offers peace of mind with a fixed rate while having the ability of making a
interest-only mortgage payment. This option allows you to take the money that you usually put towards the principal portion
of your monthly payment and use it towards other expenses such as investments or high-interest debt. You can make larger
payments when your budget permits and pay down more of your loan. This is not a negative amortization loan.

Adjustable-Rate-Mortgages (ARMS), supply a short term initial fixed-rate followed by periodic adjustments up or down based on the current interest rate market. Your initial interest rate with an ARM is often lower then on a fixed rate mortgage and you will get the benefits of a lower interest rate if rates continue to drop after your initial fixed mortgage rate term expires. ARMS have fixed initial rates for a term of 1yr, 3yr, 5yr, 7yr or 10yr period and then the interest rate may
adjusts bi-annually or annually after the initial fixed rate term expires.

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