Conventional Mortgages in the Long Beach Island Real Estate Market
Long Beach Island Real Estate
A conventional mortgage is among the most common type of loans we see employed in the LBI real estate market. This loan product will usually offer a fixed interest rate over a set time (typically 15 or 30 years). Regular monthly payments will consist of principal and interest on an amortization schedule. Before buying a home on Long Beach Island, you should speak with a lender to familiarize yourself with the current lending environment and the types of loans available, as well as the terms associated with each loan.
Conventional Mortgages in the Long Beach Island Real Estate Market
By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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