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Compare types of mortgage loans offered by different lenders

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Reference no: EM13867877

Mortgage loan comparisons can be very confusing. There are numerous mortgage categories and then within each category one can create an endless number of products by altering the rate, the points and even the closing fees. Hence, the same lender can offer 10, 20, or 30 year FRM (fixed rate mortgages) each requiring different up-front fees and points and different monthly payments. The following web site exercises will help you to:

Compare types of mortgage loans offered by different lenders.

Compare various 30-year FRM offered by the same lender.

Reference no: EM13867877

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