Avail One Of The Best Mortgage Companies In Maitland | Clifton Mortgage

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Mortgage Companies In Maitland
Clifton Mortgage, one of the best Mortgage
Companies In Maitland Winter Park(FL), We offer
a wide range of mortgage products to help our
clients to determine which mortgage option would
be the best according to their personal financial
situation
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Mortgage Companies In Maitland
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Objectives

• If you are a Homeowner
• Describe all the advantages and disadvantages of
  borrowing against a home
• Explain what to do if you are having any issue to
  making payments
• Describe different types of refinancing options
  if available
• Explain the advantages and disadvantages of a
  reverse mortgage
• Identify predatory lending practices against loan
  scams

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Five Steps to Buying a Home

• Determine what sort of your readiness to buy a
  house
• Determine how much mortgage you can afford
• Determine which mortgage option is the best for
  you
• Qualify for a loan
• Go through settlement.

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Down payment and other Expenses

• Typically 20 of the purchase price
• Smaller down payment options may be available
  (e.g., 3 of purchase price)
• Other expenses
• Household emergencies, repairs, and other
  expenses
• Private Mortgage Insurance (PMI)
• Include principal and interest
• May include PMI, property taxes, and homeowners
  insurance
• Should be no more than 28 of your income

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Other Queries

• Where do you want to live?
• What kind of neighborhood do you want?
• If you have children, what types of schools
  should be in the neighborhood?
• How much space are you looking for?