Consumer Trust Mortgage...
making your homeownership dreams a reality!
Conventional loans are a good option for homebuyers with higher credit scores and stable employment histories. Interest rates for conventional loans are usually some of the lowest available.
FEATURES AND BENEFITS
Fixed and ARM loans are available
A variety of loan terms are available
Down payments as low as 3%
HOW TO GET STARTED
After evaluating income, assets and employment, Consumer Trust Mortgage can give you an idea of the mortgage amount for which you may qualify.
Pre-qualification can help you shop for affordable properties in the correct price range.
The process begins with a meeting to discuss your income, assets, employment and long-term debts.
TOTAL MONTHLY PAYMENTS
Monthly mortgage payments are made up of four components: principal, interest, taxes, and insurance, together known as PITI.
Principal: the part of the monthly payment that reduces the remaining balance of the mortgage.
Interest: the fee charged for borrowing money. Determine the amount of principal and interest by using our Mortgage Payment Calculator.
Taxes and Insurance: Taxes paid on the current property and Homeowners Insurance to protect your home against loss. Taxes and insurance can be included by creating an escrow account.