PRESCOTT, PRESCOTT VALLEY, CHINO VALLEY AZ REAL ESTATE & HOMES FOR SALE

Prescott Home Financing

When shopping for a mortgage, consumers have more choices than ever before. Many lenders in Prescott, AZ and Prescott Valley, AZ now offer specialty mortgages that help make homeownership more affordable but have risks that consumers should fully consider. For most consumers, the traditional fixed-rate mortgage and adjustable-rate mortgage (ARM) are still the best options. However, even these traditional financing options require a number of important decisions. Should you get a 15 or 30 year loan? Should you get a fixed-rate mortgage to lock in today's interest rates for the term of the loan - or take an adjustable-rate loan with a lower current rate and payment, but with the risk of rate and payment increases in the years ahead? There is an abundance of information available, including:

Fannie Mae
Freddie Mac
Ginnie Mae
Equifax 800-685-1111
Experian 888-397-3742
TransUnion 800-916-8800
Annnual Credit Report for a free copy of your credit report, once a year,
or call 877-322-8228
Federal Trade Commission