The Wide Popularity of 30-Year Mortgages in Golden
A 30-year fixed rate loan is an excellent choice in many situations, but especially for first time home buyers in Golden. Payments are modest, and they often provide better cash flow than shorter term loan choices. Spire Financial provides skilled mortgage specialists who can assist you in evaluating choices and making the best selection for your specific circumstances.
Retain Your Purchasing Power
The purchasing power of a 30-year mortgage is an often underestimated benefit. While each situation is different, the term length may make it more possible to purchase a more costly Golden property because the payment period is longer and allows you to pay it off sooner. You will have more cash on hand if you free up your cash flow.
Paying Off Your Loan Early in Golden
If your financial condition improves during the course of the loan, you may be able to make principal payments as your cash flow allows. While it is uncommon to experience a prepayment penalty with a 30-year mortgage, speak with the experts at Spire Financial if you have any doubts.
Spire Financial brings lending expertise to you. All of our loan officers offer personalized communication for every client, guiding them through the process. We can show you ways to maximize your finances and unlock future opportunities. Spire Financial keeps you in control of refinancing, debt consolidation, and home equity. Together, we can achieve your financial goals.