Getting a Mortgage:

Loan Options
A mortgage is a loan for which your home or business serves as the collateral. A basic monthly mortgage payment consists of the principal amount being borrowed, interest, taxes and insurance.
There are many different types of mortgages. Which one is right for you? When reviewing your options, you should consider your current financial picture, how your finances might change in the future, how long you intend to remain in the home, and how comfortable you are with fluctuating mortgage payments.

What kind of Home/Commercial Mortgages Does Kindle Systems offer you?

Fixed Rate Mortgages: Security and Stability
Fixed-rate mortgages remain the most popular type. With these loans, the interest rate is fixed for the life of the mortgage, so your monthly payments never change

Adjustable Rate Mortgages: Flexibility and Control
Adjustable-rate mortgages generally start out with an interest rate lower than a fixed-rate loan. This saves you money early on, and may help you qualify for a more expensive home. However, your rate is tied to a market index. As the index goes up or down, your payments will also change at each scheduled adjustment period. There are "rate caps" to limit the amount your mortgage can go up or down.

Special Mortgage Programs: For Unique Borrowing Needs
Kindle Systems offers a variety of home financing options for customers with special considerations. These may include special credit needs, FHA or VA loans, low down payments options or affordable home loan programs.

Interest Only Mortgages: Lower Initial Monthly Payments
Interest only mortgages do not include any repayment of the principal portion of the loan for an agreed upon period of time — called the interest only period. This means that during that time, your monthly payment will consist only of interest.

E-mail: mortgage@kindlesys.com