General

Buying a house in Idaho is exciting and scary at the same time. You can’t wait to move in to your new home and get settled, but first there is the matter of finding a lender and finding the best Boise ID mortgage rates so that your new payment won’t end up being more than you can afford. With Legacy Lending Group, you will learn that the loan with the lowest rate is not always the best deal, but that doesn’t mean you won’t find great Boise ID mortgage rates at Legacy Lending Group. It just means that they encourage you to take other factors into consideration as well.

While low Boise ID mortgage rates are desirable, the type of loan you receive is even more important. You probably know someone whose mortgage payment has risen significantly because they opted for the lowest possible rate they could find, in an adjustable rate mortgage in Idaho. As your friend has already discovered, when rates are low, adjustable rate mortgages are only good for the bank, not the consumer, because your payment has only one way to go–up!

At Legacy Lending Group, they help you find the loan that will be best for you, even if the rate is a bit higher than the lowest Boise ID mortgage rates. Think about it, wouldn’t you rather have a slightly higher payment and know that the rate is locked in so that your payment will never go up? With a fixed rate mortgage, you typically get a slightly higher interest rate, but you have the security of knowing exactly how much your house payment will be for the entire duration of the loan. Even though the lowest Boise ID mortgage rates don’t always result in the best loan for Idaho, there are still fixed rate mortgages available with fairly low Boise ID mortgage rates, and Legacy Lending Group can help you find them. Legacy is committed to finding the best loans for its customers. Their number one goal is to have their customers be happy with their mortgages, even five years later when interest rates have risen substantially. Now that’s the way to do business.