Home Rate Mortgage Now Providing Quotes Without Need for a Credit Check

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Chattanooga, Tennessee -

Home Rate Mortgage, a company based in Chattanooga, TN, is pleased to announce that they are offering home financing quotes that are very convenient for home buyers. It doesn’t require a credit check and no personal info is even required. In addition, it is all done online and all hassle-free. Those who are interested can simply go to their website and fill out their online form, indicating the state, type of property, credit rating, the type of home financing needed, the amount to be financed, the property value, and the customer name, address, and phone number. To check out their latest news, people can go to

Home financing rates are an important factor to consider when buying a home and ensuring that the monthly payments will fit one’s budget. For first-time home buyers, it is vital to note that there are two basic types of home financing deals: fixed rate and adjustable rate. Fixed rate home financing arrangements have a fixed interest rate for the whole duration of the agreement, which may range from 10 to 30 years. This is a good alternative for those who are planning to live in the home throughout the duration of the agreement and are confident that they can consistently make the monthly payments. The adjustable rate home financing deal typically has steady interest rates for an introductory period, which is 3 to 10 years, but can increase later. This is a suitable option for those who think they can’t afford the monthly payments for the fixed interest home financing arrangement but might be able to do so some years later. This is also a good alternative for those who plan to stay in the house for a long period of time.

There are other types of home financing arrangements. One is the jumbo home financing deal, which is for people who want to buy expensive homes, costing over $417,000. The requirements may be a little more strict and a good credit score may be needed to get approved.

Meanwhile, FHA home financing arrangements are ideal for first-time homebuyers because they allow for lower down payments since they are backed by the federal government. There is also the VA home financing deal, which is supported by the US Department of Veteran Affairs and is for eligible US armed forces service members. It requires no down payment and no home financing insurance. And it offers low VA interest rates. And the USDA home financing arrangements provide affordable rates that are intended for moderate-income families that require assistance. Those who need more info about this can go to

It is important to note that lower rates can be accessed by those who have higher credit scores because they represent lower risks for the home financing companies. To be considered a low risk candidate, a credit score of 740 is often required. Knowing what affects the home financing rate can be helpful for the home buyer. Home financing companies usually look at the amount being applied for, the applicant’s income, current interest rates, the down payment, and also will include certain charges and processing fees.

Founded in 2005, Home Rate Mortgage opened its Chattanooga office in November 2013 to help people in Tennessee get the best home financing deal possible. They are proud to point out that home buyers who do business with them will literally save thousands of dollars in unnecessary closing costs and are assured that they will get the best possible interest rates on the market. Their team of outstanding home financing professionals will work with the client to make sure home buyers will find a financial solution that is suitable for their home financing requirements. Whether the client is buying their dream home, refinancing their current home financing arrangement, or consolidating their financing deals, the highly experienced professionals at Home Rate Mortgage may be able to find the appropriate financing program at the lowest rate possible no what their needs are.

Those who are interested in the home financing services offered by Home Rate Mortgagee can check out their website, or contact on the phone or through email. Those who want to know their exact office location can go to Google Maps at

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About Home Rate Mortgage :

HomeRate Mortgage of Tennessee saves local home owners money. Ben Phillips is the voice of HomeRate Mortgage and he helps Eric Bradshaw manage the success of hundreds of clients mortgage closings.

Contact Home Rate Mortgage:

Eric Bradshaw

7506 East Brainerd Road
Chattanooga, TN 37421
United States

(844) 805-9100

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