Getting A Mortgage For Your Home Is Easy With Clover Mortgage!
Getting a mortgage for a new home or property can be a hard and drawn out process, but it doesn’t have to be. Let one of our expert Mortgage Agents help make the experience of getting a mortgage quick, easy, and hassle-free for you. Our focus is getting you approved for the best rates and terms as quickly and simply as possible. Clover agents are also here to help educate you on the mortgage process and help you feel confident and clear about your new purchase and all of the expenses and requirements that come with it.
What is a Residential Mortgage?
A residential mortgage is given to a borrower to finance the purchase of a residential property. It is intended to help a borrower finance the portion of the purchase amount that down payment does not cover. The borrowers are then obligated to make monthly or bi-weekly payments that contribute towards paying off the outstanding mortgage and paying for the interest of the loan. The borrower continues to make the regular payments for the duration of the agreed upon term or until the mortgage is paid in full.
There are two main types of mortgages that you need to know about before you decided what option is best for you.
- A fixed rate mortgage requires the borrower to pay the same amount during the whole term of the loan at an interest rate that does not change for the remainder of the term. A fixed rate mortgage is great for people looking for consistent mortgage payments that will not change in the event that national and posted interest rates rise.
- A variable rate mortgage does not have a set repayment amount and fluctuates based on the national and posted interest rates. The initial interest rate offered by these mortgages is lower than fixed rates because of their potential to be unpredictable. Variable mortgage rates can end up costing you more if national and posted interest rates start to rise.
In a residential mortgage agreement, the borrower is required to put the property up as collateral in exchange for the loan from the lender. If the borrower cannot maintain the monthly payments, the lender has the power to seize the house and sell it to repay the debt. Clover is here to help you in the event that you are not able to make monthly mortgage payments. If that happens, please us as soon as possible to discuss the possibility of a home equity loan or a second mortgage to help you keep your credit in good standing.
At Clover Mortgage, we make it easy to start for our customers to by a new home or property and get approved for the mortgage they need quickly and with ease. Our trusted mortgage agents are devoted to helping you secure a mortgage that works best for your lifestyle and financial situation. Whether this is your first home or tenth home, we want you to feel confident and comfortable with the house you are buying and the mortgage you are getting.
Why Work With Us
*Rates start as low as 2.75%
*Rates are subject to change. Terms and conditions may apply.
We pride ourselves on quick, easy & honest service. Our clients always come first.
We specialize in dealing with bad credit & bank declines. We turn a “no” into a “YES!”
*No credit checks. No complicated application.
*Terms and conditions may apply.
Our Customers Love Us
I was in debt and needed help getting back on track. My mortgage agent at Clover Mortgage helped me get approved for a home equity loan to consolidate all of my debt in one small monthly payment. Now I’m saving over $1,000 a month in interest and am left with less debt and more money in my pocket at the end of each month. Thank you Clover!
I’m a self employed independent contractor. I earn a decent income, but when I went to the bank to refinance my home, they denied my application telling me that I didn’t have enough “provable” income to qualify for refinancing my home. When I came to Clover I was almost out of hope. My Mortgage Agent at Clover was caring and professional, and help me get a great rate and flexible terms on full refinance. The whole process took less than 48 hours! I was impressed at how quickly and easily they were able to get me the money and home refinance I needed. Thank you Clover Mortgage, I’m recommending you to everyone I know!!
I had really bad credit, but really wanted to purchase a Condo. When I went to the bank they made me go through a lengthy application process that took weeks, and then they turned me down at the end of it all. When I found Clover Mortgage online, I called them and a friendly Mortgage Agent was able to help me get approved for a mortgage quickly and hassle-free. I got a good rate and now live in a home that I am comfortable in and am able to easily afford my monthly payments.
I definitely recommend Clover Mortgage to any new home buyer! They were very professional and helped my husband and I get mortgage for our new home at an even better rate than the bank was offering us. They also helped us get the mortgage with a smaller down-payment than the bank demanded from us. Since we did our mortgage with Clover, several of our friends and family members got their from them also, and Clover Mortgage has been able to help all of them, even the ones that were completely turned away and rejected by their banks.
My husband and I found ourselves in a tough situation. Luckily my expert mortgage broker at Clover Mortgage helped us get a fast and easy approval for an amazing rate for refinancing our home. Clover’s service is the best I’ve ever experienced and I’ve been recommending them to all of my family members and friends ever since. Thanks for your help Clover!
I definitely recommend Clover Mortgage to any new home buyer! They were very professional and helped my wife and I get mortgage for our new home at an even better rate than the bank was offering us. They also helped us get the mortgage with a smaller down-payment than the bank demanded from us. Since we did our mortgage with Clover, several of our friends and family members got their from them also, and Clover Mortgage has been able to help all of them, even the ones that were completely turned away and rejected by their banks.