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.
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.
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.
*Rates start as low as 5.39%
*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 and no income required!
*Terms & conditions may apply.