The online calculator promotes increased knowledge of the current housing market.
Salt Lake City, Utah (PRWEB) November 27, 2013
Superior Lending, leading mortgage brokers in Salt Lake City, have recently introduced a calculator feature on their website that provides an overall loan summary based on current interest rates. This summary includes yearly amortizations, how much interest will be paid, monthly payments, number of payments, and more. Initially, the company wanted to provide their clients with accessible information and created a calculator that would provide them with basic information. As their company expanded, so did their resources, resulting in the accurate and advanced calculator their website currently possesses.
The calculator, while possessing the qualities seen in a large majority of similar formats, boasts a few figures that set it apart from others. It calculates in the average property tax and allows individuals to adjust the rate if they know theirs will differ. It also factors in down payments, interest rate, and PMI. Potential homeowners can input the number of years they want the loan to last, producing the highest accuracy possible. Buying a home can be a stressful and overwhelming process. Having accurate information that’s easy to understand is proving to be a vital asset for mortgage brokers in Salt Lake City; clients are consistently looking for informative and helpful resources.
Home loans in Utah require a dedication to education and keeping up with information in the industry. In addition to the advanced calculator, Superior Lending provides an online application, allowing individuals to see if they qualify for the loan they are seeking in a timely manner from the comfort of their own homes. The form is simple and straightforward, providing the brokers with the information they need to evaluate their client’s financial situation and offer them a suitable loan and interest amount. The calculator and application allow the brokers to become more familiar with their clients and the requirements they have for acquiring a home loan.
With the addition of the new calculator and loan application, Superior Lending is providing their customers valuable resources that will help them throughout the house buying process. Clients are responding positively to the new resources and feel more confident in their decision to acquire a monthly mortgage. For more information, or to try out their new calculator, visit their website at http://www.mortgagesbymiles.com.