PrimeLending Jacksonville Reports Home Prices are on the Rise

Individuals need to ensure they get the best home loan for their unique needs to save money on their mortgage, announces JacksonvilleFL.PrimeLendingLocal.com

Jacksonville, FL – July 2, 2016 /MarketersMedia/ —

The median sales price for a home in Jacksonville, Florida rose four percent between March 23 and June 22, 2016, according to Trulia. Two bedroom homes witnessed the largest increase, as the median sale price rose by 18.6 percent during this same time period. Individuals looking to buy a home need to compare new home loans to ensure they get a great deal and PrimeLending Jacksonville (jacksonvillefl.primelendinglocal.com) can be of help.

“Home buyers have unique needs and we understand this. We work with each client to find the option which best meets their needs, rather than advocating the loan that benefits us the most. During the process, we educate our clients to ensure they understand their options and the advantages and disadvantages of each,” Carol Hendricks, spokesperson for PrimeLending Jacksonville, states.

Consumers need to consider numerous aspects of the home purchase, not simply the interest rate of their loan. In addition to comparing loans, a person needs to calculate mortgages based on loan term, determine the tax savings with each option and more. PrimeLending Jacksonville offers a variety of calculators to help consumers do exactly this.

One thing individuals need to consider is refinancing a current mortgage. To do so, the consumer needs to take into consideration their current interest rate, the principal remaining on their loan and the number of months remaining before it is paid off. They then need to compare this to the annual interest rate of the new mortgage being considered, the loan term of the new mortgage, the loan origination fee and any other fees and/or discount points.

“Our calculator takes all of the above into account so a homeowner gets a clear picture as to whether refinancing is the appropriate option for their situation. This is only one of the many calculators we offer. Consumers will also find a mortgage calculator, information on tax savings, material on the impact of discount points interest and more with a quick visit to our site,” Hendricks continues.

Some families find they don’t wish to move, but would rather undergo renovations. During this time, home improvement loans are often needed. To ensure PrimeLending Jacksonville meets the needs of all, this type of product is likewise offered.

“With the help of a home improvement loan, families find they can turn their house into the ideal home. Whether a small project is being planned or a complete makeover is desired, we’ll work to find a loan that is right for your family and your budget,” Hendricks declares.

About PrimeLending Jacksonville:

PrimeLending Jacksonville strives to help individuals buy a home, put their equity to work and find a lower rate. They offer new home loans, mortgage refinancing products and home improvement loans to achieve this goal.

For more information, please visit http://jacksonvillefl.primelendinglocal.com/

Contact Info:
Name: Carol Hendricks
Organization: PrimeLending Jacksonville
Phone: 904-601-0879

Source: http://marketersmedia.com/primelending-jacksonville-reports-home-prices-are-on-the-rise/122007

Release ID: 122007