Understanding Mortgage Rate Quotes
We want to help. We wish it were as easy as quoting a mortgage rate, but unfortunately, the government doesn't allow that. As a mortgage lender, we are required to disclose certain information when providing a quote. Any lender that quotes you an interest rate without including an APR (annual percentage rate) and disclosure of fees is being unethical and in some cases, unlawful. Sadly, many lenders use the government disclosure requirement as an opportunity to hide certain fees, overcharge with unnecessary fees, and intentionally confuse the customer.
Here's the truth: In today's market, many things are so tightly regulated that in the end, the cost of a mortgage from a reputable lender will end up costing you about the same as their competitors. It will all boil down to one question: Who are you comfortable doing business with?
Embrace Home Loans is about honoring our customers. We show you up front what your interest rate, your APR, your monthly payment, and your closing costs will be. No surprises. It's that simple. Call 1-800-620-6292 today to get started.
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About Embrace Home Loans
Advanced Financial Services (AFS) is now Embrace Home Loans. For over 26 years we've been helping people with their mortgage financing needs. We are licensed in 46 states nationwide helping tens of thousands of customers every year.
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