About New Fed Mortgage CorpPurchasing a home can be one of the biggest financial decisions many people will ever make. As such, it pays to have the best advice, assistance, and service available. NewFed Mortgage fits the bill in each category. Whether you need to take out a new mortgage, refinance an existing one, or set up a reverse mortgage, you'll find a loan program that works for you.
If you're in the market for a fixed-rate loan, you'll find that NewFed has several options available. If you're planning to stay in your home for at least seven years or longer, a 30-year fixed rate plan may be your best option. If you want a faster track option that offers greatly diminished overall interest payments, NewFed also offers 15-year mortgage plans. Either way, you'll have the flexibility of deciding whether a fixed-rate or adjustable-rate mortgage fits your family's needs.
If you already have a mortgage, NewFed gives you the option of refinancing. This can allow you to improve your interest rates and terms. In addition, refinancing can provide liquidity for student loans, vehicles, or even debt reduction.
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