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Which Home Loan is Right for You?

Which Home Loan is Right for You?

Posted On: October 19, 2020 by Prevail Bank in: Home Loans

 

Are you getting ready to dive into your first home purchase? Before doing so, it’s helpful to learn the difference between two types of loans offered by banks, to make an educated decision. These two loans are Portfolio and Secondary Market Loans.  Ultimately, deciding which of these loans is best for you, will depend on your preferences and unique circumstances.

What is a Portfolio Loan?

Portfolio loans are both owned and managed by your local bank. ...

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Tags: Local, Mortgage Lender, portfolio loan, secondary market loans

Local Mortgage Lenders vs. Online Lenders

Posted On: June 22, 2020 by Prevail Bank in: Home Loans

 

In today’s digital world, we have options to do nearly everything online. We can shop for groceries, order a new outfit, and even buy the latest sports car online. At Prevail Bank, we believe that local mortgage lenders will never go out of style.

We offer the convenience of online applications, or, by your preferred method of communication; email, phone call, or even text. But most importantly, your lender is always here when you need them, at the point of application,...

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Tags: Local, Mortgage Applications, mortgage calculator, mortgage lenders, Online Lender

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