Military Friendly Mortgages
Here at Centum Home Lenders we understand the mortgage needs for servicewomen and men are different than those of civilians. We make an extra effort to provide our military personnel with a positive homebuying experience.
Lenders make special considerations for military families and it’s our job to help you navigate these frameworks. Our team is here to work with your schedule and reduce the worry of financial strain from short notice moves.
3 Special Considerations for Military Mortgages:
- Will your lender waive the prepayment penalty? Sometimes getting a new home when you relocate doesn’t make sense. Lenders that allow you to pay off your mortgage early, without penalties, can save thousands.
- Are you able to port your mortgage? Using an existing mortgage for a new home saves time and money, in addition to providing assurance you’ll be covered in your next transaction.
- Will your insurance be enforceable during deployment? Not all insurance products are equal, and some don’t cover military members during deployment (believe it or not). Confirming and documenting enforcement of insurance during deployment is a must for military members.
For a decade, Centum Home Lenders has prided itself on providing the best military friendly mortgage experience possible for our clients.
Contact us today for more information and support specific to military members!
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