Mortgage Loan

A mortgage loan is used to finance the purchase of real estate. The property itself serves as collateral for the loan.

Finovies is a financial services company that specializes in helping individuals manage and navigate Mortgage loans. They offer various tools and resources to help users understand their loan details, repayment options, and strategies for managing Mortgage debt. While specific features and services can vary, here are some common aspects of what Finovies might provide:

  1. Loan Summary: Detailed information about your Mortgage loans, including balances, interest rates, and loan servicers.
  2. Repayment Plans: Information on different repayment options, such as standard, income-driven, or extended plans, along with how they might affect your monthly payments and overall loan term.
  3. Refinancing Options: Tools to explore and compare Mortgage loan refinancing options to potentially lower interest rates or adjust repayment terms.
  4. Payment Tracking: Features to help you track your payments and stay on top of due dates.
  5. Financial Advice: Personalized advice on managing Mortgage loans, budgeting, and financial planning.
  6. Loan Forgiveness Information: Guidance on eligibility and application processes for loan forgiveness programs, such as Public Service Loan Forgiveness (PSLF) or income-driven repayment forgiveness.
  7. Alerts and Reminders: Notifications for upcoming payments, application deadlines, and other important loan-related events.

Amount

20000 - 500000

Inretest Rate

3.5

Reimbursement period

10 - 30 years

Reimbusment type

Weekly - Monthly - Quarterly