Nicolas Financial has been a pioneer in the technology of online lending. We provide online mortgage solutions to over 13 million borrowers including first-time homebuyers and the second home buyers in America today. We are committed to helping people get through the homebuying and financing process with ease and with a better experience.
Nicolas Financial, we are proud to provide online mortgage solutions to thousands of new homebuyers and veterans in the U.S. today. Our goal is to help people get through the homebuying and financing process with ease and with a better experience.
In our mortgage products, we offer a variety of features that make it easier for you to get the loan for the home you want. We are also committed to helping people get through the homebuying and financing process with ease and with a better experience. We want to be a partner with you. A loan company that goes above and beyond to make the process for you easier is something we are proud to be a part of.
So how does your homebuying experience differ from the one we’ve been using in our mortgage products? Well, the mortgage process is the opposite of our mortgage products. We don’t offer a loan to buy a home. Instead we offer a loan to buy a home and then refinance (or refinance and refinance) into a new home.
By this I mean we want to be a partner with you. At the same time, a loan company that goes above and beyond to make the process for you easier is something we are proud to be a part of.
It’s a big difference, but the process of buying a home is very similar to that of buying a car since both of these transactions involve the purchase of a financial asset. The major difference is that we don’t offer loans to buy homes. Instead we offer loans to buy homes and then refinance or refinance and refinance into a new home.
For those of you who have lived in a home for any length of time, the process of buying and refinancing is not easy. It is time consuming and requires numerous steps that are frequently confusing. To make buying and refinancing easier, we offer a loan package to help you get started. There are loan offers for both short- and long-term refinancing.
The loan offer for short- and long-term refinancing is the same. We provide up to $125,000 for a short-term refinance (6-12 months) and $125,000 for a long-term refinance (12+ months). Both loans are amortized over 30 years. The 30 year amortization term means the loan will be paid off sooner and at a lower interest rate than if you were to finance it over the life of the loan.
The best loan offer is a short-term refinance. That means you won’t have to do a regular 30 year amortization on your loan. You can take out the loan at either end of the amortization period. You can refinance the loan with a 3 year, 6 month or 12 month amortization.
As we mentioned, the loan rates are amortized over 30 years. The mortgage rate is actually the average of the prime rate and the spread between prime and the effective interest rate (i.e. the difference between the prime rate and the effective interest rate divided by the prime rate) so the 30 year amortization is going to have a lower effective interest rate than the shorter period amortization.
