

|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 317-885-8858.
|

Get Free Presentation On Our Home Marketing. Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed. Find Out More > View All Offers >
|

Sold Within Three Weeks “His marketing of the inside of our home was the selling point.” The Doughertys - Whiteland IN Read Quote > View All Quotes >
|
Compare three mortgages
at one time. Download TripleCalc now. It's free.
|
The Harbert Group is one of The Top Selling Real Estate Experts Find Out More > |
|
|
|
For Home Buyers:
Why Buyers Choose The Harbert Group - Why homebuyers looking for a real estate agent in the Indianapolis and Greenwood area choose The Harbert Group.
Latest Listings - Get The Harbert Group's latest Indianapolis and Greenwood listings of homes for sale first!
Find Your Perfect Home - The Harbert Group will search for your ideal home and email you the newest Indianapolis and Greenwood MLS listings of properties in Johnson County IN.
First Time Homebuyers - Are you a first time homebuyer in Indianapolis and Greenwood, IN? Choose a top real estate agent. The Harbert Group can guide your home buying search.
Mortgage Prequalification - Pre-qualify for a mortgage or loan for your Indianapolis and Greenwood house or other real estate or property.
Go to Main Sitemap - Main sitemap sections include Find Indianapolis and Greenwood Homes, For Home Buyers, For Home Sellers, Indianapolis and Greenwood Information, Real Estate Resources, and About The Harbert Group.

Please Sign Up For The Latest Listings and the Latest Real Estate News
Financing Your Home >Mortgage Terms
New mortgage loan products offer a more complex selection of terms. Lenders now offer mortgages that are blends of short-term ARMs and 30-year fixed-rate loans with a lower fixed-rate of interest for a period of five, seven or ten years. Be sure that you understand what happens at the end of the initial term before you sign on the dotted line for such a loan.
Many of these loans revert to a 1-year adjustable rate loan at the end of the initial term and can be adjusted once a year based on an index tied to the cost of money. You should know how much over the index your rate will be set and the limit or cap on how much your payments can increase. A "balloon" note requires the entire balance to be paid to the lender after the initial period of the loan ends. Most of these loans require the lender to guarantee to refinance the note at that point if payments have been timely. The lender should spell out how the re-finance rate will be determined and what costs will be involved. These loans can help you buy a more expensive house than you could afford with a 30-year fixed rate mortgage, but be sure that you understand the terms and the potential risks.
|
| Q |
What is a VA home loan?
|
| A |
The Office of Veterans Affairs guarantees small or no-down payment mortgage loans made by lenders to U.S. veterans. |
See More Real Estate Trivia > |
|

|
The Harbert Group REALTY WORLD-Harbert Company, Inc. 450 South State Road 135, Suite B Greenwood, IN 46142 317-885-8858 Fax: 317-889-8858 indy-properties@NUMBER1EXPERT.com
This innovative web site will provide you with the most comprehensive information available in today's Real Estate Market. My name is Brian Harbert, and my staff and I are dedicated to providing quality service. The real estate industry is always changing, and you need someone who keeps up to date with the changes. Give our team a chance to help you with all of your real estate needs. 
www.indy-properties.com is brought to you by
The Harbert Group NUMBER1EXPERT in real estate for
Indianapolis and Greenwood, Indiana, Single Family Homes, Commercial Properties Read The Harbert Group's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|