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Elizabeth Munoz

It was a pleasure working with Jet Direct. All my questions were answered promptly. I will refer them to family and friends. Thank you to Jet Direct for making it a smooth process!

Cristin Savino

As a first time home buyer I was very nervous about the whole home buying process. Peter Pescatore and his team were very helpful, polite, and extremely professional throughout the entire process. And, best of all, they got me a better rate then I was hoping for! They made buying my first home completely stress-free. I highly recommend using Jet Direct for any of your home buying needs!
Paul Teri

As first time home buyers, we were grateful to work with Sal Petrozzino! Not only is he personable, but he was always available to answer any questions we had along the way - didn't matter if it was nights or weekends. His guidance and expertise helped us to make the best possible decisions as we worked to close on our new home.

Rachel Klein

They made ma feel like family, they took me every step of the way . Thank you!
Adam Gurley

Peter Pescatore and his team were all class acts. They made buying my home stress-free. I will be recommending them to everyone!

Vanessa Horowitz

Sal was a pleasure to work with. He was personable, patient and informative. I would highly recommend Sal.
John Michael

Working with Pete, Jeff and Lauren was great. They helped me through the process and made it a great experience for us. I will recommend Jet to all our friends.

Margo Urquijo

Jet Direct was the best to work. We loved Enid so much. She was beyond helpful and made us feel so confident in the process. We will be recommending Enid and Jet Direct to any of our friends or family. So thankful for all you have done for my husband and I.
Surimaribo24

Thank you jet mortgage Team. Enid -Michelle-Irene and the team are simply the best, with the speed and being on top of everything. they treat their clients like a king . dont look anywhere else if you're looking for a mortgage this is the one and last stop. they are PRO and will get you the best rates .words can't express how thankful we are. thank you for getting us into our first home.

Cristin Savino

As a first time home buyer I was very nervous about the whole home buying process. Peter Pescatore and his team were very helpful, polite, and extremely professional throughout the entire process. And, best of all, they got me a better rate then I was hoping for! They made buying my first home completely stress-free. I highly recommend using Jet Direct for any of your home buying needs!
Rachel Nieves

What a pleasure it was working with Peter, Jeff and Lauren. They are very knowledge in their field. The explained every step of the way what was happening and what we were to expect. We must have emailed them a million times and they never were upset at us for doing so. Not only did we use them to get our mortgage, but they can help years later to modify your mortgage and try to bring down your rates. We could have never of sold and bought our new home without them. I highly recommend them.

Reverse Mortgage in Wantagh, NY 11793

Mortgage Interest Rates

If you’ve never bought a house before in Wantagh, NY, you’re undoubtedly shocked by all the terminology you’ve been exposed to. A fixed-rate or an adjustable-rate mortgage are both options. It can have a term of 15, 30, or even a different length. And a whole lot more! It turns out that you must choose the mortgage interest rate type that is best for you.

Your financial condition and level of comfort will determine the type of mortgage you select. You can start your application with Jet Direct Mortgage if prepared to begin the mortgage procedure in Nassau County and the greater Wantagh, NY area.

Wantagh, NY

Fixed-Rate Mortgages

A fixed-rate mortgage is a type of house loan with a set interest rate for the duration of the loan. In essence, the mortgage’s interest rate won’t vary during the course of the loan, and the borrower’s monthly payments for interest and principal won’t change either. Even market changes won’t have an effect on the rate with this kind of mortgage.

The biggest advantage of a fixed-rate mortgage is that your monthly payment will not change throughout the loan. With a fixed-rate mortgage, your principal and interest payments—the portion of the mortgage itself—won’t fluctuate. The initial rate on an ARM is lower than that for fixed-rate mortgages (discussed below). For the assurance that your interest rate will remain low for the duration of your loan repayment, you’re willing to spend a little bit more.

As we have seen, stability is greatly enhanced by fixed-rate mortgages. A fixed-rate loan can be very sensible if you want to avoid worrying about your monthly payments altering in the future. Additionally, if you get it at a low-interest rate from a leading reverse mortgage lender, it might be a wise decision.

Call Jet Direct Mortgage at 855-553-4732 to learn about different types of mortgage rates and which one is the best for your needs.

Adjustable-Rate Mortgages

The interest rate on an adjustable-rate mortgage is changeable. For the initial few years of the loan, the interest rate will not change; after that, the bank will change it. Lenders offer a wide variety of ARMs with varying starting terms, ranging from three years to ten years (or longer!). Two numbers represent the rate: The duration of the fixed rate is the first, and the frequency of subsequent interest rate adjustments is the second.

The lower initial interest rate of ARMs is its main selling point. You might be able to save money early on in the loan that you can put toward the principal, which would speed up the repayment of your mortgage. You might be in a position to afford a more expensive home with reduced payments, thanks to the greater cash flow upfront. Having excess cash flow could also provide you with an advantage in the competitive real estate market.

If you don’t intend to live in your house for an extended period of time, the low introductory rate of an ARM may be quite alluring. Usually, for the first 5, 7, or 10 years that you hold the loan, your introductory rate is fixed. An ARM can help you save money if you plan to sell your home before your rate increases. Additionally, if interest rates are currently high, an ARM may enable you to obtain a lower rate.

If you have any doubts regarding mortgage rates, call Nassau County’s best at 855-553-4732.

If you’ve been looking for the best refinance company to refinance home loan, look no further because we are one of them. All you need is our assistance to find low-mortgage refinance rates, and our Wantagh, NY, mortgage lenders, can help you find the best mortgage programs based on your requirements. From pre-application to closing, our Nassau County team of mortgage professionals will help you navigate the mortgage process.

Do you have any questions or worries concerning the Wantagh, NY mortgage process? If so, don’t hold out any longer! Contact us at Jet Direct Mortgage today 855-553-4732.

Some information about Wantagh, NY

Wantagh is a hamlet and census-designated place (CDP) in the Town of Hempstead in Nassau County, on Long Island, New York, United States. The population was 18,871 at the time of the 2010 census.

The Wantagh area was inhabited by the Merokee (or Merikoke) tribe of the Metoac Indians prior to the first wave of European settlement in the mid-17th century. The Merokee were part of the greater Montauk tribe that loosely ruled Long Island’s Native Americans. Wantagh was the sachem (chief) of the Merokee tribe in 1647, and was later the grand sachem of the Montauk tribe from 1651 to 1658. The Dutch settlers came east from their New Amsterdam colony, and English settlers came south from Connecticut and Massachusetts settlements. When the English and Dutch settled their competing claims to Long Island in the 1650 treaty conducted in Hartford, the Dutch partition included all lands west of Oyster Bay and thus the Wantagh area. Long Island then was ceded to the Duke of York in 1663-64, but then fell back into Dutch hands after the Dutch regained New York in 1673. The Treaty of Westminster in 1674 settled the land claims once and for all, incorporating Long Island into the now-British colony of New York.

Early settler accounts refer to Wantagh as “Jerusalem”, although earlier accounts refer to the area as “Wantagh”. The creek running north-south through Wantagh, and which has been covered up in many places but is still visible between the Wantagh Parkway and the housing developments west of Wantagh Avenue, was originally the Jerusalem River. The original post office was built in 1837, for Jerusalem, but mail service from Brooklyn began around 1780. The town’s first school was established in 1790. At some time around the 1880s, Jerusalem was renamed Ridgewood, and the town’s original LIRR station was named “Ridgewood Station”. Later, Ridgewood was renamed Wantagh to avoid confusion with another town in New York State with the same name.

Wantagh, NY

George Washington rode through Jerusalem on April 21, 1790, as part of his 5-day tour of Long Island. The Daughters of the American Revolution have placed a plaque on Hempstead Turnpike to commemorate Washington’s travels, which took him from Hempstead on Jerusalem Road (now North Jerusalem Road) to Jerusalem, on to Merrick Road. He then went on to head east, then circle back west on the north shore. During the Revolutionary War, British ships traveled up Jones inlet and came ashore to raid Jerusalem farms.

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Map of Wantagh, NY

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