Where does Bayburg Financial do business?
Bayburg Financial is a direct lender based in Boca Raton, FL. The company was founded in 2007 and offers mortgage refinancing to borrowers in 1 state across the USA.
What is the maximum loan term for a mortgage refinance via Bayburg Financial?
The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Bayburg Financial offers mortgages refinancing with terms ranging from 10 to 30 years.
Does Bayburg Financial charge a mortgage origination fee?
Yes, Bayburg Financial may charge a loan origination fee.
Does Bayburg Financial charge prepayment fees?
Yes, Bayburg Financial charges additional fees to borrowers who pay off their home loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
What mortgage programs does Bayburg Financial offer?
Bayburg Financial offers the following mortgage programs:
- Conventional mortgages
What property usage types does Bayburg Financial allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Bayburg Financial allows the following property usage types:
- Primary home
- Secondary homes and vacation properties