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Block Financial Resources

in Mortgage Refinance

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Block Financial Resources

Unaffiliated

in Mortgage Refinance

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Overview

Where does Block Financial Resources do business?

Block Financial Resources is based in New York, NY. The company was founded in 2008 and offers mortgage refinancing to borrowers in 2 states across the USA.

What is the maximum loan term for a mortgage refinance via Block Financial Resources?

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. Block Financial Resources offers mortgages refinancing with terms ranging from 15 to 30 years.

Does Block Financial Resources charge a mortgage origination fee?

Yes, Block Financial Resources may charge a loan origination fee.

Does Block Financial Resources charge prepayment fees?

Yes, Block Financial Resources 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 Block Financial Resources offer?

Block Financial Resources offers the following mortgage programs:

  • Conventional mortgages
  • FHA
  • FHA 203k
  • VA

What property usage types does Block Financial Resources allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Block Financial Resources allows the following property usage types: 

  • Primary home
  • Secondary homes and vacation properties
  • Inestment properties and house flipping projects 
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Availability

Available in 2 States
  • New Jersey
  • New York

Feature Breakdown

Intended Use
  • Investment/House Flipping
  • Primary Home
  • Secondary Home
Loan Term (Years)
15 - 30
5 40
Loan Amount
Up to
$5,000,000
Terms
5/1, 7/1, 10/1, 15, 30 years

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