Mortgage 101

Your Mortgage Resource Center

Mortgage Calculator

Quickly estimate your monthly mortgage payment.

Adjustable Rate Mortgage (ARM)

If you’re planning to stay in your home for a relatively short period of time, consider an adjustable rate mortgage.

Fixed Rate Mortgage

If you’d prefer consistent monthly payments of principal and interest during the life of your loan, a fixed rate mortgage is may be easier to budget and plan.

Rates and Cost

When considering mortgages, there are two factors that determine the total cost of the loan — the interest rate and the costs associated with the transaction.

Mortgage Insurance

Mortgage companies like On Q Financial, Inc. require some borrowers to purchase mortgage insurance in order to protect the lender if the borrower is unable to pay the mortgage.

Credit and Income

On Q Financial, Inc. mortgage professionals have the experience and training necessary to identify your individual strengths and match you with home loan programs that best fit your financial situation.

Understanding Mortgages

At On Q Financial we simplify the mortgage process so that it is as fast, efficient and fully explained so you understand the process.

Mortgage Glossary

View a list of mortgage terms and their explanations.