Berry & Roxbury Mutual Insurance CO - Cross Plains, WI - Phone: (608) 798-4766
MT Horeb Office - Cross Plains, WI - Phone: (608) 798-3961
State Bank of Cross Plains - Cross Plains, WI - Phone: (608) 798-3334
State Bank of Cross Plains - Middleton Office - Cross Plains, WI - Phone: (608) 828-0200
State Bank of Cross Plains - Motor Bank - Cross Plains, WI - Phone: (608) 798-1213
Mortgages are loans which are given by lenders to pay for the purchase of real estate property, and have a specific time period and rate of interest for the payment. The borrowers, who are known as the 'mortgagors', give the lenders, also known as the 'mortgagees', a legal asset as a security against the loan. In Cross Plains, the borrowers may get mortgages either from financial establishments like banks directly, or from individuals who act as mediators between the bank and the borrower.
Mortgages in Cross Plains vary, depending on two main categories: the time period of the loan and the interest rate of the loan. Mortgages may be for 15 or 30 years, as per the time period in Cross Plains. Based on the interest rates, the mortgages are either fixed or variable.