Preview Mode Links will not work in preview mode

Martini Mortgage Podcast

May 28, 2019

Kevin Martini is a trusted Raleigh Mortgage Lender with the Martini Mortgage soup at Benchmark Mortgage and he is also the host of the Martini Mortgage Podcast.  In episode 057, Kevin Martini, will be talking about Annual Percentage Rate (a.k.a. APR).

What is APR?  Is it a good tool to compare 2 products?  Should one use APR only to decide which home loan or mortgage they should get?

APR (Annual Percentage Rate) was created to help a consumer compare 2 loan products.  It was created with and is used today with the purest of intentions however, it is my opinion, APR can be misleading.  Episode 057 defines what APR is and shows highlights some of the shortcomings.

Kevin Martini | NMLS ID 143962 | Senior Mortgage Strategist & Branch Manager | Martini Mortgage Group at Benchmark Mortgage | Ark-La-Tex Financial Services, LLC NMLS ID 2143 | 223 S West Street, Suite 900 Raleigh, NC 27603 | (919) 238-4934 | | | Equal Housing Opportunity