Mortgage Information
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Financing plays a big part in the purchase of your new home. Financing options and rates can vary widely, so it is important to do your research to ensure you get the mortgage that best meets your needs at the best price.
The second thing you should do when you decide to look for a home is to get "pre-approved" from a lender (the first thing is to call me). In todays market, most sellers want to see the pre-approval letter with your offer on the house. If you don't have it, your offer may not be considered.
Did you know there are First Time Buyer programs? Did you also know there are over 2000 different loan options available?
I would be happy to refer you to a very good mortgage contact I have in our office who will help you understand the options available to you for mortgage financing. We'll make the process simple and stress free for you. Contact me if you'd like more information on getting pre-qualified for your loan. |
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Use the mortgage calculators below to assist you in making some decisions around financing your new home.
Mortgage Qualification Calculator
This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.
Mortgage Payment Calculator & Amortization Table
This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.