Mortgage Information
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Purchasing a home is one of the most important financial decisions you will make. DO NOT trust that an internet search for the lowest interest rate will find you a mortgage professional that will have your best interest in mind. Shop for a mortgage using mortgage professional you know and trust, or one someone you know and trust has used before. The mortgage industry is largely unregulated...the guy that delivered your pizza last night could be a mortgage originator tomorrow. Be careful!
Interest rates and loan programs change frequently. I believe that you should check with at least a few reliable mortgage sources to make sure that you find the best interest rate and loan program for your situation. Ask for a "good faith estimate" so you can compare the quotes from different mortgage companies on an apples to apples basis.
The buttons to the left will take you to mortgage professionals that I have used in the past and I trust will be responsive to your needs, give you competitive rates, and most importantly will deliver what they have promised on the day you close on your new home! . |
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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.