Many people are uneasy to talk about or deal with the financing
part of the home buying process. Well, here is some good news.
With the right mortgage professional and your MAINGATE associate
working for you, the financial part of buying a home can be painless,
the right mortgage provider is crucial and can make or break the
deal. If you have not already contacted a mortgage professional,
that is Step 1. You can ask your MAINGATE associate for a list
of mortgage professionals or contact your preferred lender.
mortgage professional will discuss the items that determine your
interest rate and your qualifying loan amount. There are many
mortgage "products" available. A reputable mortgage
provider will assess your needs and recommend the right product
much will that $300,000 house cost me a month? Or how much house
can I get for under $2,000 per month? Your mortgage person will
help you with that and give you a Good Faith Estimate. In the
mean time, you can play with the numbers right here.
are invited to use one of the mortgage calculators below as an
estimating tool in your home buying process.
Calculator - Quick Estimate
Calculator - adjustable rate