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Obtain Financing |
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| Financing. 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, even easy. Choosing 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. A 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 for you. How 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. You are invited to use one of the mortgage calculators below as an estimating tool in your home buying process.
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