Buying a home is one of the biggest investments of your life, and it's important to understand the mortgage process and educate yourself in order to make the most informed decision when it comes to choosing the right mortgage. Our Mortgage Center offers tools and resources to help you ascertain your financial situation and determine what you can afford when buying your new home. Check out our mortgage calculator and informative tips to assist you in finding the right mortgage professional and solution for you.
Use our Mortgage Calculator to determine your monthly payments of a mortgage loan, based on the home price, down payment percentage, interest rate and the length of the term. Discover the information you need to make informed financial decisions regarding your mortgage.
Using a mortgage broker can determine whether you achieve an affordable mortgage payment or end up paying exorbitant interest rates. Browse our list of recommended lenders to find a bank or mortgage professional that fits well with you. We've worked with all of the listed loan officers, and they are all excellent lenders and offer expert guidance to clients looking to buy or refinance a home.
Calculating Closing Costs
It's important to understand the closing costs involved when buying a home. Closing costs are the fees charged by lenders, and they can vary widely, depending on the property you buy and where you live. Often, these costs will include, but aren't limited to, legal fees, land transfer taxes, and title insurance. Check out our information on calculating the amount you need at settlement, so you're fully aware of all the costs involved in buying your new home.
Plan Ahead For Your Mortgage
This informative article, Plan Ahead for Your Mortgage, offers information on financial tips and tricks, and traps to avoid, when you're preparing to buy a new home. Planning ahead will help to increase your home buying confidence and help you avoid hassles in the future.
Contact Lauren at Coldwell Banker Residential Brokerage, or call 1-800-226-4717 for more information about buying a home and financing your next real estate purchase.