Buying a Home
The idea of purchasing a home, whether it be your first or last, is bound to bring many questions to mind. This is a natural reaction, as it is one of the biggest decisions you will ever make. Rest assured, our team and is here to assist you in understanding the loan process with our goal being to make your experience a pleasant one.
Get Your Free Home Buying Guide
Benefits to Owning A Home
- Building Equity for Your Future
Your home is an asset that will grow in value. Your monthly payments pay down your mortgage, helping you build equity. - Fixed Monthly Payments
You can plan knowing you have a fixed monthly housing cost and don’t have to worry about your rent increasing. - The Home is Yours
You can have pets, paint, decorate, renovate, and enjoy customizing your home. The choice is yours. - Tax Benefits
Mortgage interest may be tax deductible, keeping more money in your pocket each year. You should consult with your tax advisor for your unique financial scenario.
Which Loan Product Is Right For You?
Conventional
The most common mortgage type. Ideal for buyers with established credit and larger down payments.
VA Loan
Is a loan benefit offered to members of the military. No down payment or mortgage insurance is required.
FHA Loan
Offers low down payment options and more relaxed credit requirements. Requires mortgage insurance.
Jumbo Loans
For larger home purchases exceeding loan limits. Requires excellent credit and cash reserves to qualify.
USDA Loan
Geared toward low to moderate income households in less populated communities.
Construction
A short term loan used to finance the construction of your dream home that once built you can refinance.
Renovation
Purchase and renovate in the same loan with rennovation loan options like FHA 203k.
H4P
For those age 62 and over, HECM for purchase loans allow seniors to purchase a home with a reverse loan.
Mortgage Calculators
Every home buying and refinancing journey is different, but just knowing the rough numbers can help in the decision-making process. The calculators below are provided to illustrate various financing situations and are not a substitute for a loan officer or mortgage expert.
Use this calculator to estimate your monthly home loan payments for a conforming conventional home loan.
Use this calculator to estimate your monthly home loan payments for an FHA mortgage.
Use this calculator to estimate your monthly home loan payments for a VA mortgage.
Use this calculator to estimate the affordability of a home purchase.
Conventional Loan Calculator
Use this calculator to estimate your monthly home loan payments for a conforming conventional home loan.
FHA Loan Calculator
Use this calculator to estimate your monthly home loan payments for an FHA mortgage.
VA Loan Calculator
Use this calculator to estimate your monthly home loan payments for a VA mortgage.
Refinance Calculator
Use this calculator to estimate your monthly home loan payments in a mortgage refinance.
Affordability Calculator
Use this calculator to estimate the affordability of a home purchase.
Ready to Buy?
Once you are ready to buy, the first step is to get a pre-approval. A mortgage pre-approval is a letter that states that a borrower is qualified for a mortgage up to a certain amount. To obtain a pre-approval you’ll provide some basic financial information to your loan officer and they’ll run a credit report.