Are you getting ready to purchase a home? It is important toknow how much you can afford even before you begin looking at properties. Talking to a lender and getting pre-approved for a loan puts you in a stronger negotiating postition with a seller. You should have a loan letter that goes along with your offer.
Monthly payments include principal, interest, taxes, and insurance. If you have long term debts such as student loans or car payments, that will enter into the calculations of what you can afford. Conventional, VA, and FHA loans each have their own guidelines. Your credit score will play a big role in calculating what you can afford and what your interest rate will be.
We would like to share some of our favorite loan officers with you. Over the years we have found them to be competitive with their interest rates and fees.
Susan Bodnar: Infinity Mortgage: Cell: 281-808-0590 Office: 281-826-0030
Erin Merryman: Georgetown Mortgage: Cell: 832-723-3577 Office: 281-361-0312
Tom Wilson: Optima Mortgage: Cell: 832-724-8607 Office: 713-789-0800
Eric R. Afflitto: Mid America Mortgage: Cell: 281-703-7140; Office: 832-917-0987
Arne Kaplan: Western Mortgage: cell: 281-851-7937
Mark Gaterman: Van Meter Mortgage cell: 713-835-4466 Office: 281-703-7140
Holly Whitney: Hometrust Mortgage: Cell: 281-705-4659 Office: 713-369-6506