Step 1: Can I Afford It?

The most important question!  No matter how good a credit score, or what type of income you have, affordability is the key.  How much of a monthly payment can you afford? Given your unique credit and employment history, income and debt, and goals, how much will a lender loan you? You can probably get a rough idea of an affordable monthy mortgage payment by using the calculators on our website. We'll also help you through different scenarios by asking a few simple questions. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from.

Debt-to-Income Ratios - Lenders often look at something called a debt-to-income ratio.  This is a calculation of what pecentage of your income is used towards paying monthly debts such as credit cards, auto loans, student loans, etc.  This section will further explain how your debt-to-income ratio will affect your loan.

Below are some calculators to help you determine where you are at in the loan qualification process.

NOTE:  These calculators are for general purposes and seeking professional consultation from one of our experienced mortgage loan consultants will give you a complete analysis of your situation.

Mortgage Qualifier Calculator - Can you buy your dream home?  Find out just how much you can afford!

Maximum Mortgage Calculator - Use this calculator to determine your maximum mortgage and how different interest rates affect how much you can borrow.

Required Income Calculator - This calculator wll help you determine how much income is needed to qualify for a mortgage loan amount and how different interest rates affect your required income.

Step 2: Credit - Continue for more information on how credit influences your loan and other useful information regarding credit.