|
|
|
GRANT MONEY AVAILABLE NOW! QUALIFIED BUYERS CAN PUT DOWN AS LITTLE AS $500!
|
GET PRE-APPROVED FOR A MORTGAGE
|
|
Work with a first class mortgage loan specialist to be pre-approved for a mortgage. Mortgage loan pre-approval is a critical first step toward purchasing a home; and, it is one that should not be entered into lightly. Good communication with your mortgage loan processor is imperative toward developing a good, long-standing working relationship with your lender. Here are just a few links to local mortgage specialists that may be able to help you with the pre-approval process.
Cecelia Jacobs
Mortgage Loan Specialist
NMLSR ID 712885
First Federal Lakewood
Toledo Branch Office
Office:(419) 874-3231 x5366
Fax:(419) 874-2408
Mobile:(419) 704-5687
Toll Free: (800) 966-7300 x5366
Email: cjacobs@ffl.net
Jennifer Abke
Mortgage Consultant
NMLSR ID 413780
Wells Fargo Home Mortgage
Office: 419-930-5646
Fax: 419-930-5627
Mobile: 419-699-1453
Toll Free: 800-284-0711 Ext.5646
Email: jennifer.abke@wellsfargo.com
Alan Tinney
Mortgage Consultant
NMLSR ID 541270
Waterford Bank, N.A.
Office: (419) 720-3572
Fax: (419) 720-5658
Mobile: (419) 250-3655
Email: Alan.Tinney@waterfordbankna.com
Susan Noel
Mortgage Consultant
NMLS ID: 564489
Waterford Bank, N.A.
Office: (419) 254-7098
Fax: (419) 874-9340
Mobile: (419) 261-0461
Email: Susan.Noel@huntington.com
|
Mortgage Calculator
|
|
Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.
Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs. To email yourself a copy of the results, click the Receive this Detailed Analysis link.
|
|
|
Results
|
Receive this Detailed Analysis
|
|
|
Your Monthly Payments
|
| |
| Loan Amount: |
|
| Loan Insurance (%): |
|
| Total Loan (Mortgage) Amount: |
|
| |
|
| Principal & Interest: |
|
| Homeowners Insurance: |
|
| Property Taxes: |
|
| Condo Fees: |
|
| Monthly Loan Insurance (%): |
|
| Total Monthly Payment: |
|
| Income Needed to Qualify for the Mortgage |
| |
| Total Monthly Loan Payment: |
|
| Total Monthly Debt Payment: |
|
| Monthly Loan Insurance (%): |
|
| Qualifying Income of % GDS Ratio: |
|
| Qualifying Income of % TDS Ratio: |
|
| What You Can Afford |
| We are using the % ratio. |
| Cost of House: |
|
| Down Payment: |
|
| Loan Value: |
|
| Monthly Principal & Interest: |
|
| Monthly Insurance: |
|
| Monthly Property Tax: |
|
| Monthly Condo Fees: |
|
| |
Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] /
(monthly interest rate/ function of interest rate) |
|
|
|
The Title Company Matters
|
|
The Title Company plays an highly important role in the purchase & sale of a home. They are involved immediately from the time the contract is signed until the transaction is complete with the transfer of title. Service is of utmost importance. You have the right to request the title company of your choice, and it is an important choice to assure that the transaction is handled efficiently & accurately. Below are links to Title Companies that I've used in the past and provide excellent services.
|
|
|