Mortgage Information


How to Find a Lender


Today, lenders can be found through a variety of sources. In addition to calling on ads in the newspaper, you can also find and apply to lenders over the internet, and through referrals from your REALTOR. We would be happy to suggest lenders we have used successfully, who have proven themselves competitive and capable even with problem properties or poor credit.


Choosing the Right Lender


Interview several lenders to evaluate the following:



  • Ability to explain things clearly and return your phone calls in a reasonable time period

  • Competitiveness of interest rates, costs & fees.

  • Availability of loan programs that suit your credit profile and desired property

  • Access to local loan approval committee that understands the kind of property you are buying


Choosing the Right Kind of Loan


Today there are so many types of loans on the market that it is beyond the scope of this page to list or explain them all. Your lender is the best person to help you select a loan program to suit your needs. Below is a summary of the three most popular loan types we see in practice; for more detailed information click the link at the end of this page.





Mortgage Payment Calculator & Amortization Table


This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.


Mortgage Calculator