![1n0o]()
|
How much mortgage can you afford? What kinds of mortgage loans are available? Where can you get help with down payments? There are numerous federal, state, county, and city programs for buyers in almost every situation. Learn to use "mortgage speak " - escrow, title, appraisals, closing costs, points - and become an informed buyer by using the resources below.
- Becoming a Homeowner - Fannie Mae - This site answers your basic questions about mortgage loans, gives information on various financing programs available through approved lenders, and helps you find an approved lender in your area.
- FHA Insured Loans - Special federal mortgage programs for rehab and Title 1 home improvement loans, energy efficient mortgages, and Indian Reservations are among those included.
- Looking for the Best Mortgage - The Federal Reserve Board offers information on shopping for, comparing, and negotiating the best financing deal.
- Mortgage 101 - Learn about various mortgage programs, including VA loans and second mortgages from the National Association of Mortgage Brokers. Find lots of information about all aspects of the mortgage loan and use the numerous loan calculators to estimate your costs.
- NAR's Financial Calculator - Crunch the numbers. Use the calculators to ensure you're making the best choice for the long run.
- Your Route to Homeownership - This site provided by Freddie Mac, provides information on the mortgage process, different types of mortgages, and what each type of mortgage can and cannot do for you. It also contains a list of mortgage providers offering Freddie Mac products.
MORTGAGE CALCULATORS:
It's always recommended that you consult a mortgage specialist before making any big financial decisions. But you might appreciate a little bit of fore-knowledge, before you approach a professional to see about financing your Phoenix home purchase.
 How Much House Can You Afford?
Find out approximately how much money a lending institution will lend you, based on your income and your debts.
What Monthly Payment Is Needed for a House with a Specific Sales Price?
Determine how changes to the desired sales price of your prospective home will affect your payments.
How Much House Can You Afford with a Specific Monthly Payment?
Understand how your desired monthly payment will affect the price of the house you can afford.
How Much is Your Monthly Payment?
Explore the outcome of changes to your loan balance, mortgage term, and interest rate on your monthly payment.
Is Now a Good Time to Refinance?
If you currently have a mortgage, determine whether refinancing is right for you.
|
|
Equal Housing Opportunity