Mortgage Information
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If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing. There are many lending institutions that offer a variety of mortgage products. Burnet Home Loans is our in-house mortgage company that offers financing options and rates including low interest rate money for the first time homebuyer, so it is important to do your research to ensure you get the mortgage that best meets your needs. Burnet Home Loans publishes a daily rate sheet that lists the interest rates on the different financing programs. Are you aware that just recently the FHA increased the maximum mortgage limits in the metro area? Emily Cauley,burnethomeloans.com, our in-house representative from Burnet Home Loans is available to help with your financing needs and pre-approval. I would be happy assist you with contacting Emily or to refer you to other very knowledgeable mortgage contacts. My goal is to assist in securing the best possible rate and financing product for your home purchase. Please contact me if you have further questions or concerns regarding financing and I will work to accomplish your unique needs and expectations!
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Use the mortgage calculators below to assist you in making some decisions around financing your new home.
Mortgage Qualification Calculator
This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.
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.