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. If you are a first time home buyer, there are many low down payment options available in the Pottsboro area.
If you are purchasing a second home or investment property, there are many local lenders in the Texoma area who offer these types of home financing options. Local lenders are familiar with the uniqueness of Texoma property and are skilled at finding the right loan program at the best mortgage rate available.
A variety of mortgage products are available and finding the one that is right for you is my priority. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price. Keep in mind however, if it sounds too good to be true, it probably isnít.
It is always preferred that home buyers obtain credit approval before beginning the home search. A pre-approval letter will give you the confidence to shop for your dream home, knowing the cash investment you will need as well as what your monthly payments will be. It will also help you negotiate the purchase of your dream home!
I would be happy to refer you to some very good mortgage contacts I have in Pottsboro, or to help you in any other way I can to secure the best possible mortgage rate for your home purchase.
Use the mortgage calculators below to assist you in making some decisions around financing your new home.
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.
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.