FAQs Archive - Page 2 of 2

Q: How do I estimate what my monthly payment will be?

There are many factors that go into calculating your monthly payment including loan amount, interest rate, homeowners insurance, property taxes, PMI, etc. Our job is to analyze each of the things that affect the monthly payment for each house and give you an accurate estimated payment based on the individual house you are interested in.

Q: How do I know what price house I qualify for?

When we qualify you for a home, what we try to determine is how much payment you can afford. Based on your payment comfortability, we can give you a price range to start searching in. Due to the many factors that go into calculating a monthly payment, you may be able to qualify for a $100,000 house but not an $80,000 house. We will look at each house you are interested in individually and give you customized figures before you make an offer.

Q: Are there any first-time home buyer programs available?

Yes. We have a wide range of programs to meet many needs which include programs for first-time homebuyers.

Q: How Do I Know What Programs I Qualify For?

We offer FHA, RD/USDA, Conventional, VA, MSHDA, Rehab/Repair, and New Construction loans. We will take all your information and consider you for all programs. Based on your specific needs and long term goals, we will help you select which program is best for you.