Choosing the right loan is as important as choosing the right home. Do you want to own your home or for your home to own you? Borrowing more than you can afford using loans with "teaser" rates that start low and increase over time can make your dream home your nightmare.
Use this mortgage calculator to help determine how much money you can qualify to borrow. Use good judgment to determine how much you can afford to borrow.
For mortgage calculation purposes, your gross income is how much you make before all deductions, taxes, retirement, insurance or voluntary savings. Be sure to compare your home payment to what you really take home after all deductions.
Total monthly debt is credit cards, car payments, revolving accounts, child support or required tax payments.
In this increasingly complex financial environment investors have found it difficult to finance non-owner occupied real estate. At Realty Stars we have teamed up with local banks and National Investment firms and are able to offer investors a variety of financing options. No limit to the number of units owned. Loans from $30,000 to $200 million. Rates can be as low 2.5%. Feel free to contact us if you would like more information.