Get a clear picture of your home-buying options with the assistance of a mortgage loan estimator.
If you’re interested in buying a home but want to ensure you have an accurate idea of what kind of financial situation that would put you in, working with a mortgage loan estimator is a game changer. Our team here at Harbor Mortgage Company can help you get an accurate picture of factors like your monthly payments, down payment, interest rates, and loan terms so that you can move forward with confidence when you find a home that meets your criteria.
Working with one of our mortgage loan estimators typically starts with us sitting down together so that we can learn about your financial situation. We’ll ask you plenty of questions about your financial standing, including things like:
- Your Income: We need to know how much you currently make.
- Your Current Debt: Loans, credit card debt, and other financial obligations will impact the loan offers you’re able to secure.
- Your Credit Score: This helps us gauge what kinds of interest rates you might qualify for. A higher score typically gets better rates.
- Your Savings: We’re particularly interested in what you have saved to put towards your downpayment.
This information helps your mortgage loan estimator get a better idea of what kinds of loans you can qualify for and afford. From there, we’ll work to calculate your monthly mortgage payments and give you a ballpark range of what they might be. Our team can help you compare different scenarios, such as how a bigger down payment will impact your monthly payments or the difference between a 15-year and a 30-year mortgage.
You can count on us for personalized advice and the strategic guidance you need during the early stages of the home buying process and for continued support when you’re ready to move forward with a home in the Bedford, Texas area. Reach out today to learn more or to schedule an appointment with a loan estimator.
At Harbor Mortgage Company, our mortgage loan estimators serve those in Savannah, Bloomingdale, Fort Stewart, Garden City, Georgetown, Hinesville, Pooler, Port Wentworth, and Richmond Hill, Georgia, as well as Bedford, Carrollton, Colleyville, Coppell, Flower Mound, Grapevine, and South Lake, Texas.