Mortgage Information

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.

 

Whether you are a first time home buyer or someone who is selling their home and buying another, the first thing you want to do is get your horse in front of the cart. In other words you want to find out how of a mortgage you qualify for, this way you will only be looking at the homes in your price range.

 

I cannot stress enough the importance of getting pre-qualified  before looking for a home. In today's real estate market where the home's are being offered at a great price and interest rates are at historic lows there may be several offers on a home that you are interested in. You have a huge advantage if you are pre-qualified at the time you make your offer, because this will encourage the seller to accept your offer over the other buyers since you are qualified to purchase that home.

 

 

Choosing a Lender

 

When choosing a lender to work with it is imperative that you make sure that you are working with a company and a Loan Officer that you trust and without a doubt can get the job done. If you have a lender that you are trust that is great, but if you don't I highly recommend Rich Brown at Network Mortgage. I have known Rich Brown for over 20years, and he is the most honest person that I know. His company process's, underwrites, and fund all their loans in house at their Lynnwood main office. He is very good at communicating with his clients and closing the transaction on time. I will absolutely refer him to my clients, because I know that my clients will be taken care of, and most of all he will do what's in the best interest of my client. Apply now

 

Rich Brown

Mortgage Consultant/VA Loan Specialist

Licence# 117449

425-672-2810 Office

206-714-4018 Cell

RichB@networkhomeloans.com

www.networkhomeloans.com/richb

 

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.