Mortgage Brokers Grand Forks ND

Why pay someone else rent? Owning your own home is the best investment you can make. Right now mortgage rates are at an all time low. Mortgage calculators can help you determine what you can afford. Please scroll down to learn more and get access to the mortgage lenders and mortgage brokers in Grand Forks, ND listed below.

Bremer Bank Na
(701) 772-5551
3100 S Columbia Rd
Grand Forks, ND
 
Alerus Financial Na
(701) 795-3200
401Demers Ave
Grand Forks, ND
 
Gate City Bank Columbia Mall
(701) 746-0401
2850 24th Avenue South
Grand Forks, ND
 
Choice Financial
(701) 746-6010
1697 South 42nd Street
GRAND FORKS, ND
Services
Mortgage Brokers

Gate City Bank City Center
(701) 775-0590
501 Demers Avenue
Grand Forks, ND
 
First State Bank
(701) 746-7766
2500 32Nd Avenue South
Grand Forks, ND
 
Economic Development Housing Auth
(218) 773-2371
610 2Nd Avenue Ne
East Grand Forks, MN
 
First State Bank
(701) 746-7766
2500 32nd Avenue South
GRAND FORKS, ND
Services
Mortgage Brokers

US Bank - Grand Forks - Downtown Office
(701) 795-6295
600 DeMers Ave
Grand Forks, ND
Drive Up Hours
Mon 08:00 am to 06:00 pm
Tue 08:00 am to 06:00 pm
Wed 08:00 am to 06:00 pm
Thur 08:00 am to 06:00 pm
Fri 08:00 am to 06:00 pm
Sat 09:00 am to 12:00 pm

Gate City Bank
(701) 792-4370
3205 South Washington Street
GRAND FORKS, ND
Services
Mortgage Brokers

Mortgage

Q: I am told that home owning is the single best investment a person can make. I would like to get started but am afraid that I will not be able to handle the mortgage payments on my own. Are there any tools out there that can help me calculate a budget that I will be able to afford, given my current salary?

 

There are many tools available to help you calculate what you can afford to spend on an apartment. Many mortgage calculation tools are readily available online. A good one, which automatically calculates how much you can afford, is available online at www.eloan.com : Home Affordability Calculator.

However, as a cautionary note, I always recommend buyers speak to a mortgage professional first rather than trust what is found online. You can always contact state and local boards of Realtors for lists of mortgage brokers in your area or ask your own real estate agent or friends for references.

Just recently I had a first-time buyer that was convinced she could only spend a certain amount per month. She had done much research online and was certain about her budget forecasting. I then had her meet with a mortgage broker and it's a good thing she did. As it turns out she was completely wrong and we were able to find her a different caliber of apartment for her.

Either way, if you do not have enough saved for a down payment, create a separate savings account and come up with a savings schedule. Only borrow what you can afford!!!

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