Mortgage Brokers Saco ME

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 Saco, ME listed below.

Saco Valley Credit Union
(207) 282-6169
312 Main Street
Saco, ME
 
Allied Home Mortgage Capital Corporation
(207) 885-5070
360 Us Route 1 Ste 300
Scarborough, ME
 
Wells Fargo Bank Na
(207) 772-4701
400 Southborough Dr
South Portland, ME
 
Downeast Mortgage Corporation
(207) 773-6161
261 Gorham Road
South Portland, ME
 
Gorham Savings Bank
(207) 839-5209
10 Wentworth Dr
Gorham, ME
 
Ocean Communities Federal Credit Union
(207) 284-5918
1 Pool Street
Biddeford, ME
 
Alpine Mortgage Corporation
(207) 775-7717
1478 Broadway
South Portland, ME
 
Residential Mortgage Svcs Inc
(207) 775-6105
24 Christopher Toppi Dr
South Portland, ME
 
First Horizon Home Loan Corporation
(207) 756-6055
21 Donald B Dean Dr
South Portland, ME
 
Maine Credit Union League
(207) 773-5671
2 Ledgeview Drive
Westbrook, ME
 

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!!!

Set as favorite Bookmark Email this Comments (0) Add Comment feedSubscribe to this comment's feed
Write comment You must be logged in to post a comment. Please register if you do not have an account yet. busy

Click here to read more from Single Edition