Mortgage Brokers Sioux Falls SD

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 Sioux Falls, SD listed below.

First Dakota National Bank
(605) 333-8200
101 N Main Ave Ste 101
Sioux Falls, SD
 
First American Bank Trust
(605) 978-9314
133 S Main Ave
Sioux Falls, SD
 
Sioux Falls Federal Credit Union
(605) 334-2471
700 East 14Th Street
Sioux Falls, SD
 
First National Bank
(605) 782-5710
100 S Phillips Ave
Sioux Falls, SD
 
Cortrust Mortgage Inc
(605) 331-4092
2101 S Minnesota Avenue
Sioux Falls, SD
 
Wells Fargo Bank Na
(605) 575-8769
101 N Phillips Ave
Sioux Falls, SD
 
Dacotah Bank
(605) 331-4000
300 S Phillips Ave Suite 100
Sioux Falls, SD
 
Great Western Bank
(605) 334-2548
200 E 10Th St Ste 100
Sioux Falls, SD
 
First Premier Bank
(605) 357-3043
1808 S Cliff Avenue
Sioux Falls, SD
 
First Magnus Financial Corp
(605) 361-2737
3508 S Minnesota Ave Ste 100
Sioux Falls, SD
 

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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