City: Zip Code: Price Range: 30,000 50,000 80,000 100,000 125,000 150,000 175,000 200,000 225,000 250,000 275,000 300,000 350,000 400,000 450,000 500,000 550,000 650,000 750,000 850,000 1,000,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 5,000,000 7,500,000 10,000,000    to: 30,000 50,000 80,000 100,000 125,000 150,000 175,000 200,000 225,000 250,000 275,000 300,000 350,000 400,000 450,000 500,000 550,000 650,000 750,000 850,000 1,000,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 5,000,000 7,500,000 10,000,000 Bedroom(s): 1 2 3 4 5+ Bathroom(s): 1 2 3 4+   Click for full listing

What are the questions you should ask?. What is the difference between an "A" quality loan or a SubPrime loan? "A" quality loan will usually earn the lower interest rates in the market. To earn the "A" quality standard your credit payments are on time, your employment history is stable and your assets are sufficient enough for downpayment, closing costs and reserves. A SubPrime loan is Risk Based. The higher the risk because of credit ratings, employment stability or lack of assets the higher the interest rate and fees or lower loan to value. What is an A.P.R. ? A.P.R. stands for Annual Percentage Rate. This is not the note rate or interest rate. APR is cost of the interest rate, closing costs and any points paid by the borrower over the life of the loan. Should I Float or Lock my Interest Rate and Fees? It is your decision only whether to float or lock your interest rate and fees. 1. By floating your rate and fees you are subject to market conditions and you take the chance of your rate being higher, lower or staying the same. 2. Locking your loan... a.You must inform your loan officer b. Receive a Loan Lock Agreement which shows your interest rate, points and when the lock is going to expire. If you do not close your loan by the expiration date you are not guaranteed the interest rate or fees. c. Lock in Periods (the following are the most common lock periods but there may be others offered by your mortgage company). The longer the lock periods the higher the cost: 10, 15, 30, 45 or 60 days. Usually anything longer than 60 days may require an upfront rate guarantee fee   Mortgage calculator (Click to view a mortgage calculator in another window) Mortgage Tips If you're in the market for a new home, ask yourself: How long will I be in my home? How much can I actually qualify for? How important is my monthly payment? And how much can I afford to put down in principal and avoid Private Mortgage Insurance? Most loans are based on a 10 to 20 percent down payment, but it will also depend on the type of loan you choose. Are there any closing costs associated with the offered mortgage? Ideally, you should walk away without paying any interest penalties or other fees when you sell your home and pay off your loan. If I pay my loan off early, are there any attached prepayment penalties? Will I want to refinance if the appraised value goes up over time?