Now that you have found your dream home, you have to pay for it. You must find a loan program that fits your needs. The major question you need to ask yourself is, "how long will I remain in the house?" Your response will guide you in selecting loan programs, loan terms, loan fees and in making the decision to lock or float your loan.
Equity Funding Group analytical tools allow you to answer payment and borrowing amount questions based on your loan profile.
You can find the answer to How Much Can I Borrow by selecting that button on the keypad to determine how much house you can qualify for. Check the Today's Best Rates section for a quick rate update and for specific information on some of our loan programs . The Purchase Rate Quotes will give you specific payment information based on your loan profile. Break Even helps you select a note rate by showing you how many months it will take to recover the points you pay versus the highest note rate for any program. If you plan to stay in your home for less than the time it takes to break even, you may consider a higher note rate. Use the Calculate Payoff to create your own loan payment or a desired term. You can input discount points and fixed closing costs in the loan analyzer to see how your loan term or payment is affected. Prequalify for Free to begin the application process or to receive specific payment information based on your loan and fee profile. |
