Financing Overview.pdfClick to upload/download this informative PDF which will help you better understand the types of financing available and the options that might best suit your needs.
Ginnie Mae's goal is to help you better understand the homebuying process. Here you can calculate how much you can afford to spend on a home, calculate whether you should rent or buy, and you can get an estimate of FHA, VA and Conventional loan amounts, monthly payments, down payment, and closing costs for a home of a particular sale price. Find out why government guaranteed loans are a sure bet.
You can save yourself a lot of wheel-spinning if you take a minute to figure out how much mortgage you can afford. Generally, a lender will want your monthly mortgage payment to total no more than 29% of your monthly gross income (that's your monthly income before taxes and other paycheck deductions are taken out.) You also need to consider current loan interest rates. The lower the interest rate, the more expensive the home you'll be able to afford. Visit the U.S. Department of Housing and Urban Development to learn more about protecting your rights!
Brian McGuinness
Franklin American Mortage
Business (615) 778-1031
Direct (615) 491-4844
Fax (615) 778-2810
E-mail
Web
"Honesty, integrity, knowledge and hard work are the cornerstones to providing superior customer service. Franklin American Mortgage Company utilizes these qualities in every aspect of business. Because our marketing strategy is built on referrals, we guarantee to make your mortgage experience a great one!"
Taylor K. Hill
Best Home Loans
Business (615) 371-0110
Direct (615) 243-7590
Fax (615) 371-0120
E-mail
Web
"Taylor Hill has an extensive background in finance and knows how important the purchase of a home is to your overall financial picture. If you have questions, Taylor takes the time to answer any and all questions you have in regard to your mortgage. He is great at answering his phone and/or returning his phone calls and emails by the end of each day.
Gateway Funding Mortgage is dedicated to its customers by providing programs and staff that specialize in urban lending, including first time homeowners, to condos, to redeveloped inner city properties. Because Gateway has such a presence along the East Coast, they also excel in bond programs such as the THDA program in Tennessee, jumbo properties and renovations.''
Billy Hamburg
Farminton Financial
Business (615) 690-5100
Direct (615) 305-4065
Fax (615) 690-5105
E-mail
Web
"I represent my company by working with home buyers, builders, and real estate professionals to provide information on a variety of home financing options. As a Farmington Financial customer, you can count on fast, reliable top-tier service from your first contact through your final loan payment. I look forward to serving you."
Alene Gynp
SunTrust
Business (615) 321-8561
Direct (615) 582-2334
Fax (615) 321-3497
E-mail
Web
"Alene has a special talent with first-time buyers and MHDA Affordabillity Condos"
