A sophisticated mortgage calculator, which includes cost and benefits analyses.

Deciding how much house you can afford is a personal decision, and many factors come into play.

Many buyers look at their cash on hand as their only source for their down payment, but this simply is not the case.

When determining what size monthly payment you can afford, you'll want to consider what other monthly expenses you have, both tangible and intangible.

This is a question you'll want to get answered before you begin your home search. Use our mortgage calculators to see how your down payment, monthly payment and amount borrowed are interrelated.

Credit scores consider the information contained in your credit profile. They do not consider your income, savings, down payment amount or demographic factors.

You'll see an interest rate and an Annual Percentage Rate (A.P.R.) for each mortgage loan you see advertised. Federal law requires the lender to tell you both.

There are four main steps involved in getting a loan. You'll see that we've made your part in them as easy as possible, and we do all the work! That's what we're here for.

A critical step in the mortgage loan application process is to verify the sources for your down payment, closing costs and assets, as well as documenting income and debts. The lender uses this step to determine your qualifications

In many cases, lenders need a professional, independent appraisal of the property you want to buy or refinance to ensure that it is worth at least as much as they are being asked to lend on it.

Here is a general list of the documentation you will need when applying for a loan.

When you own a home, your home mortgage interest and real estate taxes paid can be deducted from your federal income tax. To do so, you’ll need to comply with current tax laws and complete the appropriate forms.