Mortgage Information

It is important to apply for a loan and obtain approval before you look at properties.

This will insure that you:

  • Look at homes in the right price range
  • Your offer will be more appealing to the seller
  • You will have more negotiating power
  • You are comfortable with your future monthly payment
  • You have the option of closing more quickly

There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research to ensure you get the mortgage that best meets your needs at the best price.

Below is an excellent mortgage consultant we highly recommend for her professionalism and competence. We are confident she will do an excellent job for you and offer you a very competitive mortgage program but feel free to meet with several lenders to compare their products.

  

Kathy Bornhorst, Fifth Third Bank

Mortgage Loan Officer

Office:614-442-3156

Cell: 614-565-6256

Email: kathleen.bornhorst@53.com

The mortgage calculators below can assist you in making some decisions around financing your new home.

Mortgage Qualification Calculator

This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.

Mortgage Payment Calculator & Amortization Table

This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.