What's My Payment?
A General rule of thumb for a Monthly Payment today is $6.00 per Thousand for a 30 year
fixed mortgage. There are numerous forms of financing available, Lenders are competing for
Good Loans. New Creative forms of Mortgages are hitting the market daily.
Stick with local Lenders, especially if you have an account with them
Best, Economical loans are available with 20% Down, anything less puts you in a different
category with a Higher Payment & Higher Closing cost. Do not pass up a home today in an
attempt to save up a larger Down Payment. You can't save faster then the market will rise.
Buy now & refi later as it goes up in value, soon you will qualify for 20% ratio via inflation.
SIR can analyze your situation and recommend the best avenue for you to pursue.