There are so many factors to take into account when determining what are the best mortgage options for you.
The most important part is actually in how a mortgage is structured for loan program, options, and rate to get you that optimal scenario. Most borrowers are not aware of this and it can make a BIG difference. Done incorrectly it can complicate things for you or worse, make it so in the final hour your ratios are off and you can’t close. The wrong loan structure can put you in a bad situation. Use these calculators to get an idea and consult a mortgage professional (like us, or just use our services) for numbers you can trust.