Applying for a Loan
An introduction to mortgage. Here’s some basics about mortgages: what they are, how they work. … Read more here.
Lender’s limits. Here’s a simple formula for estimating the maxiumum amount a lender will allow you to borrow. … Read more here.
Should you stretch it? It pays to be honest. … Read more here.
Calculate your monthly housing expense
Mortgage Calculator. Use this form to calculate your payments … Read more here.
Property tax estimate. Here’s a quick estimate of what you might pay each month. … Read more here.
Homeowners insurance. Here’s a quick estimate of what you might pay each month. … Read more here.
Maintenance and other costs. Expect to spend about 1% of the purchase price of your home. … Read more here.
Minus your tax savings. Owning a home allows you to deduct part of the expenses on your tax form. … Read more here.
Reverse
Reverse Mortgages There are many myths about reverse mortgages that keep senior citizens from using them. … Read more here.
Veterans
Oregon Veterans There are differences betweenOregon’s home loan program for veterans and conventional loan programs. … Read more here.
