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MORTGAGE INFORMATION
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Cash is Great! But, if you're like most buyers you'll probably need some form of financing.
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 and shop around to ensure you get the mortgage that best meets your needs at the best price.
One suggestion when purchasing resort property, use a local lender and a local appraiser. Local lenders and local appraisers understand the unique resort market. There are many qualified local lenders and appraisers who specialize in financing Summit County resort purchases. Don't waste time and money and possibly jeopardize your resort purchase by using the wrong lender.
I'll be happy to refer you to some very good mortgage contacts or assist in any other way I can to ensure you secure the best possible rate for your property purchase. |
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Use the mortgage calculators below to assist you in making some decisions around financing your new home.
 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.
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.
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