Mortgage Center

The Mortgage Center is designed to help you:

3/21/2008 - The links to the mortgage center are temporarily unavailable, but you may visit the mortgage site directly at www.YourWayLoan.com

#1 Choose the right loan program:
If you are already familiar with the different loan programs available, you may want to skip this section. If, however, you do not know the difference between a 5/1 combo ARM and a 30-year fixed rate mortgage we'll help you decide which program is best for you.

#2 Understand rates and points:
If your idea of the best rate is the "lowest rate" then read through this section before using the Rate Quote Wizard. We will help you understand the relationship between closing costs and rates, and how this impacts your decision (hint: the lower the rate the more you will pay in closing costs).

#3 Get an idea of your purchasing power:
If you are just starting to look at homes and want an idea of how much you can qualify for, you should start with the Purchase Power Wizard. By inputting your available cash, income and debts the wizard will show you an approximate purchase price and loan amount range for a variety of loan programs. From here you can continue on to the Rate Quote Wizard and the complete Pre-qualification Wizard.

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