Mortgage Financing Basics – Part III
In part III, we estimate maximum buyer purchase price with Private Mortgage Insurance (PMI) included and determine how it affects your buyer’s max qualification.
Mortgage basics for real estate agents to understand how lenders pre-qualify their home buyers for their mortgage financing.
Mortgage Financing Basics – Part II
In part II, we'll demonstrate how lenders pre-qualify your home buyers and how you can determine your buyer's maximum purchase price depending on their down payment and loan type.
Mortgage Financing Basics – Part I
This article lays the foundation for the remaining Mortgage Financing Basics articles by explaining the basics of the debt-to-income ratio and calculating the maximum housing payment for your buyers.