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Open House Alert--- 807 Schooner Boulevard

Beautiful Creekside Landing Living! With 5 Bedrooms and 2 1/2 Baths and over 4,000 Square Feet you will love how large this home lives. Gorgeous wood cabinets with stainless steel appliances in the kitchen flow effortlessly into the open living spaces! Enjoy coffee in the sunroom overlooking the newly replaced deck and generous backyard oasis. Enjoy cul-de-sac living and all the amenities living in Creekside Landing offer!
Want to see more? Stop by Saturday from 12-2 pm and enjoy some light refreshments and tour this home! 
Questions? 
Contact me at the above button!
Leigh Ann

How Much Home Can I Afford?



How Much Home Can I Afford?

Figuring out how much you can afford or what your payment will be each month is one of the most asked questions I face as a Real Estate Agent. Picking up the phone and calling a lender you don't know can be scary. Looking at mortgage loan programs available can be confusing and understanding interest rates can be trying. 

There is an easy way to get started. 

Step One: Find out what the interest rates are at the current time. You can typically do this by searching on the internet or a quick call to a local lender. Get your rates on conventional fixed rate loans.

Step Two: To obtain the clearest picture of how much home you can actually qualify for, the best idea is to contact a reputable local lender and let them analyze your entire situation. 

This lender can calculate your income-to-debt ratio, do a quick credit score and give you the information you need. Typically, lenders like to see a ratio not exceeding about 28%. 

This does not take into consideration long term monthly debt. As an example, to qualify for a loan, lenders may require ratios of 28% or 36%. This means you can spend up to 28% of your gross monthly income on a mortgage payment, and no more than 36% of your gross monthly income on all forms of debt, mortgage included.

I work with a number of loan officers and can recommend one for you. Contact me from the sidebar! 

Thanks!

Leigh Ann 

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