Home Warranty
A home warranty provides homeowners with peace of
mind that most systems and appliances are covered in
case of failure. One call to our warranty claims
center results in personalized assistance. A small
deductible is paid by the homeowner and the balance
is paid by the warranty company.
Mortgage
Payment Calculator
Use this calculator to
estimate what your monthly payments will be for a
given loan. Enter in the value of the property or
the amount your wish to borrow. You can adjust the
down payment or interest rate to calculate your
estimated payments.
Click here
Pre-qualification and Pre-approval
Getting pre-qualified helps you determine how much
home you can afford, based on a specific financial
information you share with your lender. The lender
does not verify this information, and consequently
there is no guarantee you will qualify for the loan
amount. Getting pre-approved requires that the
lender verify your financial information, and does
serve as a commitment to lend a specified amount
based on that verified information. This gives you
significant buying power with a seller who
recognizes you will be approved for a loan.
What's pre-qualification?
Pre-qualification is an informal discussion between
borrower and lender. The lender estimates the amount
that you can borrow based solely on what you tell
them about your income and assets. The lender does
no verification and is not bound to make the loan
when you're ready to buy. On the other hand, loan
pre-approval is based on documented and verified
information regarding your employment, your income,
your liabilities, your assets and the cash you have
available to close on a home purchase.
How is pre-approval better?
To a seller, a lender's pre-approval letter is
considerably stronger than a pre-qualification
letter. If a seller knows your financing is secure,
your offer is stronger. Pre-approval also gives you
peace of mind as you shop for a home, knowing that
you will qualify for the proper mortgage amount.
