Let Us Help You Buy Your New Home!
Purchasing a home is a very exciting time, and being well
prepared will help you make better decisions. Take this
opportunity to learn more about home buying and the mortgage
process. Below and throughout this site you will find
information that will help you with the purchase of your new home.
Am I ready to buy?
Buying a home offers many advantages, one of the most
significant being that it allows you to build equity (ownership)
when you pay your mortgage each month. A common myth is that
monthly mortgage payments are more expensive than rent. But,
in many cases, mortgage payments can be even less than rent.
When considering home ownership for the first time, you need
to decide whether buying makes financial and practical sense
for you right now or if you are better off renting. Consider
both the advantages and disadvantages to renting as well as
buying, and weigh the pros and cons for your situation.
How much house can I afford?
The first step toward finding the right home is to
quickly compute your purchasing power and determine how
much you can afford to pay each month. This saves you
time by allowing you to focus on homes in your price range.
In addition, in the planning stage, you should consider both the up-front and ongoing costs associated with purchasing a home.
Some up-front costs include:
Down payment: Typically ranges from 3-30% of
the cost of the house. The more you can put down, the
greater equity you will have in your home and the lower
your monthly payment will be. For down payments less than
20% you may also need to pay mortgage insurance.
Closing Costs: Typically range from 2-6% of the loan amount depending on your area.
On-going Costs: Your housing costs can include the following:
Monthly mortgage payment
If applicable - Flood Insurance
If applicable - Property taxes
Free Rate Quote!
Get free rate quote and closing cost analysis. Use our 3 Step form to get started!
Our Happy Clients
"Todd Fogelsonger was recommended to me by a friend that had worked with him in the past. He moved the process along efficiently and we closed right on schedule. He made the whole refi seem extremly effortless and was really easy to work with."
"Nicole has been an "industry inside professional" I can count on ever since I met her, which was actually several years before we actually finally did business together. She takes common-sense client cases (which inevitably cross against stagnant underwriting restrictions) and drives them in through the corporate quagmire to help me ULTIMATELY win the best results for the end client; the people who REALLY MATTER!"
"Todd, made the mystery of loan origination unfold for my husband and me to a successful conclusion, and we are grateful to him for his professional knowledge of the market, the paperwork and to shepherd us through the process. I recommend Todd to everyone seeking a loan!"
"Nicole is a true professional in the mortgage industry. Having Nicole on your team is a real asset!"
"We had a challenging refi situation and Todd was AWESOME to work with. He was incredibly responsive to all requests, answered all questions fully, provided transparency throughout the process, and did exactly what was promised. I would not hesitate to recommend Todd to anyone looking for real estate financial services."
"I have seen or heard of Nicole for many years but not until recently have I had the pleasure to work with her. Nicole has used super hero powers and employed the host of loan angels she works with to get a purchase loan closed in under 30 days!"
We had some unusual situations with buying out a shareholder with a life estate in the house & then turning it into a rental before we would be able to occupy it. Lots of twists. Todd seemed to be always available by text email or phone & made the difference between what on the surface seemed easy but turned complicated.
"Having known Nicole for several years both personally and professionally, she is a dedicated and loyal friend as well as contributor to the success of our association and our industry."
Todd is a great communicator and on top of all the details. I have never purchased a home before and he walked me through all the steps so I could understand the process. He was available by email, phone and texting. Highly recommend him.
"Nicole was always friendly and prompt in returning calls or e mails and looks forward to working with her once again. Very nice person."
Working with Todd to close on our mortgage was an absolute pleasure! He was extremely responsive and continued to keep us updated every step of the way. As I was a first time buyer I had a number of questions and Todd was very patient in explaining every step and continuously kept us updated throughout the whole process.
"There are so few professionals in her field that provide the the level of service and advice. Her hard work and dedication are greatly appreciated. Which is why she continues to earn our business. Nicole would be a great choice to work with. You will not be disappointed."
Because of his professionalism and integrity, I would contact Todd again if I had another need for a real estate loan. I trust and respect Todd; I highly recommend him for any mortgage needs. Todd was very knowledgeable and stepped up to the challenges of obtaining a loan and see this purchase come to a successful completion, which had its share of difficulties. Todd was always encouraging and kept in constant contact with me as the process progressed. I am more than grateful for the experience of working with Todd.
We heard about Todd through a friend, and he enlightened us about options we never knew were possible. We had the longest ordeal of a refi that I've ever been through, which included 2 subordinate loans and a low disappointing appraisal. Todd kept us up on all the phases of the project, always responding even when there was no news except for waiting. The process would have been very frustrating without Todd's patience and thorough follow through. We have worked with several brokers and refis over the years, and followup communication is more important to us than the news it brings. Todd excelled at this, and I will highly recommend him to anyone.
Todd is definitely the guy you want on your team when navigating current mortgage markets. He helped us buy our first home many years ago and recently completed a refi. He is deeply knowledgeable, dependable and always available for questions. But what we really like best about Todd is that he is someone we trust and always feel that he has our best interests in mind. We highly recommend him!
Great customer service. Very fast response with questions, answers, and providing documents. I worked with Todd on two purchases, both done with great care and concern about my end of the deal. During one of the purchases, new regulations for real estate transactions required a whole new set of rules. Todd was right on top of it again with great service.