Applying for a Loan

• An introduction to mortgage. Here's some basics about mortgages: what they are, how they work. ...more

• Lender's limits. Here's a simple formula for estimating the maxiumum amount a lender will allow you to borrow. ...more

• Should you stretch it? It pays to be honest. ...more

1. Mortgage Calculator. Use this form to calculate your payments ...more

2. Property tax estimate. Here's a quick estimate of what you might pay each month. ...more

3. Homeowners insurance. Here's a quick estimate of what you might pay each month. ...more

4. Maintenance and other costs. Expect to spend about 1% of the purchase price of your home. ...more

5. Minus your tax savings. Owning a home allows you to deduct part of the expenses on your tax form. ...more

• Reverse Mortgages There are many myths about reverse mortgages that keep senior citizens from using them. ...more

• Oregon Veterans There are differences between Oregon's home loan program for veterans and conventional loan progams. ...more

Bev Neal, Principal Broker, CRB
bev.neal@century21.com