Home Loan Education, Mortgage Tips & Loan Preparation

We provide the essential home loan tools, mortgage tips & resources, home loan articles and a home loan calculator section to help you determine the best home loan or mortgage refinance for your specific situation. Home loan education is critical for a successful financial future.  Nearly everyone will own a home at some point, and nearly every home owner will need a home loan or other type of mortgage financing to be able to buy a home.

It’s important to educate yourself before you get your online home loan rate quote, because home loan rates are quoted with an expiration date and time as interest rates will fluctuate (an online home loan rate quote is typically good for 24 to 48 hours).

Check out some of our home loan tools and mortgage resources here:

Home Loan Calculator Section – Calculate your home loan with our home loan calculator section

• Fixed Rate Home Loan Calculator – Calculate your fixed rate home loan
• Adjustable Rate Home Loan Calculator – Calculate your adjustable rate home loan
• Balloon Mortgage Loan Calculator – Calculate your balloon mortgage loan
• Rent or Buy a Home Calculator – Calculate whether you should rent or buy a home
• Best Home Loan Calculator – Calculate which home loan is best for your situation
• Increasing Payment Calculator – Calculate your mortgage payoff with increasing loan payments
• Home Loan Refinance Calculator – Calculate whether you should refinance your home loan
• Mortgage Qualifier Calculator – Calculate how much mortgage you can qualify for
• Loan Consolidation Calculator – Calculate whether consolidating loans is wise financial decision
• Home Affordability Calculator – Calculate how much home loan you can afford

Loan Selection Chart – Helps you select the best home loan or mortgage financing

The Home Loan Process -  Learn about the home loan process, from education to loan quote to loan close

• Home Loan Education – Loan advice, tools and mortgage tips to help you find the best home loan
• Home Loan Preparation – Prepare the appropriate information to get an online home loan rate quote
• Shop Home Loans – Learn how to shop home loans and get an online home loan rate quote
• Loan Advisor Selection – How to choose the right home loan advisor and home loan for your situation
• Home Loan Closing – Learn about closing your home loan

Types of Loans – Learn about the types of home loan and mortgage financing options available

• Conforming vs. Non-Conforming Home Loan – Non-conforming and conforming home loan information
• Fixed Rate Mortgage Loan – Fixed rate home loan information
• Interest Only Mortgage Loans – Interest only mortgage loan information, benefits and risks
• Adjustable Rate Mortgage Loans – Adjustable rate home loans (ARM - Adjustable Rate Mortgage)
• Balloon Mortgage Loan – Balloon mortgage loan information and suitability guidelines
• FHA & VA Loan – Government sponsored FHA and VA home loan program information
• Construction Loan – Construction loan basics
• Lot & Property Loan – Lot, raw land and other property loan information
• Marginal Credit Home Loan – Good credit, bad credit, and marginal credit home loan information
• Second Home Loan – Second mortgage loan and home equity line of credit information
• Investment Property Loan – Investment property loan information

Credit Report –Credit report and credit score information and how it affects your online home loan rate quote

Home Loan Advisor Compensation – Loan broker and mortgage lender compensation information

Home Loan Blog Articles – Various reports & insight into the home loan industry

Home Loan Glossary – Glossary of home loan, financial and mortgage industry terms

Home Loan Costs & Fees – Listing of different types of fees and costs to expect in the home loan process

Home Loan Advisors – Types of home loan brokers & mortgage consultants and how they work with you

Once you’ve educated yourself you'll need to prepare the necessary information to get an online home loan rate quote.  You’ll need to gather & organize the following:

• Credit score estimate(s)
• Annual gross income estimate
• Total debt estimate
• Monthly debt payments estimate
• Your citizenship
• Purpose of the home loan (refinance, new purchase, etc.)
• The type of home loan (30 year fixed, 5/1 ARM, etc.)
• Type of amortization (interest only or fully amortized)
• Loan amount requested
• Down payment intended (if any)
• Points you’re willing to pay (if any)
• Maximum out of pocket expenses you’ll pay (if any)
• How you’ll pay the fees (roll into loan or pay out of pocket)
• Property address (street number and contact information is private)
• Approximate value of home (use www.zillow.com for an estimate)
• Type of property (single family, townhome, etc.)
• Property use (primary residence, second home, etc.)

Once that information is organized, it’s time to get home loan rate quotes online!