Need financing options on a home or other real estate? Choosing a purchase loan product that matches your goals and making sure you get the best rate for your given scenario can feel like playing whack-a-mole. Riverside Mortgage is here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with a FREE pre-approval request.
We'll help you see the differences between loan programs, allowing you to choose the right one for you, whether you're a first-time homebuyer or a seasoned investor.
Here's how our home purchase loan process works:
To qualify for a mortgage, lenders typically require that you have a debt-to-income ratio of "28/36." This means that no more than 28% of your total monthly income (from all sources, before taxes) can go toward housing, and no more than 36% of your monthly income can go toward your total monthly debt (including your mortgage payment).
Call our team now at 812-989-7202 to get purchase options for your home.
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