Buying homes for sale in Indiana

The Indiana Mortgage Guy Ken Blaudow (NMLS# 132335) Phone: 317-570-6300 | Fax: 317-570-6629 Indy Mortgage (NMLS# 116854) | 8103 Knollview Ct, Indianapolis, Indiana 46256 Buying homes for sale in Indiana You should be well aware of what you need to do before... More

The Indiana Mortgage Guy Ken Blaudow (NMLS# 132335) Phone: 317-570-6300 | Fax: 317-570-6629 Indy Mortgage (NMLS# 116854) | 8103 Knollview Ct, Indianapolis, Indiana 46256 Buying homes for sale in Indiana You should be well aware of what you need to do before applying, the things you have to watch out for during the process, and how to best use the mortgage after buying the home. Your Credit is Crucial: A mortgage is no trivial matter - banks risk a lot of money with mortgages and they have become much more cautious about lending after the subprime mortgage crisis. Good credit, therefore, is generally needed in order to qualify for a mortgage. How Much Home Can You Afford? The foremost thing that mortgage lenders want to ensure is that you don t borrow too much. In particular, they look at the size of your mortgage payments relative to your total income, thus judging your ability to pay. You should also carry out your own calculations to get a good sense of what you can afford. Fir Less