Financing Options

We know that financing is one of the most important steps in obtaining real estate and have supplied a list of both recommended Lenders and some of the programs and terms that they offer. You can determine your own monthly payment by using our mortgage calculator. You can also visit the Mortgage glossary to learn commonly used terms.

Calculate your mortgage payment.

Bank Rates

See Below for the Following Sections:
1. Loan Programs
2. Glossary of Mortgage Terms
3. Taking the first step for financing.
4. Recommended Lenders

Loan Programs

FHA loan program

Rural Development Guarantee Program

New Hampshire Housing Finance Authority

Investor Rehab or 203K Rehab Loan

Conventional loans

Adjustable Rate Loans

Construction loans

Land Loans

Mortgage Glossary

15, 30, & 40 Year Loans (3)
All Cash (1)
Alternative Loans (1)
Appraisals & Market Value (1)
Assumable Loans (3)
Bankruptcies & Foreclosures (6)
Credit (10)
Easy-Qualifier Loans (2)
Fannie Mae (5)
Federal Housing Administration (11)
Fixer-Upper Loans (1)
Interest Rates (13)
Lease Options (3)
Lock-Ins (4)
Low Cost Loans (2)
Low Down Loans (13)
Mortgage Credit Certificates (3)
Negative Amortization (3)
No Money Down (3)
Parent Gifts & Loans (2)
Prepayment (2)
Prequalifying and Preapproval (4)
Private Mortgage Insurance (4)
Refinancing (3)
Reversed Annuity Mortgages (1)
Seller Financing (3)
State Programs (1)
Veterans Administration (9)
Whom to Contact - Government Loan Programs (6)
Whom to Contact - Home Loan Options (7)
Whom to Contact - Other Mortgage Considerations (8)
Whom to Contact - Qualifying (7)

Take The First Step, Make the Call.

Did you know finding out what you can afford is only a phone call away? Most loan officers can be reached by cell phone and the following is what they will ask for:

Over the phone you must tell the originator your name and address, social security number of each applicant.
Name, address and phone number of your current land lord or mortgage company.
Your income; gross monthly income. Any additional income such as over time, child support, dividends, social security, alimony, interest income or retirement.
Current Employment, company address, phone number and employment from the past 2 years.
Your Assets, savings or checking accounts, bank name and approximate balances.
Source of down payment and closing costs.
Additional assets such as stocks, bonds, mutual funds, money markets etc.
Liabilities, credit cards and balances or an installment loans.
Additional properties, investments or second homes.
Payments such as child support or alimony if applicable.

After discussing your qualifications and finances you may choose to make an appointment to meet the loan officer and supply documents that will verify what you have stated. You will want to ask what they offer for programs that would best suit your needs and what their closing costs and rates are. Not all lenders can supply the same programs and prior to them running your credit you should ask them based on your income and debt what type of program they think will work for you. You are not obligated to use the loan officer even if they preapproved you, however if they have responded professionally and are competitive it may be best to follow up with an appointment. They should supply you with a Good Faith Estimate which breaks down your costs and projected terms and payments.

The following documents must be presented upon application:

Your two most recent pay stubs
Bank statements for the last two months
W-2s for the last two years
Federal tax returns for the last two years
All long term debt, i.e. credit cards, loans, installment loans, child support.

We have worked with the following local lenders below and have known them to be professional and thorough.
Call to get your preapproval decision and determine your true purchase price.