Mortgage Information
A vital first step to finding your dream home is figuring out how you’re going to pay for it. There’s no one more qualified to help you navigate through the whole financing process than a local mortgage professional.
What’s the difference between a Mortgage Broker and a Mortgage Banker?
A Mortgage Broker searches through the offerings of several different mortgage companies to find
financing options. The Broker isn’t tied to any specific bank or lending institution, so there is more
flexibility when it comes to mortgage options. They will do all the “shopping” for you. Keep in mind that you may be charged an additional fee for using a Mortgage Broker. Be sure to ask!
A Mortgage Banker works for a specific bank or lending institution. They work with you to create an entire banking relationship. This is a good option if you already have a strong lending/banking relationship with your local bank or credit union.
Estimate Your Monthly Payments
A house is the largest purchase most of us will ever make so it’s important to calculate what your mortgage payment will be and how much you can afford.
Simply enter the price of the home, use a zero if the down payment is unknown, override the mortgage terms if other than 30, and enter the interest rate; the calculator will do the rest. Keep in mind that the calculator does not consider additional fees (Property taxes, home insurance, etc.).
*This tool is used as a base-line estimate. For a more accurate estimate, consult your mortgage professional.
✉ Address
Vincent Associates Real Estate. LLC.
706 East Avenue Rochester, NY 14607
☎ Office Phone 585.381.0540
✉ contactus@vincent-associates.com
Guiding you every step of the way.
We're dedicated to helping you learn all you can about real estate, about owning a home, and most of all, about buying and selling smart.
