Let Us Help You Buy Your New Home!
Purchasing a home is a very exciting time, and being well
prepared will help you make better decisions. Take this
opportunity to learn more about home buying and the mortgage
process. Below and throughout this site you will find
information that will help you with the purchase of your new home.
Am I ready to buy?
Buying a home offers many advantages, one of the most significant being that it allows you to build equity (ownership) when you pay your mortgage each month. A common myth is that monthly mortgage payments are more expensive than rent. But, in many cases, mortgage payments can be even less than rent. When considering home ownership for the first time, you need to decide whether buying makes financial and practical sense for you right now or if you are better off renting. Consider both the advantages and disadvantages to renting as well as buying, and weigh the pros and cons for your situation.
How much house can I afford?
The first step toward finding the right home is to
quickly compute your purchasing power and determine how
much you can afford to pay each month. This saves you
time by allowing you to focus on homes in your price range.
In addition, in the planning stage, you should consider both the up-front and ongoing costs associated with purchasing a home.
Some up-front costs include:
Down payment: Typically ranges from 3-30% of
the cost of the house. The more you can put down, the
greater equity you will have in your home and the lower
your monthly payment will be. For down payments, less than
20% you may also need to pay mortgage insurance.
Closing Costs: Typically range from 2-6% of the loan amount depending on your area.
On-going Costs: Your housing costs can include the following:
Monthly mortgage payment
If applicable - Flood Insurance
If applicable - Property taxes
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Our Happy Clients
"The process was quite simple and was mostly web-based. Mike Barili was quite responsive and kept me updated via email and phone. I am expecting to close on the refinance next week. Hamilton National kept to their expected timeline."
"I am very pleased. Paid no origination fees because I mentioned Zillow and all other fees were fair and minimal. All went quite smoothly and quickly from the first email and call to the closing. Got 3.375% when everybody else was quoting 3.75% or more. Go with a direct lender organization like Hamilton. Stay away from big bank places like Wells Fargo, Chase and Citibank. They will take advantage of you from start to finish. "
"Everything went very smoothly and easily. My settlement company said that working with Hamilton National was very good and everything was received promptly and without any problems. I would definitely refinance through Hamilton National again and I certainly will recommend Brad Norris. It was a pleasure working with him. He made everything so straight-forward and easy to accomplish. I had not refinanced using an online application before, but it was a breeze. Kris Wilkins was also a pleasure to work with. Thank you again for such a positive refinance experience."
"Refinanced through this co. four or five times over the years....I was nervous the first time because their rate is always so much lower than everywhere else....But the company is legit and I don't use anyone else now. Thanks again."
"I spoke to Brad Norris about refinancing, and he was helpful and patient walking me through my options. He was extremely responsive to email questions - answering most within a few minutes. We closed about 3 weeks after locking in our rate with no hiccups along the way. We got a great rate, and paid very little for it - would definitely recommend."
"My wife and I have our own mortgage company and have been in the business since 1980. We refinanced our second home in New Jersey with Hamilton because we are not licensed there, Recommending others to a family member, friend or client could result in a nasty situation. Our experience with Jim Noyes and others at Hamilton National has been such that we would not hesitate to refer business if we could not do a loan ourselves. We were pleasantly surprised with them. If you want to deal with professionalism, which is not too prevalant these days, do yourself a favor and call Hamilton National."
"Not only did Hamilton National have the best rates that I could find, but there were no issues throughout the process and settlement went flawlessly. I will be recommending Hamilton National to my co-workers and friends."