Kentuckiana Sunrise Mortgage - Call today to discuss your mortgage options!

3830 Taylorsville Rd
Louisville, KY 40220
Phone: (502) 459-3313
Fax: (502) 459-3130
kentuckianasunrise@hotmail.com

Home Buying Tips

The following tips can help you better your chances of purchasing the home of your dreams!

Call Kentuckiana Sunrise Mortgage today for mortgage pre-approval. Get pre-approved for the purchase

Call Kentuckiana Sunrise Mortgage today for mortgage pre-approval. This takes very little time and is of great value. Kentuckiana Sunrise Mortgage can help you identify the price range for which you qualify.

Submit a strong competitive offer

Submit the offer as if there will be multiple offers for the property.

Include substantial earnest money deposit

Acceptance of an offer is sometimes determined by the amount of the deposit. A larger amount may signify a bigger commitment to the seller.

Minimize or eliminate contingencies

The fewer contingencies, the stronger the offer.

Make a buyer profile available

Time on the job, flexibility, reason for purchasing seller's home, etc.

Be prepared to preview a new property quickly

Sometimes homes sell in mere hours. Be prepared to make decisions quickly and be accessible to change the terms instantly.

Buyer and agent should have instant communication access

Maintain instant access to each other via office phone, voice mail, fax, pager or cellular phone.

How Much Home Can I Afford?
To use this worksheet, enter requested information into boxes highlighted in gold. The rest of the worksheet will be calculated automatically. Results are approximate; please consult your mortgage professional for a more accurate result. The financial information you enter on this worksheet will not be retained, transmitted or used in any way.
Enter annual gross income: 
for self and any co-borrowers
 
*
Enter total monthly debt payment not 
including mortgage, rent, or utilities 

(credit cards, car payment, 
child support, alimony, etc.) 
*
Enter monthly estimate of homeowner association dues 
(condominiums only) 
*
Enter desired mortgage interest rate 
*
Enter total cash available for 
home purchase 
*
Gross monthly income 
 
Maximum mortgage payment 
(Gross monthly income x .28) 
 
Maximum debt load 
(Gross monthly income x .38) 
 
Maximum monthly mortgage payment 
(Maximum debt load - monthly debts) 
 
Your maximum monthly mortgage payment 
 
Estimated maximum monthly mortgage payment 
 
Estimated maximum loan amount 
 
Estimated Maximum 
Home Purchase Price