Purchasing a home is a very exciting time, and being well prepared will help you make better decisions. 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.

Use Statewide Realtor & Pay Zero Closing Costs

As part of doing business with Statewide Realty & Mortgage, we will provide a loan for FREE. You will not pay any loan points, loan origination, processing or underwriting fee. You will just pay a few prepaid items like appraisal ($500), home inspection ($300), roof inspection, termite inspection ($99), HOA fees, property taxes, solar transfer fee, home insurance & daily interest. Visit https://www.zeroclosingloan.com/rates.php and free loan estimate with Realtor and lender credit.

We will credit you for owner title policy, lender title policy, escrow / settlement fee, transfer tax, loan tie-in fee, notary fee, recording fee, underwriting fee and processing fee. Pick any loan program and check “Details.” At present we are serving real estate in following counties: Sacramento, Placer, San Joaquin, El Dorado, Yolo, Solano & Sutter

Purchase Solutions Right For You!

Whether you're buying your first home or you're an experienced buyer, we have a home lending solution just for you.
Get a No-Obligation Rate and Closing Cost Analysis! Choose your option and see rates upon completion.
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How much house you can 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, homeowners insurance, mortgage insurance, flood insurance (if applicable), property taxes (if applicable), utilities, maintenance.