Welcome to Your Homebuying Hub! Where Dreams Come Home!

We are dedicated to serving everyone in their homeownership journey, from first-time homebuyers to recurring homeowners seeking assistance. With tailored mortgage solutions and exceptional service, we make your dreams a reality. Explore our website for valuable resources, competitive rates, and a seamless application process. Let us be your trusted partner in achieving your homeownership goals. Welcome to a brighter future, welcome to Your Homebuying Hub.


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Looking to buy a home? A mortgage pre-approval letter will let you know how much you can afford and reassure sellers that you can close the deal. Reach out, and lets get started on yours. Norcom Mortgage is an Equal Housing Lender.
Are You a Small Financial Institution or Credit Union? 

Exciting news! As a preferred lender with Freddie Mac, I am thrilled to share an exclusive opportunity with you. Discover how you can enhance your mortgage offerings, serve your members better, and boost revenue. Check out the flyer for more details and feel free to reach out to me to learn more. Lets explore this exciting opportunity together

!#CreditUnions #FinancialInstitutions #FreddieMac #MortgageOpportunities #Collaboration #yourmortgagegirl
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Saturday, March 2nd, 2024
Toyota Oakdale Theatre at 7:30PM
*If interested, please let me know.
I have 2 Complimentary tickets to The Simon & Garfunkel Story
Sunday, March 3rd, 2024
Toyota Oakdale Theatre at 7:00PM
If you would like the tickets, please let me know.

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Congratulations! George Alberto is a long time friend of ours! Good luck in all your ventures together.

Happy Valentines Day! Today is the perfect day to tell you how much we love working with people like you! Wishing you an awesome day filled with love and happiness!
What is Your Debt to Income Ratio?

One of the first things lenders look at when you apply for a mortgage is your debt-to-income ratio (DTI). This calculation compares your monthly debt to your monthly gross income.

How to Calculate Your DTI
Start by adding up your monthly debt, including: 
* Credit card debt (Use the minimum payment due, even if you pay more.)
* Any type of personal loan, such as car payment, student loan, personal or investment property.
* Housing as either your rent or mortgage payment. Your mortgage payment calculation should include interest, property taxes, mortgage insurance and homeowner association fees.
* Alimony or child support.

Next, divide your total monthly debt by your monthly gross income (that is, your income before taxes). Then, multiply by 100 to get a percentage.
Norcom Mortgage will allow for:
*up to 50% DTI for conventional financing
* up to 55% DTI for FHA financing

Call us if you would like a detailed explanation how we calculate DTI when getting a mortgage or to get preapproved. 203-526-9345 or audra.santos@norcom-usa.com.
Thinking about buying a home for the long haul? Its a smart move!

Did you know that most people stay in their homes for at least 10 years? Since 1942, if you held onto your home for a decade, youd have only faced a loss in 2006. In every other scenario, youd have seen substantial wealth growth – just check out the chart to see the potential gains for every $100k your home was worth.

In contrast to 2006, todays housing market offers a starkly different picture. Over the long term, housing has consistently proven to be one of the best investments.

Ready to invest in your future? Contact our office today to learn more about homeownership at 203-526-9345 or audra.santos@norcom-usa.com.
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