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Financing in College Station : Real Estate Advice

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Activity 2
Sat Jan 10, 2015
Alex asked:
I want to take a mortgage to buy a studio or condo for myself to live. I am here on F1 visa with a monthly credit line of 2600. I have high account balance and owned real estate and have…
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Mon May 14, 2012
Don Groff answered:
That depends on the type of loan. Some loans you can choose to escrow or not to escrow and some loans you are required to escrow due to the type or loan value.

You want to break them down separately into your Principal and Interest payment and then your Taxes and Insurance. For a condo you have the monthly maintenance/association fees as well.

Don Groff
REALTOR® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
o 512.669.5599 m 512.633.4157 |
... more
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