Chances are that you have already fallen in love with Port Richey, Florida if you are thinking about making a move to the area. Don’t make the mistake of falling in love with a new home before you visit a mortgage lender to make sure that the house is within your budget. It may seem backwards to secure lending before seeking out a house, but it is actually the best way to go.

Before you visit a Port Richey mortgage lender, the first step is to sit down and figure out just how much you can afford to pay for your housing costs. The general rule of thumb is to keep your total housing expenses, including mortgage, insurance, and taxes, below twenty-eight percent of your gross monthly household income. When you visit the mortgage lender, he or she will advise you of any exceptions to this rule, including any FHA or VA loans that fit your needs.

Your Port Richey mortgage lender will also educate you on the differences between fixed-rate and adjustable-rate mortgages, which make up any of the hundreds of loan packages that will be offered. He or she will be able to help you choose the right package for your needs, whatever the loan type may be.

Your real estate agent should be able to lead you in the right direction, as he or she will have dealt with many of the mortgage lenders in Port Richey and the surrounding area, so don’t be afraid to approach your agent for advice. You can also check out some of the more popular lenders, such as A-AAA Mortgage Loans & Investments, 1st Continental Mortgage, Trinity Mortgage Lenders, Genesis Mortgage Services, Inc., Mortgage Masters, Mortgage One Finance Corporation, Advisor’s Mortgage Group, and Sloan Mortgage Group.