Home Loan CalculatorsWith some of the lowest rates in the market, First Community helps our members save on their mortgage! We offer some of the quickest closings in the greater Houston area and save our members on home purchase closing costs too.
Your ability to obtain a loan for a new home purchase is based on a number of factors. Lenders typically make lending decisions based on three key ratios Loan-to-value, Housing Ratio, and Debt-to-Income ratio.
Time to Refinance?
The decision to refinance should be based on lowering the overall mortgage costs and breaking even on the refinance in a reasonable period of time.