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Estimate your monthly principal and interest payments for the entire length of your loan.
Estimate your monthly payments for your mortgage.
Find out how much you can save on your loan by making additional payments.
Should I refinance? Use this calculator to estimate how much a refinance will cost. Simply use the sliders or type in your loan details to see how a refinance could benefit your financial situation.
A home equity loan allows you to draw on the equity you've built in your home to receive a lump sum of funds in the form of a second mortgage.
Home equity loans can be a valuable financial tool for homeowners who need access to funds for specific pur
January 01, 0001
The Federal Home Loan Bank of Chicago’s Downpayment Plus® Program offers up to $10,000 in down payment assistance for eligible homebuyers.
When purchasing a new home, the completion of all the steps in the mortgage loan process is critical to closing your loan on time.
The tech geniuses at Waterstone Mortgage developed a loan calendar tool that allows you to create your own loan sched
Need to complete a quick project, need help financing it? Consider a Conventional Renovation loan. Improvements may include kitchen and bath updates, flooring, painting, updating electrical, etc.
program details
Improvements must be attached t
We know your dream home is out there — sometimes it just takes a little bit of TLC or imagination to bring it to life.
At Waterstone Mortgage, we have several loan programs that will allow you to build your new home from the ground up. You can
what is HomeOne®?
HomeOne®, offered by Freddie Mac, is a conventional conforming mortgage program designed to provide a low-down payment option for borrowers, with no specific income or geographic restrictions.
Looking for a getaway? (Aren’t we all?) Let us help you find your home-away-from-home with financing options to suit your unique needs and financial situation.
flexible investment property financing options
There's no doubt that investing in real estate can be a great way to build long-term assets and generate rental income. But what’s the best way to finance your investment property deals?
If you&rsq
Buying a condominium (condo) is a unique situation, because while the owner of the condo has full ownership of the interior of their unit (just like they would any other home), a condo association owns the common areas. It’s important to work w
Looking for a competitive home financing option outside of the traditional conventional or government loan programs? Our portfolio loans make it easier than ever to achieve your homeownership goals.
January 01, 0001
understanding home equity
As a homeowner, one of your biggest assets is your home’s equity. Equity is the amount of your home that you own outright. This includes the amount you paid in cash up front (your down payment), plus the amount you pay
January 01, 0001
A home equity line of credit (HELOC) is line of credit that allows homeowners to borrow money against the equity in their home. It works somewhat like a credit card, where you have a predetermined credit limit, and you can borrow against it as needed
what is the wealth building loan?
With no down payment required and the opportunity to build equity quickly, the Wealth Building Loan is a winning option for many homebuyers.
The Wealth Building Loan was designed with savvy homebuyers in mind –
If you are looking to purchase a home in the United States, but don’t have a Social Security number (SSN), Waterstone Mortgage offers a variety of loan options to help you achieve the dream of homeownership.
Looking for an affordable homeownership solution? Waterstone Mortgage’s Powerhouse 100 loan program offers 100% financing for eligible homebuyers — that means no down payment required.
what is the community experts loan program?
Simply put, Community Experts is a no-down-payment loan program available exclusively for those who serve as experts on their subject matter for our communities.
As one of these experts, we realize the time
If you are self-employed or freelance, the mortgage application process may look different than it does for those with a traditional employer.
Waterstone Mortgage offers a variety of loan options for self-employed homebuyers.
what is the community heroes loan program?
You serve our communities. Let us help serve you!
Community Heroes is a low-down-payment conventional loan program tailored specifically for, well, community heroes. This includes:
Nurses
CNAs
M
what is a reverse mortgage?
A reverse mortgage allows homeowners who are over the age of 62 to tap into the equity they’ve built up in their home — through a lump sum of cash, a fixed monthly payment, or a line of credit.
what is down payment assistance?
Down payment assistance programs are put in place to help eligible homebuyers provide funds for their down payment on a new home or closing costs. These are often state-specific.
Looking to finance your home, but your needs don’t seem to fit the mold of a traditional mortgage? Our wide variety of niche and specialty loan programs may be just the ticket.
what is a USDA loan?
A USDA Guaranteed Rural Housing Loan is a fixed-rate mortgage backed by the U.S. Department of Agriculture. These loans were long thought of as just for farmers, but the program has been expanded in recent years to help families
home construction loans at Waterstone Mortgage
Are you ready to build your dream home? Our Single Loan Close Construction Program makes getting one loan for the entire process simple. Let us focus on getting you financed while your general contractor