RE/MAX. Boardman, Ohio real estate and homes for sale. Servicing Boardman, Canfield, Poland, Youngstown, and all communities in the Mahoning Valley (Trumbull County, Mahoning County, and Columbiana County.)


RE/MAX Valley Real Estate, Boardman, Ohio

Agent Logon

Boardman, Ohio Real Estate & REALTORS

Home >> Finances

Financing, Mortgages, and Credit


Your ability to purchase a home depends on you ability to obtain a mortgage.

About Mortgages

You don't have $150,000 in cash laying around? Then chances are your purchase of a home will depend on your ability to borrow 95% or more of the money you'll need.

Borrowing the norm

Before the 1929 stock market crash, cash purchases of homes were the norm. Or if money was borrowed, it was on a term that typically didn't last much more than five years. That made payments relatively steep, which is part of the reason so many homes were lost in the Great Depression.

After World War II the U.S. government created a mortgage program that allowed veterans to make affordable payments over a 30-year period.

Lots of choices

Today, the 30-year fixed-rate mortgage, while still the most common way to buy a home, is just one of many financing options available. Indeed, many mortgages today are almost custom-tailored to individual needs. Learn about the basic types of mortgages here.

Mortgage lending is a highly competitive field. Information on mortgage rates, which can change daily, is available in local newspapers, through mortgage brokers, from individual lenders. When you're shopping for a loan, interest rates tell just part of the story. You'll also need to study the various fees lenders charge.

Use our very easy mortgage calculator and other financial calculators to estimate what your monthly payments will be.

Ask Your Agent

Your RE/MAX Valley Real Estate Professional can recommend lenders to pre-qualify you prior to any serious house hunting. It's important you know exactly what you can afford.

Online Resources

The road to financing a home can be arduous and convoluted, but a lot of 'maps' are available to help make the trip less troublesome. Check out our favorite online financing resources to help you stay on course.


RE/MAX Valley Real Estate, Above The Crowd

RealEstate - is a website specifically geared to online real estate calculation tools.

  • Perform a 5 year forecast.
  • Calculate the ROI of a project.
  • Compare two mortgages.
RE/MAX Valley Real Estate; 1006 Boardman - Canfield Rd.; Boardman, OH 44512
RE/MAX Valley Real EstatePhone: (330) 629 - 9200
  1020 S. Commons Pl. #102Fax: (330) 629 - 9201
 Youngstown, Ohio 44514Free: (866) 629 - HOME
   Driving Directions
RE/MAX Valley Real Estate REALTORS, Outstanding Agent Outstanding Results
 About RE/MAX    Career Opportunities    Contact Us    Home Search    Privacy Policy    Terms of Use 
 Equal Opportunity and Fair Housing HUD LogosNational Assocoastion of REALTORS (Multiple Listing Service) 
Copyright 2009
Valley Real Estate
All rights reserved.
Revised: 06/07/10.
RE/MAX Valley Real Estate

is an independently owned and independently operated franchise of RE/MAX International Inc. The RE/MAX franchise network is a global real estate system of franchisee owned and operated offices, and their affiliated independent professionals. RE/MAX affiliates lead the industry in professional designations, experience and production. RE/MAX Valley Real Estate and RE/MAX International are Equal Opportunity Employers and support the Fair Housing Act.