Buying a home?

Let’s get started!

No matter what your situation is, there is a home financing solution for you. We are ready to guide you through your options and get you the best deal possible!

Conventional

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FHA

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VA

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Jumbo

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Renovation

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USDA

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How the process works

1. Documentation

There are a few critical documents we will need to verify to start your process.

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2. Appraisal

The appraisal ensures the home you are buying is worth the price that is being offered.

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4. Conditional Approval

Conditional Approval is granted when the Underwriter approves the loan under certain conditions.

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3. Initial Underwriting

The Underwriter will verify that all information is accurate and authentic.

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5. Clear To Close

The Underwriter verifies that all documentation has been provided and all conditions have been met.

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6. Closing

Signing the final documentation and receiving the keys to your new home!

LEARN MORE

How the process works

1. Documentation

There are a few critical documents we will need to verify to start your process.

LEARN MORE

2. Appraisal

The appraisal ensures the home you are buying is worth the price that is being offered.

LEARN MORE

3. Initial Underwriting

The Underwriter will verify that all information is accurate and authentic.

LEARN MORE

4. Conditional Approval

Conditional Approval is granted when the Underwriter approves the loan under certain conditions.

LEARN MORE

5. Clear To Close

The Underwriter verifies that all documentation has been provided and all conditions have been met.

LEARN MORE

6. Closing

Signing the final documentation and receiving the keys to your new home!

LEARN MORE

Curious about what loan option makes the most sense for you? Test it out by using our Comparison Mortgage Calculator...

Our mortgage calculators are for demonstration purposes only and may not reflect actual numbers for your specific mortgage. Contact us and we will walk you through the best possible mortgage scenario for your specific needs!

Loan Option A
Loan Type
Rate Type
$
$50,000 $2 Million
$
%
0% 80%
Loan Term
%
0% 20%
  • Active/Veteran
  • National Guard/Reserve
  • Surviving Spouse
VA Specifics
Loan Option B
Loan Type
Rate Type
$
$50,000 $2 Million
$
%
0% 80%
Loan Term
%
0% 20%
  • Active/Veteran
  • National Guard/Reserve
  • Surviving Spouse
VA Specifics
Advanced (optional)
Credit Score
$
%
0% 5%
$
%
0% 20%
$ /month
Rate Adjustment Settings
Expected Rate Direction
%
0% 2%
%
2% 10%
%
0% 5%

Total cost after
Loan Option A: $0
Loan Option B: $0
years
Total cost over years
TOTAL COST
YEARS

Option A $/mo
Loan Type
Loan Amount $
Interest Rate %
Upfront Cost $
Monthly Payment $
Lifetime Cost $
Option B $/mo
Loan Type
Loan Amount $
Interest Rate %
Upfront Cost $
Monthly Payment $
Lifetime Cost $

Estimated Costs

These costs are estimated based the information added in the advanced section. You may adjust these values to suit your particular situation in order to get a more accurate estimate.
Loan Option A
Loan Option B
Loan Amount
$
$
Down Payment
$
$
Interest Rate
%
%
Loan Term
years
years
Taxes & Insurance Included?
Property Tax(1st year)
$
$
Home Owners Insurance(1st year)
$
$
HOA dues
$
$
Home Appreciation
%
%
Upfront Fee
$
$
Total upfront fees
$
$
Total Interest Payments
$
$
Total Principal Payments
$
$
Lifetime Cost
$
$
How We Calculate the Costs

Comparing Mortgage Options This calculator helps you compare two different mortgage options. It takes into account various factors for each option: Loan Details:
  • Loan type (Conventional, FHA, VA, USDA)
  • Loan amount
  • Interest rate
  • Loan term
  • Down payment amount
Additional Costs:
  • Property taxes
  • Homeowners insurance
  • HOA fees
  • Private Mortgage Insurance (PMI) if applicable
Upfront Fees The calculator considers upfront fees, which can vary based on the loan type:
  • Conventional loans: Typically closing costs (2-5% of loan amount)
  • FHA loans: Upfront Mortgage Insurance Premium (UFMIP) of 1.75% of the loan amount
  • VA loans: VA Funding Fee (varies based on down payment and use)
  • USDA loans: Upfront guarantee fee of 1% of the loan amount
These fees can often be rolled into the loan amount, which is an option in the calculator. Assumptions and Calculations The calculator makes several calculations and assumptions:
  • Monthly mortgage payment (principal and interest)
  • Total interest paid over the life of the loan
  • Total cost of the loan (including upfront fees, monthly payments, and additional costs)
  • Annual home appreciation rate: %
Comparison Metrics The calculator compares the two options based on:
  • Monthly payment
  • Total upfront costs
  • Total cost over the life of the loan
  • Break-even point (if applicable)
You can adjust the values in the calculator, including in the advanced settings, to better reflect your specific situation. This allows you to compare different scenarios, such as a 30-year fixed rate mortgage versus a 15-year fixed rate, or comparing loans from different lenders with varying terms and fees. Keep in mind that while this calculator provides a comprehensive comparison, your actual costs may vary based on your specific circumstances, credit score, and local market conditions. It's always recommended to consult with a mortgage professional for personalized advice.

Check out our other mortgage calculators

Access our top-rated mortgage calculators to expertly assess your financing options, compare various loan types, and make informed decisions for your home buying journey.

General Mortgage Payment Calculator

See what your monthly payment could be with our general repayment mortgage calculator.

Affordability Calculator

Assess how much home you can afford based on your income, expenses, and desired down payment.

Early Payoff Calculator

See how making extra payments can help you pay off your mortgage faster and save on interest.

Rent vs Buy Calculator

Compare the costs of renting versus buying a home to determine the best financial decision for your situation.

Seller Net Profit Calculator

See how much you could make from your home sale with our Seller Net Profit Calculator.

Rate Buydown Calculator

Check out how much you can save with a seller-paid rate buydown.

HELOC Calculator

Estimate your credit limit and monthly payments with our HELOC Calculator!

Mortgage Comparison Calculator

Compare different mortgage options side by side to find the best fit for your financial needs.

Refinance Comparison Calculator

Evaluate the potential savings and costs associated with refinancing your existing mortgage.

DSCR Investor Calculator

See what your investor ratio is with our DSCR calculator.

Adjustable Rate Mortgage Calculator

Determine your potential monthly payments and interest costs for an adjustable-rate mortgage over time.

VA Calculator

Estimate your monthly payments and total costs for a loan backed by the Department of Veterans Affairs.

Jumbo Calculator

Calculate your monthly payments and total costs for a jumbo mortgage that exceeds conforming loan limits.

FHA Calculator

Determine your potential monthly payments and total costs for a Federal Housing Administration loan.

Conventional Calculator

See the monthly payment and total cost for a conventional mortgage loan.

USDA Calculator

Calculate the costs and monthly payments associated with a USDA Rural Development loan.

203k Renovation Calculator

Analyze your debt service coverage ratio to evaluate the profitability of an investment property.

What Our Clients Say

“I was recommended Eric DeBello from a friend and couldn't be happier. Eric was incredibly responsive and made the entire experience stress free.”

Tiffany M

“Eric was an absolute pleasure to work with! He helped me and my husband buy our first home together. The amount of knowledge and patience he had explaining every minute detail to us was incredibly helpful and reassuring throughout the process. We had a very intense and unusual buying situation and he always steered us in the right direction. He took the time to speak to us at all hours of the day/night and during the holidays. Would HIGHLY recommend to anyone!!”

Yvonne C

“Eric was very helpful. It was an easy process. After the re-fi I am now debt free and living comfortably. He also help in the re-fi before this getting me from an adjustable rate mortgage to my new 30 year fixed rate. The man is a life saver thank you very much.”

Andrew E.

“We worked with Eric when we bought our house, and later refinanced (when our equity went up and rates went down) with his help as well. He took the time to explain things to us as well as answer our many questions. A+ experience all the way. 100% recommended.”

Casey B.

“You're thinking five stars ya right, I would be too until you hear our story. We started out with another broker getting nowhere trying to better our credit and purchase our new home. Then we changed to Eric and it was the best decision we ever made. I'm a skeptic no doubt about it, what is wonderful about Eric is how honest he is. No smoke and mirrors. He looked over everything and told us the truth what we needed to fix and how to do it. What is an added benefit is his background of having been an underwriter in the past he looks for any potential issues and addresses them before they even see them. We got our first home hassle free with Eric as an FHA loan and 2.5 years later we sold that home and purchased our dream home in a regular loan again hassle free! What I appreciate the most is his honesty his integrity his drive on how important these life changing choices are. At one point he reminded me as we were selling and buying at the same time , he said Jodi smile be excited look at how far you have both come. And he was right! Eric is amazing whether it's to refinance or to purchase he is 110% invested in you and your best interests. Personally we appreciated his honesty when we were not in the best situation but he helped us get there and to me that is priceless. Professional, returns calls/emails, corrects potential issues before they become one, honest, meets deadlines, easy to work with! Thank you Eric again for not one but two home purchases! You are amazing!”

Jodi and Scott T.

“Eric was referred by a Family member; I was having difficulty getting the mortgage. Since it was was different kind of mortgage and dealing with the house being in a trust!!!! Eric took me through the steps and explained what I needed to do very clearly. I highly recommend using Eric for refinancing or to get a mortgage!!!!”

Denise

“I had an awesome experience with Eric. He was so patient and willing to answer every question. Not to mention he was so responsive and available to work directly with me. In the end, he got me a great mortgage and couldn't be happier with my experience. I'd recommend him to anyone!”

Tony G.

“Great experience. Most paperwork and materials conducted electronically. The process went extremely smooth and quick for our refinancing. Eric was the best and I have recommended him to family and friends.”

Tim D.

“CHM clearly explained what they could provide to me and the information I needed to provide to them. We were able to obtain a great rate and close the loan in an efficient manner.”

Glenn K.

“I would like to start off by saying i am a 1st time homebuyer and did not know too much coming into needing a mortgage other than i needed one. I dealt with Eric for over a month back and forth while we worked on how much i could realistically afford, checked out some places and finally closed on one. Eric was nothing but professional and made himself available to me whenever I had a question. Eric was very good at explaining all the items that come along with getting a mortgage. I was very impressed and satisfied with my entire experience.”

Matt C.

“Eric helped to make my first home purchase as seamless as it could have possible been. From the first time I talked to him about what I was looking for and what I thought I could afford, he made me feel very comfortable going through this stressful process. Once I was ready to start looking at houses, he helped me figure out exactly what I could afford and ran through several different financial scenarios to help me know how to get the best deal possible. When I was ready to put in an offer for my home, he was able to write up several different offer letters within less than an hour, which helped me to get my offer accepted. Once the formal mortgage process started, Eric helped me through every step and was incredibly on top of every little detail. Both my broker and lawyer said that they really enjoyed working with Eric and would recommend them to other clients. I can't thank Eric enough for providing me with such excellent service throughout the entire mortgage process.”

Ashley C.

“If you're looking for a mortgage guy look no further...from the first time we met Eric we knew he was the person we've been looking for. Eric was so patient, friendly, and personable - he walked us through every step of the mortgage process. From doing the initial application to gathering paperwork to getting ready for closing Eric was prompt and informative. He did almost all of the work and took the stress off of us. Anytime we needed him or had a question he responded right away. We were so happy to have found him that we referred our friends to him too!”

Samantha C.

“CHM is very accommodating and thorough. I have worked with Eric on multiple occasions and couldn't ask for more. He has a way of making the difficult process seem simple.”

Mike F.

“This was our second time refinancing with CHM. Each time was quick, efficient and so cost effective. Eric helped us through a financially difficult time and was an absolute pleasure to work with!”

Carolyn and John

“If you need a pro and a friendly person to help with home buying, Eric is your guy! Eric was great to work with. I have used him twice, both times I got a great rate and with him doing all the heavy lifting. Eric also explained all the legal/financial topics in laymen terms. If and when I buy another home, I will be using Eric for sure.

Thank you Eric.

P.S. He also actively looks to get me a better rate for refinancing opportunities. The one thing I am not happy about is that I have not grabbed lunch with him yet 🙂”

Saad K.

“Eric from CHM Mortgage Group helped me with purchasing my first home. It was a completely easy and pain-free process from beginning to end. Eric is well-organized, professional, honest and always available for any and all questions. He kept me updated and prepared with the loan process and in turn made it a simple and smooth transaction. He got me an amazing deal and saved me a ton of money. I will definitely go with CHM Mortgage Group in the future and recommend it to my friends and family.”

Stacy

“We worked with Eric from April 2018 when we were first pre-approved until January 2019 when we closed on our first home! He made the seemingly overwhelming process easy and answered all of our many questions. He worked closely with our realtors and checked in with us throughout the home buying process. We are so happy with how everything went and are excited to have found our new home!”

christinehavey3

“We worked with Eric to purchase our first home in January 2019. As first-time home buyers, we were nervous about understanding the process and making the right decisions. But, Eric walked us through the entire process and answered our many, many questions. He made us feel comfortable with our decisions and explained each step thoroughly. We highly recommend working with him.”

Caroline

“As a first-time home buyer, I could not have asked for a better person to walk me through the mortgage process! Eric was so responsive and patient with all my questions, walking me through every step of the home-buying process. I would email him questions and get a same day (sometimes same hour!) response. You could not ask for a better mortgage broker!!”

Faye

“Eric is very knowledgeable and made my refinance easy. He explained everything as it was important to him that I understood. I would highly recommend chm mortgage group.”

Diane

“Eric worked with us every step of the way to make sure we got the financing we needed for our first home. He was on top of everything for us and explained the process step by step as well as answering all our many questions in a very timely manner. We had a seller that had to have our financing done on a strict time schedule and Eric made it happen with zero problems. He definitely made this very complicated process so much easier for us and we appreciate all the work he put in on our behalf. Not to mention that he found us a great rate and made it as simple as possible for us to plan our payments. I would highly recommend CHM Mortgage Group to any one looking for help getting a mortgage or refinancing.”

rdavis1919

“This is our second home purchase through Eric Debello. He was helpful understanding the process through our first home purchase 10+ years ago along with couple re-finances through the years. His patience with our "amateur" experience had us thinking of no other on our latest home purchase. His attention to detail in explanation from beginning to end is second to none.”

Mark and Corrinne Ar

“We have worked with Eric multiple times since 2014 with purchases and refinancing. He streamlines the process to ensure on time closings and no surprises. He is very knowledgeable and offers guidance throughout the process.”

Jen Kirwan

“Eric was terrific to work with. He made the process simple and easy. Constant communication to keep us informed where we were in the process and what was needed. Checked in regularly to assist with any questions we might have had as well as questions regarding information needed from us. Would recommend Eric to anyone looking to buy or refi a house. Hopefully we will be working with Eric for purchases in the future.”

razorx1967

“Working with Eric made the entire mortgage process incredibly simple. Not only did we walk away with an incredible rate, Eric educated us as we navigated the process. Any questions we had were answered and any problems that came up he resolved.”

Ben Baldwin

“We have worked with CHM Mortgage group for several mortgage refis. They have always found the right mortgage for our needs. Eric is very personable, listens carefully, and explains things clearly. We have been 100% satisfied and highly recommend their services!”

mcrourke

“Eric facilitated our re-fi and made what could be a headache of a process really easy. He clearly communicated the loan specifics and expectations and answered all of our (sometimes nitpicky) questions. I would not hesitate to use Eric again or to send friends his way for a home purchase or re-fi.”

kamcsweeney

“Eric provided our family with the best possible service and advice. We were truly amazed and so happy we lucked out by finding Eric to meet our refinance needs. Highly recommend his company for others.”

Stan K

“When our landlord decided to sell and we didn't want to move, one phone call to Eric put our minds at ease. His confidence through the whole prequalification, offer, purchase & sale agreement, and closing process got us through this unexpected commitment. We are now the proud owners of our home. Thank you, Eric and CHM Mortgage Group! -Kristin Erickson”

Kristin Erickson

“Eric was fantastic to work with. Very professional and attentive to all of the deadlines. He made sure the process was seamless and on time, with no last minute surprises. Highly recommend.”

apd22

“Eric was an amazing agent to work with. He was always available and helpful and did all of the leg work for us, eliminating a ton of stress. As first time home buyers we had a ton of questions and he was patient and full of knowledge.”

Kelly

“Eric was phenomenal to work with. Always explaining the process and provided the best rates/credit I could find. Absolutely would recommend CHM Mortgage to any and everyone I know!”

Sean

“I would recommend Eric to anyone looking to finance a home. His availability and ability to walk through a difficult buying process in an even more difficult market made my purchase of a new construction condo with many delays possible.”

jgreenwood981

“Helped me when my other lender fell through to get my deal done, with good terms. I am appreciative that he was able to help me execute on things. Thanks, Eric.”

gjman101

“Eric at CHM worked with us to get the mortgage on our first home last year. He was unbelievably helpful in answering the MANY questions we had as first time home buyers. And he made the complicated process of getting a mortgage very easy by taking it step by step and explaining all the options along the way. In the 18 months since, he has proactively sought out better deals for us and we have now refinanced TWICE with him. We didn't have to do anything. He just found us better deals that made sense for our situation and called us up to let us know the options. He's saved us a ton of money a month in mortgage payments and a truly incredible amount in long term interest. And he's very easy to talk to and work with on all the details. I cannot recommend CHM enough!”

Ryan Davis

“Eric was awesome, easy to communicate with, had a positive attitude and just generally made everything easy for us. He got back to us in a timely manner and was extremely professional and personable during the process.... Buying a property is stressful and Eric did everything to make us feel the least amount of stress possible. Highly recommend.”

Pete Doom

“I can not recommend CHM mortgage enough!!! Eric made my home buying process so much easier with his quick responses, helpful explanations, and follow up. But the best thing about him is that HE will reach out to YOU when savings could be had. Most recently he proactively reaches out and as a result saves me $380 a month!!! You cannot lose with Eric and CHM.”

Nancy Driscoll

“Eric has handled our mortgages for 10 years. He is knowledgeable, thorough, and easy to communicate with. He lays out all the options and assists in making an informed decision. I highly recommend CHM Mortgage Group”

Jenna LaBissoniere

“Eric is a true professional and helped us with with a refinance that was painless. We started the process in the early days of the Covid pandemic, had to pause due to worries about the current environment, then picked it back up a few months later. He guided us thru everything, very easy to talk to and was a great resource for us in getting it done in uncertain times. Would recommend and ask for his help again in a second.”

Scott Wheaton

“Eric helped me finance my first investment property 13 years ago, and has helped with a a half dozen or so refinances over the years. I have never met someone so knowledgable and detail oriented with the mortgage lending process as Eric. He is always on top of everything and always takes the time to explain the process and why things are happening they way they are. In a business like mortgage lending/brokerage, this is an invaluable service.”

ben stillwell

“We have worked with Eric for years on multiple homes. He is exceptional and thorough at what he does. Not only does he look out for your best interest but he also provides guidance and eliminates a lot of confusion. I would recommend CHM any day.”

Michael Fitzpatrick

“Eric is knowledgeable, professional and a pleasure to work with. He explained every step of the process and kept us fully informed. Eric was quick to get back to us with any questions we had. He made the whole loan process very easy. Highly recommend.”

Lisa Downey

“I recently worked with Eric of CHM to do a refinance of my house. He made the process very easy and was available every step of the way to answer any questions I had. I would highly recommend Eric and CHM for your next mortgage or refinance.”

michael cedrone

“Eric was phenomenal to work with. Always explaining the process and provided the best rates/credit I could find. Absolutely would recommend CHM Mortgage to any and everyone I know!”

Sean Hawthorne

“I’ve worked with Eric several times over the past few years, both in purchasing a home and refinancing. Eric is extremely knowledgeable, professional, and responsive. Great to work with. Would absolutely recommend his services to anyone looking.”

S C

“This is our second home purchase through Eric Debello. He was helpful understanding the process through our first home purchase 10+ years ago along with couple re-finances through the years. His patience with our "amateur" experience had us thinking of no other on our latest home purchase. His attention to detail in explanation from beginning to end is second to none.”

Mark Archibald

“Recently worked with eric when buying our home and cannot say enough good things about his work! He helped us very much in this process and answered all questions so we understood what was actually going on and explained everything to us. He is very good at what he does and very helpful with the whole process👍👍”

Dan Geagan

“Eric DeBello was a fantastic agent to work with. He was always responsive and was an integral part of helping us through our first time house and mortgage.”

Kelly Parness

“Eric was super helpful when we refinanced our mortgage and I really liked the personal attention we received from him!”

Matt Dorn