Generally speaking, you can purchase a home with a value of two or three times your annual household income. However, the amount that you can borrow will also depend upon your employment history, credit history, current savings and debts, and the amount of down payment you are willing to make. You may also be able to take advantage of special loan programs for first time buyers to purchase a home with a higher value. Give us a call, and we can help you determine exactly how much you can afford.
Edgewater Residential Capital
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Serving homebuyers and homeowners throughout Lake Norman, Charlotte, North Carolina and South Carolina.
Mortgage Products
Loan options for different homes, goals and stages of life.
Explore popular financing programs or contact us for help comparing the options available to you.
01
Conventional
Flexible financing options for qualified homebuyers.
02Jumbo
Financing solutions for homes above conforming loan limits.
03Adjustable Rate
Explore ARM options with an initial fixed-rate period.
04VA Loans
Home financing benefits for eligible veterans and service members.
05FHA Loans
Government-backed financing with flexible qualification guidelines.
06USDA Loans
Eligible buyers may qualify for financing in rural and suburban areas.
07Refinancing
Review your current mortgage and explore whether new terms could better fit your goals.
07Reverse Mortgages in South Carolina
Your financial needs can change over time. Explore your current mortgage and see whether a South Carolina reverse mortgage could offer new options for accessing your home equity and supporting your long-term goals.