HOW MUCH CASH DO I NEED? For FHA loans you need at least 3.5% down. Conventional loans require 20% down. USDA loans offer 100% financing (if property qualifies). In addition you will need closing costs; which run on average 3% to 4%. Of course, it is always best to verify this with a lender and percentages are based on sales price.		WHAT ARE MY MONTHLY PAYMENTS? Once we have determined your price range, then your lender will be able to tell you what your payments will be including taxes and insurance. Rule of thumb: $100 per every $10,000. So for a $100,000 home you can estimate a monthly payment of $1,000. It will be less expensive if you put money down. *For every $1,000 you increase your sales price, you are only paying around $5 to $7 dollars more a month.		HOW LONG WILL IT TAKE TO CLOSE? Typically you want to start looking 30 days before you wish to move; however, if you are wanting to purchase or you find a great deal on a short sale or foreclosure, then allot 45-90 days before hiring the movers. With lending regulations changing often, it is not uncommon for closing delays. Choosing an experienced lender is key!!! Lender standing by...