Your home is our business. We've got your back. Please contact us if you cannot find an answer to your question.
Root Mortgage is a lending company that provides loans and funding for customer's purchases. We offer home loans, HELOC, personal loans and recreational loans.
We offer home loans, HELOC, personal loans and recreational loans. You can view all the products we offer at our Products page.
We currently serve Arizona, Oregon and Washington. Visit our Locations page to view our offices.
Our company has multiple offices that each have loan experts that are ready to help you when you are ready. Visit our People page to view our experts.
The amount you can borrow will depend on many variables such as income, type of income, term of the loan, down payment and more. The industry does give a guideline and is called a back-end debt to income ratio. As a very simple explanation you would take your gross income and divide by 12 months for a monthly amount. Then you take this number and multiply by .43. The remaining number must be enough to cover the existing debt on the credit report plus the new house payment including taxes and insurance.