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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in North Carolina
  4. Cary
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
Step 1 of 3

Mortgage Affordability Calculator Cary, NC

How much house can you afford in Cary? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Cary

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

VIVA Lending Group LLC - Suneel Kommireddy (Mortgage Broker)

VIVA Lending Group LLC specializes in fast, streamlined mortgage approvals, often completing transactions within 30 days. Their licensed team offers home purchase loans, refinancing options, and tools like pre-approval letters and payment calculators. Clients appreciate their clear communication and responsiveness, which help simplify what can be a complex process.

Services & Prices
Rate Lock Quoted per loan
Closing Costs Quoted per loan
Conventional Loans Quoted per loan
FHA Loans Quoted per loan
View Profile
(919) 699-5895
Open 8:00 AM - 9:00 PM
160 Macgregor Pines Dr Ste 310b, Cary, NC 27511
General Services
Refinancing
2

Pathway Mortgage Group, Inc.

Pathway Mortgage Group, Inc. focuses on guiding first-time homebuyers through the mortgage process with clear communication and educational support. Their team offers personalized mortgage services, keeping clients informed about financial details and next steps. Customers appreciate their responsiveness and thoroughness, especially during complex or delayed transactions.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Quoted per loan
First-Time Home Buyer Assistance Quoted per loan
View Profile
(919) 745-8882
Open 8:00 AM - 6:00 PM
140 Preston Executive Dr Suite 205D, Cary, NC 27513
General Services
Mortgage Services
3

The Sherry Riano Team at Developer's Mortgage Company

Known for quick pre-approvals and 24/7 loan progress updates, The Sherry Riano Team helps homebuyers and homeowners navigate mortgages with clear explanations and step-by-step support. They offer a wide range of loan options, including VA and renovation loans, and are appreciated for their responsiveness and thorough communication throughout the process.

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(919) 234-7415
Open 7:00 AM - 7:00 PM
215 E Chatham St Ste 301, Cary, NC 27511
4

First Home Mortgage - Cary/Raleigh

First Home Mortgage is known for clear communication and guiding clients smoothly through the mortgage process. The team offers loan origination and refinancing services, keeping borrowers informed at every step. Customers appreciate their responsiveness and straightforward approach, though some note the process can take time.

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(919) 300-3010
Open 8:30 AM - 5:00 PM
51 Kilmayne Dr Ste 105, Cary, NC 27511
5

Miller Lending Group

Family-owned since 1997, Miller Lending Group focuses exclusively on purchase and refinance loans, offering clear, jargon-free guidance throughout the mortgage process. Their team works closely with clients to find suitable loan options, including No Closing Cost programs, and is known for being accessible and responsive. Some customers note the process can be fast, even with complex loans.

Services & Prices
Home Purchase Loans Quoted per loan
Refinance Loans Quoted per loan
First Time Home Buyer Programs Quoted per loan
View Profile
(919) 447-3377
Open 9:00 AM - 5:00 PM
1135 Kildaire Farm Rd, Cary, NC 27511
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

7 Locks Lending — Mortgages & Refinancing

Known for clear communication and patient guidance, 7 Locks Lending specializes in mortgages and refinancing with a focus on making the process straightforward. The team offers detailed explanations and reliable support, helping both first-time and experienced buyers navigate their options. Customers appreciate their responsiveness and thorough approach throughout each transaction.

Services & Prices
First-Time Home Buyer Loans Quoted per loan
Mortgage Refinancing Quoted per loan
Investment Property Loans Quoted per loan
View Profile
(919) 412-5375
Open 8:00 AM - 6:30 PM
15000 Weston Pkwy, Cary, NC 27513
General Services
Home Loan Services
7

Mortgage Choice NMLS 89877

Mortgage Choice Inc holds a full mortgage broker license and focuses on providing personalized mortgage solutions tailored to each client’s financial situation. They offer a wide range of loan options, including FHA, VA, USDA, and investment property mortgages, while guiding clients clearly through complex decisions. Customers appreciate the team’s responsiveness and ability to simplify the… more...

Mortgage Choice Inc holds a full mortgage broker license and focuses on providing personalized mortgage solutions tailored to each client’s financial situation. They offer a wide range of loan options, including FHA, VA, USDA, and investment property mortgages, while guiding clients clearly through complex decisions. Customers appreciate the team’s responsiveness and ability to simplify the process, though some may find the detailed explanations require patience.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Quoted per loan
Rate Lock Assistance Quoted per loan
Rate Alert Services Quoted per loan
View Profile
(919) 655-0330
Open 8:30 AM - 5:00 PM
1003 High House Rd #202, Cary, NC 27513
General Services
Mortgage Services
8

Revolution Mortgage

Known for patient guidance and clear communication, Revolution Mortgage supports clients through every step of the home buying process. The team helps first-time buyers and seasoned homeowners navigate mortgage options with care and responsiveness. Some clients note the process can feel lengthy, but many appreciate the steady support throughout.

Services & Prices
Loan Pre-Approval Quoted per loan
View Profile
(252) 472-0005
Open 9:00 AM - 6:00 PM
100 Towerview Ct Ste 100, Cary, NC 27513
General Services
Mortgage Services
9

First Heritage Mortgage, LLC - Cary

First Heritage Mortgage specializes in a wide range of mortgage solutions, including conventional, FHA, VA, and specialized financing for construction and investor loans. Clients appreciate the team’s knowledgeable, responsive support throughout the process, though some note occasional glitches with their loan application app.

View Profile
Open 8:30 AM - 5:00 PM
51 Kilmayne Dr Ste 105, Cary, NC 27511
10

Best Mortgage Lending Corp

Specializing exclusively in mortgage loans, Best Mortgage Lending Corp offers personalized guidance for first-time buyers, refinancing, and more. Licensed in Florida and North Carolina with over 20 years of experience, their team works with multiple lenders to find competitive rates. Clients appreciate their clear communication and efficient process from application to closing.

Services & Prices
First-Time Home Buyer Assistance Quoted per loan
Low-Rate Loan Programs Quoted per loan
View Profile
(305) 763-5427
Open 9:00 AM - 5:00 PM
1143 Executive Cir C103, Cary, NC 27511
General Services
Mortgage Lending

Cary Mortgage Statistics

Home-purchase lending in Wake County and home costs in Cary, NC (latest HMDA and Census data)

Lenders made 17,173 home-purchase loans in Wake County in 2025 (average about $454,000) and denied 1,630 — 9% of decided applications, compared with 14% across North Carolina, according to federal mortgage data (HMDA, CFPB). In Cary, the median home is worth $580,200 and 72% of owners have a mortgage, paying a median $2,389 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
17,173▼ 1%17,338 in 2024
Denial rate
9%NC 14%
Median home value
$580,200NC $288,900
Monthly cost with a mortgage
$2,389median · NC $1,631
Refinance loans made (Wake County, 2025)
9,036 · 6,153 in 2024
Home-improvement loans made (2025)
3,275
Average home-purchase loan
$454,000 (NC $369,000)
Owners with a mortgage
72% · 18% of them spend 30%+ of income on housing
Median household income
$134,905 (NC $72,388)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Wake County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

Cary Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 VIVA Lending Group LLC - Suneel Kommireddy (Mortgage Broker) 5.0 379 $10 (919) 699-5895 Visit
2 Pathway Mortgage Group, Inc. 5.0 369 Quoted per loan (919) 745-8882 Visit
3 The Sherry Riano Team at Developer's Mortgage Company 4.9 274 — (919) 234-7415 Visit
4 First Home Mortgage - Cary/Raleigh 4.9 124 — (919) 300-3010 Visit
5 Miller Lending Group 4.8 102 Quoted per loan (919) 447-3377 Visit
6 7 Locks Lending — Mortgages & Refinancing 5.0 84 Quoted per loan (919) 412-5375 Visit
7 Mortgage Choice NMLS 89877 5.0 53 Quoted per loan (919) 655-0330 Visit
8 Revolution Mortgage 5.0 48 Quoted per loan (252) 472-0005 Visit
9 First Heritage Mortgage, LLC - Cary 4.9 30 — — Visit
10 Best Mortgage Lending Corp 5.0 27 Quoted per loan (305) 763-5427 Visit

How this Cary mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

North Carolina rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 0.62% of the home's value a year, the North Carolina average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

9 questions
How does the mortgage affordability calculator work?
It estimates the highest home price you can qualify for based on income, debts, down payment, interest rate, and more.
What is the debt-to-income ratio for mortgages in Cary?
Lenders generally cap housing costs at 31% and total debt payments at 43% of gross monthly income.
What is the minimum down payment for a home in North Carolina?
Minimum down payments are 3% for conventional first-time buyer loans and 3.5% for FHA loans.
How does PMI affect my mortgage in Cary?
Under 20% down, conventional loans add PMI, about 0.6% of the loan annually, removable when the balance is below 80%.
How do interest rates affect mortgage affordability?
Higher interest rates increase monthly payments, reducing the home price you can afford.
How do my debts affect how much I can borrow?
Higher monthly debts reduce the mortgage amount you can qualify for, as lenders cap total debt payments.
What are property taxes like in North Carolina?
Property tax is about 0.62% of the home's value annually in North Carolina.
What is the difference between pre-approval and pre-qualification?
Pre-approval confirms borrowing capacity with verified financials, while pre-qualification is an initial estimate.
What does a mortgage broker do?
A mortgage broker helps you find and apply for a mortgage by comparing loan options from various lenders.

General information, not financial advice — consult a qualified professional.