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Review Keywords Analysis

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

Mortgage Affordability Calculator Raleigh, NC

How much house can you afford in Raleigh? 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 Raleigh

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

1

Martin Mortgage Group

Known for proactive communication and a client-focused approach, Martin Mortgage Group helps buyers navigate mortgage options with clarity and confidence. They offer services for first-time buyers, investors, VA loans, refinancing, and more, with a strong emphasis on personalized strategies. Customers appreciate their responsiveness and thoroughness throughout the process.

Services & Prices
First-Time Homebuyer Loans Quoted per loan
Investment Property Loans Quoted per loan
Refinancing Services Quoted per loan
View Profile
(919) 612-9978
Open 8:30 AM - 5:00 PM
7721 Six Forks Rd Ste 120, Raleigh, NC 27615
General Services
Mortgage Lending
2

Raleigh Mortgage Group

Known for clear, upfront payment estimates and flexible loan options, Raleigh Mortgage Group guides clients through the mortgage process with patience and care. Their team supports first-time buyers and veterans alike, answering questions thoroughly and easing anxieties. Customers appreciate their friendly professionalism and willingness to help without pressure.

Services & Prices
VA Loans Quoted per loan
Home Purchase Loans Quoted per loan
Refinancing Options Quoted per loan
View Profile
(919) 866-0212
Open 9:00 AM - 6:00 PM
8414 Falls of Neuse Rd STE 202, Raleigh, NC 27615
General Services
Mortgage Services
3

Martini Mortgage Group

Martini Mortgage Group offers fiduciary-style, strategy-first mortgage guidance to help families make informed home financing decisions. Their team assists with a variety of loan options, including conventional, FHA, VA, and jumbo loans, focusing on clarity and long-term financial goals. Clients appreciate their responsiveness and thorough explanations throughout the process.

Services & Prices
Residential Mortgages Quoted per loan
Refinancing Options Quoted per loan
First-Time Homebuyer Assistance Quoted per loan
View Profile
(919) 238-4934
Open 9:00 AM - 5:00 PM
507 N Blount St, Raleigh, NC 27604
General Services
Mortgage Services
4

PrimeLending, A PlainsCapital Company - Raleigh

PrimeLending, A PlainsCapital Company, specializes in a streamlined, digital mortgage process with personalized guidance for homebuyers, refinancers, and those seeking renovation loans. Their team is known for clear communication and patience, helping clients navigate everything from pre-qualification to closing. Some clients note the process can feel detailed, but overall appreciate the… more...

PrimeLending, A PlainsCapital Company, specializes in a streamlined, digital mortgage process with personalized guidance for homebuyers, refinancers, and those seeking renovation loans. Their team is known for clear communication and patience, helping clients navigate everything from pre-qualification to closing. Some clients note the process can feel detailed, but overall appreciate the attentive support.

View Profile
(919) 783-7890
Open 8:30 AM - 5:00 PM
4509 Creedmoor Rd Ste 201, Office 248, Raleigh, NC 27612
5

ALCOVA Mortgage | Raleigh, NC

ALCOVA Mortgage holds an A+ rating with the Better Business Bureau, reflecting its focus on transparency and ethical service. The team offers a range of mortgage options—including conventional, FHA, VA, and USDA loans—guiding clients through each step with clear communication. Customers appreciate their responsiveness and patience, especially first-time homebuyers navigating the process.

View Profile
(919) 846-5549
Open 9:00 AM - 5:00 PM
312 W Millbrook Rd #201, Raleigh, NC 27609
Where they are 10 on the map Click a pin for the profile and directions
6

Perennial Mortgage Group

With an A+ rating from the Better Business Bureau since 1997, Perennial Mortgage Group offers personalized mortgage solutions including FHA, VA, jumbo, and refinance loans. The experienced team guides clients through straightforward, informed decisions, and customers often note their clear communication and helpful support throughout the process.

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(919) 848-4748
Open 9:00 AM - 5:00 PM
3125 Poplarwood Ct #101, Raleigh, NC 27604
7

Ignite Mortgage Group, LLC - Raleigh Mortgage Company

Known for personalized service and fast, customized mortgage quotes, Ignite Mortgage Group offers a wide range of loan options including FHA, VA, USDA, jumbo loans, and specialized programs like 203K and down payment assistance. Clients appreciate the team’s clear communication and guidance throughout the homebuying process, helping ease what can be a stressful experience.

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(919) 260-4295
Open 7:00 AM - 10:00 PM
5 W Hargett St, Raleigh, NC 27601
8

Tammi Rowe, Mortgage Lender, NMLS 117643

Known for its role as an Impact Lender, Movement Mortgage dedicates a significant portion of profits to community development. The team offers personalized mortgage guidance, including preapproval, refinancing, and online tools like affordability calculators. Customers appreciate clear communication and efficient support throughout the loan process, making home financing smoother.

View Profile
(919) 624-5550
Open 9:00 AM - 8:00 PM
4700 Falls of Neuse Rd #225, Raleigh, NC 27609
9

Chris Long, Mortgage Specialist - NC Equity Resources, Inc.

Equity Resources, Inc. has been providing mortgage loans since 2002, focusing on clear communication and a personalized approach. Their team offers a range of home loan programs, including Conventional, FHA, USDA, and VA loans, guiding clients smoothly through the process. Customers appreciate their responsiveness and the way they simplify what can be a complex experience.

Services & Prices
Home Purchase Loan Quoted per loan
Refinancing Assistance Quoted per loan
View Profile
(919) 662-6511
Open 8:00 AM - 9:30 PM
707 N West St #103, Raleigh, NC 27603
General Services
Mortgage Services
10

MortgageMecca, Inc.

MortgageMecca, Inc. offers clear communication and professional mortgage brokerage services, helping clients navigate loan options with confidence. The team provides thorough answers to questions and maintains an effective approach throughout the process. Some customers have felt their business was not always welcomed, but many appreciate the clarity and professionalism.

View Profile
(919) 618-3716
Open 9:00 AM - 7:00 PM
4701 Creedmoor Rd Ste 105, Raleigh, NC 27612

Raleigh Mortgage Statistics

Home-purchase lending in Wake County and home costs in Raleigh, 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 Raleigh, the median home is worth $415,800 and 74% of owners have a mortgage, paying a median $1,910 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
$415,800NC $288,900
Monthly cost with a mortgage
$1,910median · 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
74% · 23% of them spend 30%+ of income on housing
Median household income
$85,395 (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.

Raleigh Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Martin Mortgage Group 5.0 415 Quoted per loan (919) 612-9978 Visit
2 Raleigh Mortgage Group 5.0 405 Quoted per loan (919) 866-0212 Visit
3 Martini Mortgage Group 5.0 219 Quoted per loan (919) 238-4934 Visit
4 PrimeLending, A PlainsCapital Company - Raleigh 4.9 203 — (919) 783-7890 Visit
5 ALCOVA Mortgage | Raleigh, NC 5.0 171 — (919) 846-5549 Visit
6 Perennial Mortgage Group 5.0 155 — (919) 848-4748 Visit
7 Ignite Mortgage Group, LLC - Raleigh Mortgage Company 5.0 86 — (919) 260-4295 Visit
8 Tammi Rowe, Mortgage Lender, NMLS 117643 5.0 83 — (919) 624-5550 Visit
9 Chris Long, Mortgage Specialist - NC Equity Resources, Inc. 5.0 73 Quoted per loan (919) 662-6511 Visit
10 MortgageMecca, Inc. 4.9 72 — (919) 618-3716 Visit

How this Raleigh 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

10 questions
How does the Raleigh mortgage affordability calculator work?
It estimates the highest home price you can qualify for based on income, debts, down payment, interest rate, and PMI. It uses North Carolina property tax rates.
What is the debt-to-income ratio for mortgages in North Carolina?
Lenders typically cap housing costs at 31% of gross monthly income and total debt payments at 43%.
How much house can I afford with a $100k salary in Raleigh?
The calculator considers your salary, debts, down payment, and interest rate to estimate affordability. Exact amounts depend on your financial details.
What's the minimum down payment for a first-time buyer in North Carolina?
First-time buyers can put down as little as 3% on conventional loans and 3.5% on FHA loans.
How does PMI affect my mortgage in Raleigh?
With less than 20% down, PMI adds about 0.6% of the loan annually. It can be removed once the loan balance is below 80% of the home's value.
How do interest rates impact mortgage affordability in Raleigh?
Higher interest rates increase monthly payments, reducing the home price you can afford. Rates change weekly.
How do debts affect how much mortgage I can qualify for?
Higher monthly debts reduce the mortgage amount you qualify for, as lenders cap total debt payments at 43% of income.
What is the property tax rate for homes in North Carolina?
Property tax is about 0.62% of the home's value annually, based on 2024 averages.
What's the difference between pre-approval and pre-qualification for a mortgage?
Pre-approval involves lender verification of income, debts, and credit, while pre-qualification is a preliminary estimate without verification.
What does a mortgage broker do in Raleigh?
A mortgage broker helps you find and apply for a mortgage, comparing different lenders and loan options.

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