How to Buy a House With an Affordable Mortgage

Mortgage and Lending with US Bank NMLS: 22343

How to Buy a House With an Affordable Mortgage


Mama mia!  If I've said it once, I'll say it a thousand times:  You don't need to be a poor boy from a poor family in order to get an affordable mortgage!  Yes, you do need to be a first-time homebuyer.  Yes, your income needs to fall below the AMI or "area median income," which you can get a sense of at this link, Area Median Income Lookup Tool.  But beyond that, this sort of low income home loan can be very flexible and a great way to get your first place.


An AMI, or low income mortgage, can be a great alternative to either jumbo or FHA, and for various reasons.  An affordable mortgage can improve your interest rate in some cases, reduce your PMI in others and it can even get you around the FHA loan limits in some counties, giving you more borrowing power while still allowing a low down payment.


So it may be time to open your eyes, look up to the skies and see the power of the AMI, affordable mortgage!


We are the champions,



Rob Spinosa
SVP of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959


Marin Office:  324 Sir Francis Drake Blvd., San Anselmo, CA  94960 

*The views and opinions expressed on this site about work-related matters are my own, have not been reviewed or approved by Guaranteed Rate and do not necessarily represent the views and opinions of Guaranteed Rate.  In no way do I commit Guaranteed Rate to any position on any matter or issue without the express prior written consent of Guaranteed Rate's Human Resources Department.

Comments (3)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

Feb 08, 2023 03:18 AM
Toby Barnett
KW North Sound - Marysville, WA
Toby Barnett

Hey Rob, do you do your own editing? The video was great and left a comment on YT.

Feb 15, 2023 10:19 AM
Rob Spinosa

I replied on YT --- thank you for checking it out.  Yes, I do all the video edits and use a free app on my phone, VN Video Editor.  I realize I should get serious and make a switch to more professional equipment but I also don't want it to be a slippery slope and then find myself getting into the video production piece to the detriment of the more important responsibilities of my job.  The video stuff is fun, but it can't be what occupies the majority of my day or week so I'm trying to keep it as simple as possible without being, as my son would say, too "cringe." 😬

Feb 16, 2023 07:49 AM
Toby Barnett

I totally hear the time piece. I use Adobe Elements yet mainly for our home tours and some long format videos yet don't get crazy with the editing either - subbed as well.

Feb 16, 2023 11:24 AM
Charles Ross - eXp Realty LLC
eXp Realty LLC Salina Group - Salina, KS
Love To Help People

Excellent video Information. Thank you for sharing. Have a wonderful day and a blessed weekend.

Mar 31, 2023 05:27 AM