The next step is hunting down the best mortgage for that Cleveland home for purchasing or refinancing. An excellent starting point is here: simply give us an idea of the type of loan you want. You will receive bids from multiple Cleveland lenders that will compete to provide a loan at the lowest rate, matching you with nearly 20 Cleveland mortgage lenders. Your mortgage may be for a new home, refinancing or perhaps a home equity loan - in any case, the best way to start is to see what everybody offers.

How much of a Mortgage?

Mortgage affordability is important to the bank, but crucial for you. As of 2005, the average Cleveland mortgage payment was $966 which will give you an idea of what you can expect even with historically low rates. Our mortgage calculator will help you plug in the critical components so that you can determine how large a home loan is reasonable for your Cleveland home.

Cleveland is a major city in Ohio with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as: Colony Mortgage Corporation, Sunset Mortgage Company Lp, Capstone Realty Advisors llc, Charter One Bank Fsb, Keybank National Association, Ohio Savings Bank.Ohio Financial Group llc.Real Living Mortgage llc.Provident Bank.Keycorp Realestate Cap Markets.

Cleveland Mortgage & Real Estate Market

In 2006 Cleveland housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Cleveland was $86,900. This number is big in comparison to the median home value back in 2000 of $72,100. Cleveland has a solid home ownership base with 214,821 houses and apartments and 39% of those are occupied by their owners. Despite the current market, historically Cleveland has been a city where people move, buy and stay - with 50% of homeowners currently paying off a mortgage. About 18% of the city's current homeowners are carrying a second mortgage or home equity loan.

CAPITAL LENDING GROUP, LLC
564 Batavia Road Cincinnati, OH	Phone: 859-866-3349 Ask for: Frazier Brian
Special Mortgage Programs
Please email or call for a free Mortgage rate \ payment quote today! We offer the lowest rates available.We also offer 100% financing for both purchase and refinance loans. Brian Frazier 513-528-5514 859-866-3349 britaz28@yahoo.com

Housing	Cleveland, OH	United States
Home Appreciation	-0.90%	9.80%
Homes Owned	42.78%	64.07%
Median Home Cost	$99,100	$217,200
Homes Rented	45.51%	21.45%

Location	Population	Median Family Income (2005)
Akron	217,074	$31,835
Canton	80,806	$28,730
Cincinnati	331,285	$29,493
Cleveland	478,403	$25,928
Cleveland Heights	49,958	$46,731
Columbus	711,470	$37,897

Category	Value
First Mortgage Only	50%
2nd Mortgage or Home Equity	18%
Homes With No Mortgage	32%
Second Mortgage Only	9%
Home Equity Loan Only	9%

Mortgage Type	Today	Last Week	Change
30 yr fixed	6.03	6.24	0.035%
15 yr fixed	5.47	5.72	0.046%
5/1 ARM	5.34	5.43	0.017%
3/1 ARM	5.48	5.42	0.011%

Your dream of home ownership, refinancing, or using your homes equity might just be an
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