During the first meeting or telephone call, we will give you an overview of general mortgage process.
Mortgage qualification depends on your Credit Score, Credit History, Income, Assets and Employment. Lenders interest rates are based on the risk profile of the borrower. The best credit allows you a lower down payment and lower mortgage rate. Borrowers with recent credit issues may require larger down payment and a probable higher interest rate to compensate for the risk for default.
Compensating factors such as job stability and high asset balances after closing may offset risk.
You should collect documents in a mortgage folder containing your personal financial information
Assets and Reserves for down payment
Banks and lenders can accss your loan options based on price and timing of your purchase. Often having a pre-approval letter when making an offer can make your appear more desirable to a seller to ensure an on-time closing.
In order to receive a customized rate quote, please fill out the form below. We will contact you shortly. We can also provide a mortgage pre approval or mortgage pre qualification. Thank you for the opportunity to earn your business.