Whether purchasing a new home or refinancing an exisiting residence, financing today can be very confusing. Fixed or variable rate, long term or short term, how much down, points versus rate???
Our fully experienced on-site lenders, can show you the many types of loans and programs available, explain your best options, answer your questions, and close your loan quickly without hassle.
They can also show you how to access the equity in your current home through second mortgages and lines of credit.
You'll complete our online application.
The application will ask you questions about the home and your finances and takes less than 20 minutes to complete. As soon as you've finished the application we'll review your request for approval.
After your application is completed, a Loan Officer will contact you to introduce themselves and to answer any questions you may have. Your Loan Officer is a mortgage expert and will provide help and guidance along the way. If your request wasn't approved online, they'll ask you for any information required to make a decision about your loan.
If you are purchasing a new home, the Loan Officer will also contact the real estate broker or the seller so that they'll know who to contact with questions.
We'll send you an application package and prepare your loan for closing.
The application package will be sent to you and will contain papers for you to sign and a list of items we'll need to verify the information you provided about your finances during the online application.
We'll order the appraisal from a licensed appraiser who is familiar with home values in your area. Depending on your finances and the loan amount requested, different types of appraisals are used. Sometimes the appraiser will need to view the home; sometimes they are able to do their evaluation from the street.
Title insurance will be necessary. If you are purchasing a home, we'll work with the real estate broker or seller to insure the title work is ordered as soon as possible. If you are refinancing we'll take care of ordering the title work for you. We'll use the title insurance policy to confirm the legal status of your property and to prepare the closing documents.
We'll contact you to coordinate your closing date.
After we receive your application package, the appraisal, and the title work, we'll contact you to schedule your loan closing. If you are purchasing a home, we'll also schedule the closing with the real estate broker and the seller.
The closing will take place at the office of a title company or attorney in your area who will act as our agent. A few days before closing your Loan Officer will contact you to walk through the final information.
That's all there is to it! Apply Now and you will be on your way to the most convenient home loan ever!
Loan Programs, Rates & Fees When it comes to home financing, there are many different options to choose from. How do you find the loan that's best for you? Here is some information to help you.
Your Application Applying for a mortgage can be very intimidating. You're asked specific details about your income, assets, and debts. Here we will give you information that will let you know how that information is used when applying for a mortgage.
Your Property When you buy or refinance a home, the property is used as collateral for the loan. Here's what the lender is looking for and why.
Closing & Beyond Hurray! Your loan has been approved and your loan closing date has been set! This section will give you some idea of what to expect at closing and what happens after closing.
Calculators There are many financial decisions involved in purchasing or refinancing a home. The calculators we provide here can help you decide some of those decisions.
Glossary There are a lot of unfamiliar terms that get tossed around during the mortgage process. But don't worry, we've put together this glossary to help you get a better grasp of any terms that may be less than clear.