Our commitment to customer service helps us provide our clients with a rewarding experience.
We excel at listening to our clients and in analyzing hundreds of loan choices to assure that our clients obtain the right loan for their needs.
Purchase Services
· Providing information about qualifying, loan terms and closing escrow.
· Creatin
Our commitment to customer service helps us provide our clients with a rewarding experience.
We excel at listening to our clients and in analyzing hundreds of loan choices to assure that our clients obtain the right loan for their needs.
Purchase Services
· Providing information about qualifying, loan terms and closing escrow.
· Creating a plan to purchase
· Creating an ownership budget.
· Analyzing loan choices to obtain the best loan to meet your needs.
· Providing a pre-approval before you buy for the best negotiating power.
Refinance Services
· Determining if the benefits of refinancing exceed the costs.
· Utilizing your equity to obtain cash.
· Paying off higher rate loans,
an Adjustable Rate Mortgage
or a Balloon note.
Other Services
· Free property value estimates before buying or selling.
· Adding to your team of Financial Experts by benefiting from our 40+ years of experience.
Financing Solutions
· Loans available for Clients with all types of credit, income and down payments.
· With so many lenders and loan programs to choose from, you and your Loan Consultant analyze those choices to help identify the best loan to meet your needs.
Here are the team of real estate professionals involved in closing a real estate transaction.
Loan Consultant (Loan Originator):
A client's primary contact for real estate financing, LO's provide their clients with the best loan to meet their needs and assist all parties in having the best possible transaction experience. The best LO's al
Here are the team of real estate professionals involved in closing a real estate transaction.
Loan Consultant (Loan Originator):
A client's primary contact for real estate financing, LO's provide their clients with the best loan to meet their needs and assist all parties in having the best possible transaction experience. The best LO's also provide clients with accurate analysis,
timely communication
and ethical representation.
Loan Processor: A Loan Processor’s main responsibilities are to assist clients with needed documentation, submitting the loan request to the lenders for underwriting, and to coordinate the loan closing.
Lender: An individual or institution that provides funds to borrowers, expecting that the funds will be repaid according to the loan terms.
Loan Underwriters make loan approval decisions.
Loan Funders coordinate loan closings.
Escrow Officer: Independent third parties, Escrow Officers coordinate closing documentation for ALL parties, and will not close the transaction until all parties are satisfied.
Title Officer: Independent third parties, Title Officers prepare preliminary title reports and insure the accuracy of those reports in order to protect lender(s) and/or
buyers and sellers.
Appraiser: Independent third parties, appraisers prepare a report for the mortgage broker or lender. They inspect the subject property and comparable properties to make adjustments to value in order to estimate the value of the property being purchased or refinanced.
Real Estate Agent (Realtor):
Real estate agents for BUYERS (aka Sellers Agent) show properties to buyers, write purchase offers and negotiate prices and other terms on behalf of buyers.
Real estate agents for SELLERS (aka Listing Agent) help property owners sell properties and negotiate prices and other terms on behalf of sellers.
For Purchase:
For Purchase:
For Refinance (Above list plus):
For a VA Loan:
Different loan programs require varying amounts of documentation. Some loan programs require less documentation than listed above.
Don’t buy or lease an auto.
The lender looks carefully at debt-to-income ratios, and a large payment- such as a car lease or purchase - can greatly impact those ratios and prevent a borrower from qualifying.
Don’t move assets from one bank to another, or make unusually large deposits. Each account disclosed must have sources of funds full
Don’t buy or lease an auto.
The lender looks carefully at debt-to-income ratios, and a large payment- such as a car lease or purchase - can greatly impact those ratios and prevent a borrower from qualifying.
Don’t move assets from one bank to another, or make unusually large deposits. Each account disclosed must have sources of funds fully documented to show its history.
Don’t change jobs just before or during a transaction. Some jobs involve a probation period that must be satisfied before income from that job can be considered for qualifying. (Examples: sabbatical, disability, maternity, vacation). If you are considering changing jobs or taking time off, let us know immediately.
Don’t run up your charge cards with new purchases. Use of debt could increase the debt ratios, and often lenders will run a credit report just before closing.
Don’t run a credit report on yourself. This will show up on the lender’s credit report as an inquiry that must be explained, and inquires can negatively impact credit scores.
Don’t consolidate, pay off bills or close accounts before speaking with your Loan Consultant. Such moves could negatively impact debt ratios or reserves, and could effect your ability to qualify.
Don’t pack, ship or throw away information which may be needed for the loan application. Important paperwork (see list in Documents Needed for Loan Processing section) should be readily available until you close. Duplicate copies can take weeks to obtain.
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