If you don't find the answer that you are looking for, just contact us and we'll get you the right answers.
Being pre-qualified is based on your provided information, which will then give you an estimate on the amount that you are able to borrow. A Pre-approval means that your information is evaluated thoroughly. It is a closer estimation of how much you will be approved for.
You [and your co-borrower, if applicable] will need the following documents when applying for a loan:
• Social Security Number
• 2 Years Proof of Employment (If self-employed then please provide most recent 2 years business tax returns and current YTD profit/loss statements as well as balance sheets)
• 2 Most Recent Paystubs
• 2 Most Recent Years of Tax Documents (W-2 statements and tax returns)
• Bank Account Information (2 Most Recent months of asset statements-checking, savings, retirement, etc.)
• Credit Information (Provide details of any new accounts or accounts not currently reporting on your credit report such as: )
• Monthly Expenses (Housing, etc.)
There are many factors that could impact the type of loan that you qualify for. You could reach out to your local loan originator to find out what loan you qualify for. If you need more information on the various types of loans, check out our Loan Types page.
An appraisal is the process of having a licensed and trained individual report on the worth of a home. This individual is completely unbiased and will be able to provide the lender, buyer and seller an accurate value of the home. Having an appraisal done on the home establishes protection for all parties involved. They will determine if repairs are needed, if the price is fair in comparison to other homes within the area, and a detailed report calculating the true value of the home.
An interest rate is the amount it will cost you to borrow the principal loan amount. It could either be a variable or fixed amount and will always be expressed in percentage form. An APR measures a mortgage and includes the interest rate plus discount points, closing costs and broker fees. APR’s are expressed in percentage form.
Closing costs include:
• Loan Origination fees
• Appraisal fees
• Discount Points
• Title Insurance
• Credit Report charges
• Deed-recording fees
• Title Searches
Refinancing is when you replace your current loan with a new loan. This new loan should include improved terms and features than the prior loan. If your current loan is too expensive or risky, then you should look into refinancing. Typically, refinancing is beneficial because you can: Save money Lower your payments Shorten your loan term Change your loan type Consolidate your debts Pay off a Loan with a Due-date or balloon payment
Yes, you can qualify for a mortgage as long as the seasoning requirements for the specific loan type have been met. This is something you can discuss with your Loan Originator in detail.
The entire team from start to finish was so accessible, professional, kind. We enjoyed getting to know each and every one of you. You treated us with fairness and respect and we will definitely recommend you to everyone. Thank you for helping us get our dream home!
Juan has the patience of a Saint. He is extremely knowledgeable in his field and a pleasure to work with. He guided us every and every step of the way through the process. I have great confidence in Juan Bringas and would recommended him to everyone.
Pam has the most unwavering patience and professionalism. When I became worried and stressed she was the voice of calm and reason. We just love her and will recommend her to all of our family and friends for any future financial needs.
THANK YOU PAM!!!!!
This was my first time buying a home and I knew absolutely nothing and most of the time was overwhelmed but all it took was a phone call, text or email to Patricia and she was able to answer every question or concern I had. By the time I hung up I felt confident and excited!! She is very knowledgeable and explains everything in detail so that you understand every step of the way. She is an animal in her field and will definitely get you to that closing table. I would recommend her to anyone and everyone!!!!
Nigel help us all the way from the start till the end. Always giving us support calls and on point with everything. He took care the communication with he builder if there where any asap info needed at any time. With Nigel was a smooth experience for us.
Great job best broker we have had.
Mary and her team guaranteed they would get me to close on time when my relo financing said they were not certain they could make our 8/3 closing date. Mortgage Firm to the rescue. We had all the papereork done and wire trasnfer 3 days ahead of close...i was kept informed at every step. Highly recommend. They financed 2 homes in 1 year for me...and took a lot of stress off me.
Katherine's level of communication every step of the way was excellent. There was no need to call or follow up on the process as she was always ahead of the game.
I was very impressed with her efficiency and professionalism and would not hesitate to refer her to my clients.
The entire process from start to finish was actually very pleasant and streamlined. Most everything we could do from the comfort of our own homes (via internet) which allowed us to close quite a bit earlier than anticipated.
Thanks again to Barbara, Chris, and the rest of their team in helping us buy our home!
Mason and his TEAM are by far the BEST we have worked with during our 8 home purchases... Mason displayed the utmost professionalism, honesty, and is the definition of "say it and mean it"... Having inherited a mess from a previous mortgage company, Mason calmly said he could get our deal done and he came through!!! Besides being great at his profession, Mason is also a great person and it was a pleasure to work with him and shake his hand on our closing day!!! 100% RECOMMENDED! Lou & Kym Falco
I've bought several homes and am currently working with Micah to purchase our growing families home. Hes the best I have ever dealt with without a doubt when it comes to getting approved for a home loan. I wouldn't direct anyone to go elsewhere but to Micah.
oh the helpfulness was out standing I know a lot of people are behind the senices helping but I have to give two people a huge amount of credit and that would be Jim iooss and denise . they were so helpful and patient thru the whole process. they are wonderful professionally and personality were so friendly.
After speaking with several lenders, I was then referred to Joe. Unlike the others, Joe actually took the time to build a relationship. He was there every step of the way, with his knowledge, patience and honesty. He made my first home purchase a breeze! Even long after he has still been there with advice and answers. I am so happy I had Joe on my side through this!