Thank you for visiting my website!
The decision to purchase or refinance a home is an incredibly important one.
This is an exciting time for you, and I realize the mortgage process can be overwhelming and confusing sometimes. As your loan officer, I promise to provide the professional service you deserve. My #1 goal is your home loan approval. Period.
- Answer all your mortgage and home loan questions and to explain the process thoroughly.
- Help you to Identify the best loan option for your financial situation and personal needs.
- Assist in preparing your loan application and advocate for you during the approval and closing processes.
If you’re ready to take the next step toward a home loan, please fill out the simple online application or contact me today.
WHAT WILL YOU NEED?
Be Prepared! Here are the documents and info you will need for the loan process:
- Tax Returns - two most recent annual returns including W2s and/or 1099s.
- Pay stubs for past 30 days showing your year-to-date earnings
- Bank account statements (checking and savings - past two months)
- Account statements for other assets (CDs, 401K, Roth, IRAs, stocks, etc.)
- Divorce and/or child custody docs
- Bankruptcy documents (all schedules and discharge)
- Residential address and rental history/landlord information if renting
- Drivers license and social security card
When you're ready, let's do this!
DOs and DON'Ts
It is important be good candidates for loan approval both before applying and throughout the entire application process. As a potential homebuyer or home loan applicant, here are things you can do to support your loan application and increase your potential for loan approval.
Things you should do:
- Do talk with an experienced loan officer early in the process to review your credit history and to determine your home loan options.
- Do prepare by having your income and current debt documentation ready. Your loan officer can help you decide the new home price range or loan option that fits your financial situation.
- Do work with your loan officer to review your credit report and credit score, and make any corrections to inaccurate information.
- Do continue paying all current debts as scheduled and on time, including your current mortgage or rent.
- Do get pre-approved, it helps you to identify a home in your price range and provides assurance to sellers that you mean business.
- Do delay all other loans or debt (auto, personal, credit card) until after you've closed on your new home loan.
- Do talk with your insurance agent once you've identified a home to get a quote on the property.
- Do contact your loan officer with any questions or if your financial situation changes in any way.
- Do enjoy yourselves! Finding and buying a home is fun!
Just as important, there are mistakes you can make during the loan process that could have a negative effect on your loan. These mistake may result in a reduction in the amount of financing you qualify for, in a higher interest rate on your loan, or cause a lender to reject your loan application. Be careful to follow these suggestions.
Things to avoid:
- Don't apply for new credit or loan, or allow your credit to be pulled by other creditors.
- Don't transfer funds from one bank account to another.
- Don't make any unusual deposits into your bank accounts, but do continue with normal payroll deposits.
- Don't change banks or create negative balances or overdrafts on your bank accounts.
- Don't change employers or start a new business.
- Don't alter your current financial or debt situation - doing so may negatively affect home loan approval. (Talk to your loan officer if you have ANY questions about this one.)
- Don't let the list of "Don'ts" worry you, together we can navigate the loan process successfully!