Home loans that fit your life

Whether you’re purchasing or refinancing, we’re certain you’ll find our service amazing!

If you’ll be purchasing but haven’t found the perfect home yet, complete our application and we’ll issue an approval for a mortgage loan now with no obligation!

First, 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 instant approval. If your application is approved online, we’ll ask you for a deposit to cover the cost of the appraisal on your home so that we can begin to process your request immediately. This deposit will be credited towards your closing fees at closing.
After completing your application, a Loan Officer will contact you to introduce himself or herself 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, he or she will 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 whom 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’re purchasing a home, we’ll work with the real estate broker or seller to ensure 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 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 received the application package back from you and the appraisal and 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 so that there won’t be any surprises at closing.

That’s all there is to it! You’re on your way to the most convenient home loan ever!

A 15-year fixed rate mortgage gives you the ability to own your home free and clear in 15 years. And while the monthly payments are somewhat higher than a 30-year loan, the interest rate on the 15-year mortgage is usually a little lower. You’ll also pay less than half of the total interest cost of the traditional 30-year mortgage. 

However, if you can’t afford the higher monthly payment of a 15-year mortgage, don’t feel alone. Many borrowers find the higher payment out of reach and choose a 30-year mortgage. It still makes sense to use a 30-year mortgage for most people. 

Who should consider a 15-year mortgage?

The 15-year fixed rate mortgage is most popular among young homebuyers with sufficient income to meet the higher monthly payments to pay off the house before their children start college. They own more of their home faster with this kind of mortgage, and can begin to consider the cost of higher education for their children without having a mortgage payment to make as well. Other homebuyers, who are more established in their careers, have higher higher incomes, and whose desire is to own their homes before they retire, may also prefer this mortgage. 

Advantages and Disadvantages of a 15-year mortgage

The 15-year fixed rate mortgage offers two big advantages for most borrowers:

• You own your home in half the time it would take with a traditional 30-year mortgage
• You save more than half the amount of interest of a 30-year mortgage. Lenders usually offer this mortgage at a slightly lower interest rate than with 30-year loans. 

Disadvantages of a 15-year fixed rate mortgage:

• The monthly payments are roughly 10 to 15% higher per month than a 30-year loan
• Because you’ll pay less in interest on the 15-year mortgage, you won’t have the maximum mortgage interest tax deduction possible. 

We take full advantage of an automated underwriting system that allows us to request as little information as possible to verify the data you provided during your loan application. Gone are the days when it was necessary to verify every piece of data collected during the application. The automated underwriting system compares your financial situation with statistical data from millions of other homeowners and uses that comparison to determine the level of verification needed. In many cases, a single W-2 or pay stub can be used to verify your income or a single bank statement can be used to verify the assets needed to close your loan.

Yes, applying for a mortgage loan before you find a home may be the best thing you could do! If you apply for your mortgage now, we’ll issue an approval subject to you finding the perfect home. We’ll issue a pre-approval letter online instantly. You can use the pre-approval letter to assure real estate brokers and sellers that you are a qualified buyer. Having a pre-approval for a mortgage may give more weight to any offer to purchase that you make.

When you find the perfect home, you’ll simply call your Loan Officer to complete your application. You’ll have an opportunity to lock in our great rates and fees then and we’ll complete the processing of your request.

There’s no cost at all for completing our application. After your loan is approved, you can decide whether you want to pay the application deposit to cover the cost of the appraisal and final credit report so you can lock in an interest rate and we can begin to process your request. 

An abundance of credit inquiries can sometimes affect your credit score since it may indicate that your use of credit is increasing.

But don’t worry! The data used to calculate your credit score doesn’t include any mortgage or auto loan credit inquiries that are made within the 30 days prior to the score being calculated. In addition, all mortgage inquiries made in any 14-day period are always considered one inquiry. Don’t restrict your mortgage search due to concerns about its impact on your credit score.