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How do I begin the loan process |
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Easy, Either complete your application on our website, or call us at (6300499-1900 to begin. We'll take it from there. |
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Q
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Why do some programs say 0 costs? |
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There is a difference between "no closing costs" and no "out of pocket" costs. Many times you are paying the costs but they are "rolled" into your loan amount.(This is no out of pocket) Other times, the broker or lender "cover" the costs for you at a slightly higher rate(this is a no cost) Both are acceptable ways of structuring your loan, our loan consultants can calculate which is better for you. |
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What is the time frame from start to finish? |
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This is a common question. Most often the transaction doesn't take longer than a few weeks. However the volume in the industry at the time you apply can affect the turn around time. The better prepared you are the quicker the transaction will be completed. |
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What type of fees will I be responsible for? |
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At the time you apply, we normally collect the appraisal and credit report fee. (approx $320.00) the remainder will be collected at closing. If you are doing a no cost or rolling your costs in, then those inital fees will be credited to you at closing. |
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Can I get a loan if I have credit problems? |
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Yes. There are many loan options available today. Even if you have had a bankruptcy or foreclosure. Call one of our experienced loan consultants to get more details. |
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