We recognize that you don’t apply for a loan every day. Whether it is your first time applying or not, our experienced team is here to help guide and connect you to the mortgage experts in our community.
There are many options to consider for a mortgage, some conventional and some not. The key is finding the loan right for you. Below are a couple of sources you might consider:
USDA Rural Housing Loan
Finding a mortgage lender that suits you should be about more than just the right mortgage rate. You want to work with people you trust to guide you through the process and help you understand each step along the way.
Below are five tips for shopping your loan:
Get your credit score in shape. The higher your credit score, the more bargaining power you’ll have.
Know the local mortgage lending landscape. Know what is available in our area and what loans are options for you.
Compare rates. Don’t just take the first offer that comes across your plate; it is OK to shop your loan!
Ask the right questions. Find out about communication, fees and requirements.
Read the fine print. Principal and interest payments aren’t the only costs of homeownership, so make sure you take the time to ask questions and understand the terms and commitments of the entire package.
A lender will generally start by asking for some basic information about you and your financial history. They may request such items as:
Past two years FEDERAL tax returns (signed and dated)
W-2’s or 1099’s to support tax returns
Paystubs for the past two months
Copy of Driver’s license for all applicants (or a state issued ID)
We believe in being available to you and welcome hearing from you. Feel free to drop by our office, give us a call or fill out the form to contact us today.