Before you start looking for a home to buy, it’s a good idea to meet with your Loan Officer to get pre-approved for a loan amount. At this stage, the lender gathers information about income, assets and debts of the borrower (you) to determine how much house you may be able to afford. This includes a credit report, W-2 forms, pay stubs, Federal Tax Returns and recent bank statements. There are a variety of different loan programs, so make sure to get pre-qualification for the specific programs that best suit your needs.
We’ll help you find the best local loan officer to get you competitive rates and the programs that best fit your individual needs. Fill out this form and we’ll connect you with a lender today!
When you find property you’re ready to buy, your lender will help you complete a full mortgage loan application, and talk you through the various fees and down payment options. The application is submitted to processing, where the documents are reviewed and appraisals and title examination are ordered. Then the loan is sent to an underwriter, who reviews and approves the entire loan if it meets compliance.
Don’t be surprised if you’re asked for additional documentation or clarification throughout the process. Once your loan is approved, don’t forget to set up homeowners insurance. Your documents will be sent to the title company, where you’ll sign for the new home and pay any remaining costs. Then the loan is recorded and you get the keys. Congratulations, happy homeowner!
I am the manager of Fairway Independent Mortgage, and I have been in the mortgage industry for over 12 years. I believe I hold myself to a level of honesty and integrity that will help put you at ease during your home mortgage transaction. I integrate my faith into every aspect of my business model and I’m truly dedicated to serving my clients.
With the ability to offer a full range of mortgage services that you may not find everywhere else, you can be sure I have your best interest in mind. It is also priority for me to stay current on lending requirements and today’s real estate market to help you secure a loan that is perfectly tailored to your situation.
Not only do I have the knowledge and expertise you need, I take that extra step to make sure every transaction is given the attention it deserves. My aim is deliver the service, speed and satisfaction that Fairway is known for with proven success year after year
Phone: (425) 835-2610