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CHECK TODAY'S RATES
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Rates are at unbelievable low historical levels. Buy Now, as the market has adjusted to where homes are great values and the supply versus the demand favors buyers. Rates will be increasing as inflation is increasing as oil prices will drive inflation through the economy. Investor’s will require a premium to do 30 year fixed rate loans.
Put Power in Your Hands with our 24 Hour
Residential Pre-Qualification
Commercial Pre-Qualification
Before you even start shopping for a loan, let us pre-qualify you. The housing ratio should not exceed 25% to 33% of your gross monthly income. Your total debt ratio should not exceed 41% to 45% of your income. Income usually is documented with two years tax returns and two consecutive pay checks. Stated programs exist at lower loan to value.
SHORT SALES
Bank owned properties are in high demand. Most buyers want deals. These properties can take 4 to 9 weeks to get approvals from the banks that are selling. Customers buying these properties need to start early, be patient, and expect to purchase at 75% to 80% of the list price. Offers lower than that ratio are generally countered.
Credit Score
Do you know it. We offer a free credit report with an application. Knowing this and the requested loan to value allows us to provide a preliminary qualification.
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