If you can’t find the answer to your particular question, feel free to give us a call below!
This is one of the most frequent questions borrowers like to know. The interest rate is composed of several factors; therefore, it is not the same for every borrower. These factors will include your FICO score, your Loan to Value, the type of property you are purchasing, and if it will be a primary home, second home, or investment home.
The process depends on the type of loan; on average, it will be 30 days for a standard loan, 7-10 business days for a private loan.
To know this, we need to conduct a pre-qualification. During the application process, we review your credit, assets, income, and other factors to let you know exactly how much you qualify for.
Credit scores may go down if they are pulled multiple times during a short period. We recommend for clients to not open ANY new credit, for themselves or as a co-signer.
Yes, unless your loan has a prepayment penalty, you should be able to make contributions to the principal and repay the loan quicker.
The Lenders will always take the lowest middle score of the borrowers. If you are planning on using a co-borrower only because they have a better FICO than you, it is not recommended.
A detailed history will be required for any large deposits received by a borrower’s account within sixty days of an application. Deposits of cash cannot be sourced and should not be received if trying to apply for a loan.
Yes! We specialize in assisting foreign nationals access loans in the U.S.
You can get a loan where the title of the property is under a company, yet most lenders still require a personal guarantee from the borrower.
This will vary on the type of loan, fill out an application, and we’ll contact you.
This will vary on the type of loan. However, a good faith estimate must be given to a borrower within three days after submitting a complete loan application. The Good Faith Estimate will have an estimate of the closing fees.
Closing costs are fees not included in the purchase price of a property. Some of these costs include charges for the mortgage loan such as origination fees, discount points, appraisal fee, survey, title insurance, legal fees, real estate professional fees, prepayment of taxes and insurance, and real estate transfer taxes.
We have a large selection of programs:
FREDDIE MAC, FHA, VA, FANNIE MAE, JUMBO LOANS, ASSET DISSIPATION PROGRAMS, 12-24 MONTHS BANK STATEMENTS PROGRAMS, CONDO HOTELS LOANS, NON-WARRANTABLE CONDOS, HARD MONEY, LOANS BASED ON PROFIT AND LOSS, LOANS FOR WAREHOUSES, CONSTRUCTION LOANS, COMMERCIAL LOANS, HELOCS, REFINANCES (CASH OUT OR RATE AND TERM), LOANS FOR BORROWERS WITH ADVERSE CREDIT HISTORY, LOANS FOR BORROWERS WHO ARE SELF EMPLOYED AND/OR HAVE LOW INCOME ON THEIR TAXES BUT HIGH REVENUE, LOANS FOR MULTIFAMILY PROPERTIES.
We provide specialized attention, and we work for you, not the Bank. Our goal is to find the best loan for you and get you approved.