Get Pre-Qualified
Time to Get Excited! Get Approved Today!
There are many new programs available to suit just about every need.
Our team will do their very best to assist you in finding the most competitive financing options available.
Before visiting open houses in your dream neighborhood or deciding where to put the couch in your dream home let’s work on the prequalification first. The prequalification process will get you closer to your goal of purchasing property. Be sure to contact us, our friendly, knowledgeable staff will assist you in making sure your home buying goals are in line with your financial situation.
The Loan Pre-Qualification is the FIRST STEP to obtaining a Loan Approval
- The pre-qualification process is the 1st Step to determining the maximum loan amount that a consumer can afford. The prequalification is based on data submitted by the consumer and reviewed by the lender. The objective is to perform an initial evaluation of the consumers creditworthiness. This process includes the lender ordering a recent mortgage credit report. The prequalifiation letter is crucial to successfully getting a purchase offer accepted. A buyer with a prequalification or preapproval letter from a lender in most cases is more appealing to sellers. These letters are generally accepted by real estate agents to consider purchase offers.
- The preapproval or conditional loan approval is the 2nd step. This stage is reached after a very extensive review of the consumers complete financial situation including verifying income, credit, employment and asset history. A Prequalification and preapproval both refer to a letter from a broker or lender that specifies how much the lender is willing to loan the consumer. Being preapproved or prequalified for a mortgage loan doesn’t guarantee financing but certainly places a prospective buyer in position of power to make offers that have a better chance of being accepted.
877-7-LOAN-47 OR 877-756-2647
Conventional and Government Loans:
Pre-qualification 24-48 Hours
- FHA 550 Min Fico Includes Cash Out
- VA 550 Min Fico 100% LTV-Includes High Balance
- Manual Underwrites OK* Max 40/50 DTI
- FHA Max DTI 56.9 with AUS approval LP/DU
- VA No DTI Cap with AUS Approval LP/DU
- VA 100% LTV Cash out- Includes Cash in Hand
- Non-Fico Occupying Co – borrower – FHA OK!
- Gift Allowed for Down-payment –
- VA IRRRL 550 fico Mortgage Only Credit report
- Manufactured Homes OK
- FHA Streamline 550 Fico No Appraisal Required
- FHA Streamline / VA IRRRL Mortgage only credit report OK!
Proprietary Non-Prime
- Up to 95% LTV
- Personal and Business Bank Statement Options
- Interest Only Options
- Non-Warrantable Condo’s
- Credit Event’s Ok
- Foreign Nationals Ok
- Competitive Pricing
Alternative Jumbo Products
SILVER – 40-year Interest Only—Max 50% Debt Ratio — Express Doc with 1-year Tax Return & P&L or Asset Utilization, 661 min FICO
ULTRA – Unlimited # of properties owned or financed, unlimited cash-out proceeds, 30- and 40-year Interest Only available.
RAPID INVESTOR – No Employment and No Tax Returns required, Non-Owner Only, Unlimited # of properties owned,
PLATINUM PRICING AVAILABLE FOR BORROWERS WITH FULL INCOME DOCUMENTATION