How We Work

As a brokerage, it is our function to package your loan and both highlight its strengths, while minimizing its weaknesses.  Once your loan is packaged and ready to be properly presented to a bank / investor for fast approval, we will find you a very competitive rate and terms.

We pride ourselves on being both competitive and honest in our quotes.  We can always match or do better than the major banks in rate and terms.  In addition, our service is unequaled to any other.

We are aware that you may obtain a better quote from another source.  However, we most often find that those quotes or sources are misleading or misinformed as to the details of your particular loan transaction.  In any event, your loan must be fully underwritten and approved before your rate can be finalized and locked in.

REMEMBER:  A “ quote ” is merely a quote and a “ lock “ is a commitment to an interest rate.  We can close a purchase loan in two weeks if needed, and a refinance in three.  Most retail banks are currently running about 3 months are some even more.

Overview Of The Loan Process

1. Loan Pre-Approval 

Our loan pre-approval process is very comprehensive, thorough and accurate.

2. Selecting The Right Loan Program.  Loans come in many shapes and sizes. Deciding which loan makes the most sense for your financial situation and goals means understanding the benefits of each.

3. Applying For A Loan.  Below is a list of items for which documents are required when you apply for a mortgage. However, every situation is unique and you may be required to provide additional documentation. 

• Your Property Information
• Your Income  Information                                              
• Your Asset Information
• Your Debt Information / Credit

4.  Beginning The Loan Process.  Although lenders try and conform to standards set by government agencies, loan approval guidelines can vary widely. Much depends on the requested  terms of each loan and the individual situation of each borrower. No two loans are exactly alike.

Once your loan application has been received we will start the loan approval process immediately. Our loan processor will verify all of the information you have given us. If any discrepancies are found, either the processor or your loan officer will troubleshoot to straighten them out.

5. Closing Your Loan.  After your loan is approved, you are ready to sign the final loan documents. You must review the documents prior to signing and make sure that the interest rate and loan terms are what you were promised. Also, verify that the name and address on the loan documents are accurate. The signing normally takes place in front of a notary public. Your loan will normally close shortly after you have signed the loan documents. On refinance loan transactions federal law requires that you have 3 days to review the documents before your loan transaction can fund and close.