Mortgage Financing Information

Set up your financing strategy
Want to check your credit scores, find out how much your payment would be, or shop around for the right mortgage program for your needs? Just send us a message telling us how you prefer to be contacted. We will have one of the loan officers we work with get in touch with you right away.

Even if you are not an American citizen, you may be able to get a mortgage to purchase real estate, whether as a second home or an investment. This allows you to use less of your capital as a down payment and also benefit from leverage. More details are on the page for foreign buyers, or you can contact us for more information.

How to make it from application to closing
You've applied for a loan and we’ve found the home you want. What's next? Here’s how to avoid common pitfalls that could delay or even cause your loan to be denied. 

• Know and understand the terms of the loan you have been pre-approved for. Your loan officer should provide a letter for us to submit with your offer to show the sellers you are able to purchase their property.
  
• Don’t make any large purchases or finance anything. Do not co-sign loans for anyone. The lender will update your credit report just before funding your loan. The lender’s underwriter will review any new debts or inquiries on your credit report to make sure you still qualify for the loan. 
  
• Limit large deposits to your accounts, or notify your loan officer to expect them. The lender will require updated bank statements just before closing. It is vital that your balances remain consistent; any unexplained large deposits or withdrawals would require another review by the underwriter.
  
• Transfers of money from one investment account to another must be documented. If you are transferring funds from an investment account to your bank account for your home purchase, make sure your loan officer knows this. Be prepared to document the source of the funds and the terms of the transfer.
  
• Job changes or changes in the way you're paid will affect your loan. Switching from base salary to a commission-only pay structure, for instance, could cause your loan to be denied.
  
• Let your loan officer know about any anticipated changes in your income. The lender will call to verify your employment before the loan closing. Make sure you give your loan officer a current phone number to your human resources department to avoid delays in your closing.
  
• Keep your income, banking, and other financial information handy. Don’t pack up your tax returns, bank statements, pay stubs, or other documents such as divorce decrees or leases on any rental properties. 
  
• Disclose all of your debts to your loan officer. If you purchased or financed an item that doesn’t appear on your credit report when you apply for the loan, notify your loan officer. You’ll need to provide a copy of the financing agreement. If you pay child support or alimony, tell your loan officer and be ready to provide documentation. 
  
• If you are going out of town, make sure you notify us. Additional documents or signatures may be needed, and we need to be able to contact you throughout the loan process.

If you have any questions about the process from contract through funding, just contact us. It can be complicated and sometimes exasperating! We have been through it many a time, though, and we'll make it easier for you. 

Our professional team
We do business with other honest, dedicated professionals who are experienced in residential and commercial lending, title work, real estate inspection, repairs and remodeling small and large (including foundations and roofing), painting, landscaping, flooring—you name it. 

We don't get anything back from any of the service providers we refer our clients to, except the occasional lunch (or margarita). Our goal is to give you excellent service during the whole real estate transaction. That is why we count on these people. You can too!

Mortgage Calculator

Estimate your monthly mortgage payment with principal, interest, property taxes, insurance, and HOA.

Mortgage Financing Disclaimer: This page is provided for general informational purposes only. Unless specifically stated on this page, we are not a lender, mortgage broker, loan originator, or financial advisor. Any mortgage calculator results are estimates only and are not a loan quote, approval, commitment to lend, or offer of credit. Buyers are free to choose any lender or settlement service provider. Any lenders, mortgage brokers, or loan originators referenced or linked on this page are provided for convenience only, are not required, and are not endorsed. We do not require the use of any particular provider and do not receive referral fees, kickbacks, or anything of value for mortgage or settlement service referrals.