Foundation Mortgage specializes in home mortgage purchase transactions. Our local licensed Mortgage Bankers will navigate you through the First Time Home Buyer process. We start with a thorough FREE mortgage pre-approval including a detailed analysis of loan quotes and mortgage closing costs. What types of Refinance programs are available?
When should I Refinance? Foundation Mortgage Corporation's licensed Mortgage Bankers are here to help you answer these and other important mortgage refinancing questions. Refinancing your home may be able to save you thousands of dollars over the life of your loan; or enable you to reduce your loan term or take cash out.
When should I Refinance? Foundation Mortgage Corporation's licensed Mortgage Bankers are here to help you answer these and other important mortgage refinancing questions. Refinancing your home may be able to save you thousands of dollars over the life of your loan; or enable you to reduce your loan term or take cash out.
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These two terms sound similar, but there is a world of difference between them. Many buyers get confused on what exactly this difference is, and it is this mistaken notion that often leads to disaster when a borrower believes they have been "Pre-Approved" for a mortgage when in fact they have not. Preparation is the single most important step you can take to ensure a smooth financing process.
We've curated a specific list for ALL of the items needed in order to help ensure that the process goes smoothly. Our list includes a checklist to assist you in the preparation of the supporting documentation for the Pre-Approval or Underwriting of your loan. You can view the document and download it for your records below.
As discussed in our article Pre-Qualified Vs. Pre-Approved, there are many benefits to preparation and going through a thorough Pre-Approval process prior to searching for homes and making an offer on a property. Below are the steps to getting pre-approved for a mortgage. The first step to the mortgage pre-approval process is to have a conversation with your Mortgage Banker.
Below is an overview of a typical purchase mortgage loan process. Depending on the type of loan you are applying for: Conventional, Jumbo, FHA, VA, & also the state and property type you are purchasing i.e. Condos have some additional requirements this process may vary. It's meant to give you an overview of what to expect and what transaction milestones you'll need to complete during the loan approval process.
The following is a list of things we've found over the years that come up commonly and could impact your loan application or approval. Please make a note of the items listed below and discuss any which may apply to your scenario with one of our Mortgage bankers. We are here to work as your advocate.
