Before you start looking for a home to buy, it’s a good idea to meet with your Loan Officer to get pre-approved for a loan amount. At this stage, the lender gathers information about income, assets and debts of the borrower (you) to determine how much house you may be able to afford. This includes a credit report, W-2 forms, pay stubs, Federal Tax Returns and recent bank statements. There are a variety of different loan programs, so make sure to get pre-qualification for the specific programs that best suit your needs.
We’ll help you find the best local loan officer to get you competitive rates and the programs that best fit your individual needs. Fill out this form and we’ll connect you with a lender today!
When you find property you’re ready to buy, your lender will help you complete a full mortgage loan application, and talk you through the various fees and down payment options. The application is submitted to processing, where the documents are reviewed and appraisals and title examination are ordered. Then the loan is sent to an underwriter, who reviews and approves the entire loan if it meets compliance.
Don’t be surprised if you’re asked for additional documentation or clarification throughout the process. Once your loan is approved, don’t forget to set up homeowners insurance. Your documents will be sent to the title company, where you’ll sign for the new home and pay any remaining costs. Then the loan is recorded and you get the keys. Congratulations, happy homeowner!
Keller Mortgage is a Nationwide Lender offering a Zero Plus Loan Program exclusively to our clients. Zero Plus means that they don't charge the traditional lender fees, like an Origination Fee, Processing Fee, Underwriting Fee, etc. And for loans over $150,000, they give you an additional $1,000! On average this is saving our clients $5,000. That's CASH they don't have to bring to closing!
How can they do this and stay in business? Keller Mortgage doesn't spend a dime on marketing so they pass that savings straight on to YOU, the customer, with competitive rates and no lender fees. They also order a Home Appraisal on day one of the contract, helping you close faster. And if you terminate that contract, you don't pay them back for that appraisal.
Jeff Aldredge | NMLS 134292
There is a financial component to every real estate transaction and being able to address client's real estate related financing needs is part of our strength. Through our lender, our agents are able to offer their clients access to a world class lender offering competitive rates to make every transaction a controllable and smooth one.