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Mortgages
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Find, Finance & Buy the Right Home!
Buying a home is one of the most important financial decisions you'll ever make. A home can be an excellent investment because most houses increase in value over the years. Home ownership also may bring tax benefits. (You can usually deduct mortgage interest and property taxes. Other deductions may also apply.) Just as important, the type of home you buy, its location, and the monthly mortgage payments you choose will shape your future and that of your family.
Give me a call today and I will help you select the Mortgage that best fits your needs.
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Ronda
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 Types of Mortgages
Most mortgages are offered at a variety of terms;
- Conventional
- Jumbo
- Adjustable Rate Mortgage (ARM)
- Fixed Rate Mortgage
Mortgage Terms To Know
Closing Costs Costs that the buyer of a home has to pay at the time of purchase. Closing costs usually include an appraisal fee, title search, lawyer’s fees, mortgage fees and other fees (such as one-year homeowner’s insurance and private mortgage insurance, if required).Closing Costs are in addition to your down payment
Private Mortgage Insurance
Insurance the buyer carries to guarantee that the lender is paid off if the buyer defaults (fails to pay insurance. It is generally required for all mortgages with less than a 20 percent down payment. The exact amount (usually a few hundred dollars) depends on the amount of the loan and the size of the down payment. |
Loan Application Checklist
I will let you know what information is required to make the mortgage loan process go as quickly as possible. Be sure to supply accurate information. A lot of information is needed at the time you apply for a home loan, so it's a good idea to begin gathering the paperwork you will need well ahead of time. I have created a checklist with some of the items you will need to provide.
- Picture ID
- Proof of Security number(s)
- Residence address(es) for the past 2 years
- Names and addresses of each employer for the past 2 years
- W-2s and last two pay stubs
- For each checking and savings account name of financial institution, address, account number, and balance: last 2 months statements
- For each current loan: name of lender, address, account number, balance, and monthly payment
- If you are self-employed: last 2 years' tax returns; year-to-date profit and loss statement prepared by an accountant continue on next page
- Loan information and address(es) of real estate owned
- Estimated value of furniture and personal property
- Certificate of eligibility or DD214s (VA only)
- Deposit for credit report and appraisal
Click here for the Home Mortgage Checklist |
Contact Us!
Call: 706-253-9600
Fax: 706-253-9612
Email:
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