Mortgage & Financing

Mortgage Services

Most homebuyers rely on finding a reputable mortgage lender that will pre-approve them for financing at the beginning of their home search and help them obtain the monies they need to purchase the home of their dreams. Home buyers also need a lender that communicates with them and explains the waves of paperwork that can accompany the purchase of a new home.

Resource Realty Services is privileged to work with a highly skilled loan officer located in our area. This mortgage company aims to provide financing for all our client's with a complete menu of services designed to remove the "complications" of home buying.

The company that we work with can provide a number of mortgage services including:

• ARM loans
• Jumbo loans
• Interest Only loans
• VA loans
• Land/Lot loans
• New Construction
• Renovation/Purchase loans

Starting the Loan Process

It is important as a buyer that you establish some kind of financing before you make any kind of serious offer. The "pre-approval" process allows lenders to take a look at your finances and credit history in order to make a general assumption about your loan amount.

Know your credit score.

The pre-approval process is when a lender looks at all of your finances and determines the amount of money you could afford for a mortgage.

In order to get pre-approved for a loan, you need to contact a lender. Your agent can help you help you find a lender that you feel comfortable with and that offers programs best suited to your needs.

Financing

Doing you homework about loans will save you time and money. There are thousands of loans out there to choose from, but it is important to keep in mind several key factors that will help you along the way:

• How much money should I put down?
• How is your credit?
• Is this your first home?

Receiving a loan requires completion of a loan application and specific financial documents, including pay stubs, rental checks and/or tax returns. You can receive a loan from a number of different financial institutions, namely: commercial banks, credit unions, mortgage bankers, mortgage brokers, savings and loan associations, mutual savings banks and insurance companies.

 

Let our preferred Loan Officer take the hassle and confusion out of the financing process.