Precision Mortgage, Inc will do the hard work for you and find you the best possible loan for your particular situation. This will allow you to focus on your primary goal of either preparing to move into your new home or refinancing your existing home. We focus on making the whole entire process as hassle free as possible. These are some crucial steps to begin the process.
Step 1: Decide on the loan amount you will need
Finding the correct loan amount that you will need will allow for us to determine what kind of monthly payments you are looking at. Lenders will lend depending on your credit scores, employment history, and as well as your income and debt. This is where you can also find the mortgage calculator on our website to determine roughly where your monthly payments may be at. During this time we will be able to find you the most fitting loan amount as well as loan program after you answer a few questions for us. With the assistance of standard lender programs, we will be able to provide you with an idea of what kind of terms and loan programs you will expect to benefit the most from.
Step 2: Pre-qualifying for your loan & Apply now!
This is where we can step in and save you money. We will need information regarding your employment, assets, and your residence history. At this time we will need to obtain your credit report and score, but with your permission first. After reviewing the credit report information, we will then provide a letter of pre-qualification. This letter will be an important tool when you make your offer! Your real estate agent will be able to negotiate the best deal for your new home with this letter. While you're out browsing homes, we will be hard at work researching the best loan program that fits your unique situation.
Step 3:We make it easy!
Once you've signed an offer and the sellers have accepted, you now should apply for the loan. We make it easy at as you can apply online on our website. Can't get easier than that! When the time comes, we'll order an appraisal of your new home.
Step 4: Getting your loan funded
Your real estate agent and the seller's will coordinate to find an escrow/title company to handle the funding of your loan. We do all of the leg work to coordinate with the title company to set your date of closing. This will free up time for you as you will be able to concentrate of the moving logistics involving your new home.
Call us today at Precision Mortgage, Inc @ 206.920.1112
MLO # 112693 | Broker License # 110065 | 7109 114th Ave Se Newcastle, Wa 98056