Mortgage Refinancing 

Now that you have made the smart decision to purchase or refinance your home or commercial property, let one of our financial lending experts assist you in navigating the ins and outs of the process successfully.  Whether you are planning to apply over the phone, or meet personally with one of our experienced and skilled financial lending representatives, it is always good to know what to expect and plan for so that you are better prepared to steer the process successfully.

Whether you are applying the first time for a mortgage or changing lenders, there are important steps, which are essential in moving your application forward successfully.  Be prepared to provide evidence of your income, identity and your current address.  Letters of reference from a property owner or previous lender is also helpful.  In order to determine income verification for the self-employed, you may be able to acquire a self-certification mortgage.

• Banking and Checking Account Statements
• Income Verification for Gross Income 
• Relative Pay Stubs
• Tax Forms and W-2 Forms
• Other Relative Income Information
• Asset  Verification Information
• Credit Card Statements 
• Federally Issued Social Security Number
  

An experienced and qualified lender will be able to assist you in the various aspects of loan amount determinations and down payment options; however, having something in mind ahead of time can help expedite the loan process when seeking mortgage refinancing.

• Credit Score
• Income (Income Type)
• Type of Property Involved

A second mortgage or mortgage refinance is a brilliant way to get fast needed funds for any unexpected expenses such as, home repairs or emergency expenses.  An interest only mortgage offers the property owner or homeowner the chance to make a lower than normal monthly mortgage payment.  A practiced and competent mortgage lender will be able to help you in a variety of features to help you get the loan amount specifics and down payment options; however, having something in mind ahead of time can help expedite the loan process when looking for mortgage refinancing.