Mortgage and Pre-Approval Information

Did you know:

A family of five can buy a $400,000 home with truly zero down? At 6% interest or less? With no monthly PMI?

You can get up to $35,000 dollars to do any work on the home you are purchasing?  Including new roof, furnace, window, kitchen, carpet, bathrooms….anything except an addition or major structural repair, included in your loan?

You can buy a HUD home or Fannie Mae foreclosure with no appraisal and drastically reduced closing costs?

The seller can pay your closing costs?

If you were laid off and now back to work you can still qualify for a mortgage?

These are some of the Smart, Easy, Sane ways to finance your new home. Everyone is different, and every home is different as well. We work with state licensed mortgage brokers to provide consistently excellent service to our clients.

A consultation with a good loan officer is well worth your time, perhaps a pre-approval is not what you need. Perhaps an evaluation of your options would suit you better, what are your options for cash investment? Should you put down enough to avoid Jumbo rates and underwriting hassle? Would the process be smoother with one lender than another? All questions good loan officers can handle. And quite frankly we only put the names and numbers of good ones on our site!

Maybe staying in your current home and refinancing is the way to go, it is easy to find out!

At ChangingStreets.com we know It is in your best interest to get pre-approved for a home loan. You will then know for how much you qualify, and to determine how much home you can (or want to) afford.  This process will greatly assist you bidding and/or negotiations.

How to get pre-approved….Call or Email

As one of the highest volume and quality buyers companies in the state we deal with a lot of mortgage companies, our consumer satisfaction results have identified the following as always going the extra mile for thier clients:

   
 
Dione Oliver, 810.625.7381  
doliver@rossmortgage.com

Dione has also closed a lot of deals for our ChangingStreets.com clients, she is passionate about helping her clients and delivers.

Call Dione or email her and make sure to put ChangingStreets.com in the subject line!

Approvals are determined by YOUR UNIQUE CIRCUMSTANCES (credit, income, job history, assets, etc), and there is no way you could know for sure what the outcome will be until you apply.  A prequalification can take a short amount of time with a good loan officer (15 MINUTES).  

A pre-approval letter is issued based on the information you provide on your loan application and having a loan officer review this application along with your credit report.  It is assumed that the documents you eventually submit when you find a home you want will support what you said on your application (W2’s, paystubs, account statements, etc).  We do not need the actual documents in order to issue you a pre-approval letter.  If you are really serious about buying, start now and get the complete process going.

How the letter is written can also help you in negotiations – Ask us what this means.

Co-signers, gifts, improvements to your credit score, paying off debt, etc. etc, etc, could all be part of what could help you get approved now or in the future.
Losing your job, changing jobs to a “new” position, deciding to quit and become your own boss, taking on new credit just before you apply, not preparing far enough in advance of when you want to purchase to deal with unforeseen circumstances, etc. etc. etc. could all be part of what could keep you from getting approved.

Your Offer Is Taken More Seriously – Empower Yourself!

When you are shopping for a home, sellers and their realtors will take your offers more seriously (some realtors won’t even begin negotiations without a prequalification letter), and your offer will be considered stronger when you supply this documentation.  It could even make the difference in you winning in a bidding war!

Please email or call to start the pre-qualification process. As with all contact with ChangingStreets.com your information will be kept strictly confidential.  ChangingStreets.com is in no way compensated for your home loan. ChangingStreets.com is trying to make the mortgage process smart, easy, sane.