We use your credit report to evaluate your mortgage request and determine how you have handled your credit obligations in the past.

Yes. Remember that lenders don’t just look at your credit history to determine if you qualify for a loan. They look at your willingness and ability to pay it off in the future. Don’t let your poor credit score keep you from reaching out to us.

If you plan to be in your home for more than seven years, you may want to consider a fixed-rate mortgage, which offers predictable payments and long-term protection against rising interest rates. If you plan to be in your home less than seven years,, an adjustable-rate mortgage (ARM) could be attractive. Keep in mind that, with an ARM, your monthly payments have the potential to go up any time interest rates adjust.

When you apply, you’ll be asked to provide the following:

• Social Security Number
• Pay stubs from the last two months
• W-2 forms from the past two years
• Bank statements from the past two or three months
• At least one year of federal tax returns (two is preferable)
• Information on all current debt, including car loans, student loans, or credit cards.

You may want to consider refinancing if you are interested in reducing high-rate debt, shortening the length of your repayment term or lowering your monthly payment.

It makes sense to refinance if:

• Mortgage interest rates are falling
• Your home has significantly appreciated in market value
• You’ve been making payments on your 30-year mortgage for less than ten years.

Yes. We offer a variety of options and will work with you to figure out the option that is best for you.

Cash-out refinancing can help if you want to consolidate high-interest, non-tax-deductible debt. Consolidating may even reduce your overall monthly payments.