The Road To Your Refinance
START WITH THE END IN MIND When you begin working with a loan officer at (name), the first thing we’ll figure out together is how your home fits into your overall financial plan and what you are trying to accomplish – both in the short term and long term. We’ll work together to clarify your current situation, identify your ultimate destination and then put together a route to get you there.
GET IT TOGETHER If it’s been a while since you purchased or last refinanced, you will need to start collecting updated financial documents, such as tax returns and pay stubs, and we’ll pull your credit report. Not only will this provide a clearer picture of your current financial situation, you will also be able to identify (and correct) any unforeseen errors that could affect your credit score or some other qualifying calculation.
DO THE MATH Even though a lower rate is certainly part of the equation, it’s not the only factor to consider when deciding to refinance – and we can help! With numerous programs, various interest rates, credit ratings, term lengths, closing costs and housing values, the only way to truly determine if the pros outweigh the cons is to let (Name) do the math.
FIND THE RIGHT FIT There are many loan options to consider: the type of program, a variable or fixed rate and the term length. Rest assured because our experienced loan experts are trained to match you with the loan package that works best for you.
CLOSING IN ON CLOSING DAY After selecting a type of loan and determining the terms that work best, there is often some lag time between when your application is submitted and your closing date. Rest assured; at (Name), we’ll keep you informed throughout the entire process. Should there be any additional information needed, we’ll let you know immediately.
At (Insert Name) our experienced team of dedicated mortgage specialists will be there every step of the way to guide you through the financing process. Working together, we’ll explore and discuss your loan options and help you make a well-informed decision about taking that next step.
Experience has also shown us that there are certain actions that can impact every home financing journey. Follow these simple but important “Rules of the Road” and you’ll have a better chance of avoiding potential roadblocks.