TO CONTACT ME CALL OR EMAIL ME:

Ken Roe, Senior Loan Officer

NMLS: 245106 

Tel: 909-557-3463 

Email: ken@justhomeloans.com

10620 Treena Street,  Suite 230

San Diego, CA 92131

© 2018 by Greenkey Mortgage
NMLS:  1276471

ALTERNATIVELY YOU CAN FILL

IN THE FOLLOWING CONTACT FORM:

HOME LOANS FOR PURCHASE

What's Involved in Buying a Home?

QUALIFYING FOR A HOME LOAN

There are two basic factors used to determine whether or not you will be approved for a mortgage:

Your ability and willingness to repay the loan.

 

Your ability to repay a mortgage is based on your income and your job stability. Generally speaking, I prefer that you be employed by the same company for two years or that you have been in the same line of work for three years.

Your willingness to repay the mortgage is determined by how you have fulfilled your previous financial commitments. That is why a credit report is necessary.

 

It is important to remember that each applicant is evaluated on a case by case basis. This means that although a loan program may be right for you, it may not always work for someone else. I am proud of the fact that I have helped hundreds of people become homeowners, and you can trust that I will do everything possible to see that your loan is approved.

 

WHERE DO YOU BEGIN?

1) Complete a Pre-Approval Application
Becoming pre-approved before starting your home search can be very beneficial for you. First of all, it allows you to find out exactly how much home you can afford. In addition, most sellers prefer pre-approved buyers because they are less of a risk. Finally, you can generally close and move in sooner since the approval portion of the loan process has already been completed.

2) Pre-Approval Processing
(Verifications & Determinations)
• Employment
• Bank Accounts
• Prior Mortgage
• Credit Reports
• Liens

3) Obtain Your Pre-Approval Letter

4) Locate A Property
Attend open houses and/or have your agent check the MLS daily for any properties new on the market.

5) Make an Offer
Your agent will help you complete a purchase and sale agreement, 
and present your offer to the seller.


WHAT HAPPENS AFTER YOUR OFFER HAS BEEN ACCEPTED?

1) Loan Processing
(Verifications & Determinations)
• Fees & Commissions
• Bank Accounts
• Appraisal
• Taxes 
• Homeowner's Dues
• Underwriting
• Mortgage Insurance

 

2) Title Insurance
(Research)
• Taxes & Legal
• Title Search
• Examine Prior Title
• Issue Commitment
• Record Documents
• Issue Policy

 

3) Documentation Preparation

I will draw up all loan documents and send them to your escrow agent.


YOU'RE READY FOR CLOSING!

 

1) Escrow Agent
This is the third party who conducts the closing procedures.

2) Record and Disperse Funds
Documents are recorded, making you the new legal owner of the property. The seller gets paid for the home at this time.

3) Move In!
Make sure to replace all the locks and enjoy your new home.

 

 

Call me at 909.557.3463 or apply online for personalized home financing solution.

READY TO APPLY YET?