At Financial Home Associates, we are dedicated to making the mortgage process fast, easy and comprehensible, regardless of how you earn your income.
Below are the basic steps in this process from start to finish. If you have questions about our mortgage process, you can ask our friendly loan experts during your consultation.
The mortgage process begins when you call us at (805) 402-5302 to schedule your consultation. You will be able to explore your loan options and learn about the mortgage process in detail at this time. You tell us about your financial scenario and goals, and we offer personalized recommendations for lending products. Once you decide on a mortgage type, you can move forward with the application process.
At this point in the process, we pre-approve you for a mortgage. You can use the letter of pre-approval we provide to show sellers you are serious. It is also easier to direct your home search once you have the letter, because it gives you an estimate for what you can afford.
Next, you submit your loan application and provide us with your documents. If you are a traditional employee, you will turn in a W-2 to show us your income. One of our specialties at Financial Home Associates is the work we do with self-employed borrowers, investors, entrepreneurs, and others who cannot tell the full story of their income with a W-2. For these borrowers, we offer an alternative process where you show us bank statements rather than a W-2. It is quick and easy, and will move you through the loan process as smoothly as if you were a regular employee.
Appraisal and underwriting take place next, but these happen on our end. All you need to do is continue shopping around for your dream home.
You are now nearing the final stages of the lending process, but you are not quite ready to receive final approval. At this stage, however, you do receive conditional approval and a loan commitment.
Pending documents might be required, in which case we will let you know so you can provide them.
Now you receive final approval on your mortgage from the underwriter.
The big day is here. You can close and receive the keys to your home. All that is left to do is move in.
Want to learn more about our mortgage process, or submit an application? To kick-start the mortgage process, please give us a call today at (805) 402-5302 to schedule your mortgage consultation. We work with homebuyers and homeowners in Oxnard, Ventura, Santa Barbara, Los Angeles and throughout California.
“I have worked with Craig Maltman for many, many years. Feels like both grew up in the business! He is still my leder of choice. He returns call promptly of all house of the day and often night (and that is rare with todays lenders) and pulls off the impossible to get that all important loan approval. Try him and he will be your lender of choice for ever”
Craig was wonderful to work with. He is responsive and made the process as seamless as possible. Would definitely go to him again for future lending!
Craig was extremely helpful and totally there every step of the way through the whole process. He was very transparent and completely honest with everything he did for me. He was very knowledgeable and fast. I would (and will) use Craig again for any and all future transactions!
Craig helped me refinance my home. He got me a great rate and shaved 14 years off my mortgage with a negligible increase in my payments. Working with him was so easy, he is a great communicator and has always been available for questions. I would recommend him wholeheartedly.
I have had the pleasure of working with Craig for 5 years now. When my previous broker decided to close his lending division, it came as a surprise to the entire team. However without hesitation, Craig offered to take our team under his wing so that we were able to continue operating seamlessly without missing a beat. He is an extremely knowledgeable broker and a great leader, constantly adding new lenders so his entire team of loan officers can continue to offer our clients the best product options on the market. He also asks all of us for feedback when making decisions that affect the group which not all business owners do. Craig is not only a pleasure to work with, but a truly great person as well!
I have worked with Craig Maltman for many, many years. Feels like we both grew up in the business! He is still my lender of choice. He returns calls promptly at all hours of the day and often night (and that is rare with todays lenders) and pulls off the impossible to get that all important loan approval.Try him once and he will be your lender of choice for ever.
If you want your loan to close, this is the place! Craig has helped clients achieve homeownership dreams that they did not believe possible. If you want a hard working lender; who thinks out of the box, look no further.
If you are ready to apply now for a flexible home loan in Oxnard or elsewhere in California, Financial Home Associates is standing by. To get started now, please give us a call today at (805) 402-5302 to schedule your mortgage consultation.
Financial Home Associates 1000 Town Center Dr #525 Oxnard, CA 93036
Financial Home Associates is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.
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