CHEER SQUAD
thank you so much for all your hard work.
Christopher R
Mar 11, 2023
Communication and dedication
Kodie C
Feb 25, 2023
Glenda helped me through every aspect of refinancing my house. It was the first time I had to do it, since I was going through a divorce. And I appreciate it her being there to answer any questions I had.
Elizabeth W
Feb 23, 2023
There were so many variables that were happening at once. Glenda and her team went above and beyond and always put us first. They look out for the customer and that goes a long way with us. We highly recommend her!
Sandra E
Dec 17, 2022
Experience was great!
Matthew O
Nov 30, 2022
Great communication always answered all my questions and helped any way they could. Very great people to work with!
Emilio M
Aug 16, 2022
Everything! Thank you so much for making the experience easy and pleasant! -Ash
Ashley S
Jun 20, 2022
Very helpful all along the way. Explained it easily for a new home buyer
David A
Jun 18, 2022
Make it happen/don’t give up attitude! Awesome job Glenda!
David M
Jun 17, 2022
The whole process was terrific
Joshua S
Jun 13, 2022
Professional and prompt
Misty S
Jun 04, 2022
Because we thought we already had mortgage set up and when we found out we did not you made it happen in a very short time. We are very thankfull for that.
Richard Herrman
Richard H
May 16, 2022
All the services I received from everyone
Ryvan B
May 16, 2022
We had 2 weeks to pull everything together and Glenda gladly made it happen !!! I am so blessed to have had her on my team !!!! Glenda and Morgan were on it from the get go !!!! I love them for there Support !!!
Diane H
May 16, 2022
Glenda and Morgan were very efficient and courteous! They made the entire process extremely pleasant & stress free!
Donald H
Mar 07, 2022
Glenda made it so easy for us going through all the processes. Communication was easy with email, text or phone calls. Any concerns were answered quickly.
Amy T
Feb 16, 2022
Glenda did an amazing job at doing everything in her power to help guide us through the loan process and make sure we closed asap. Awesome person to work with.
Tommy B
Feb 12, 2022
Glenda and her team never stopped trying every time there was an obstacle. The communication was always prompt and questions were quickly answered.
Kayla B
Feb 07, 2022
Glenda was well informed and happy to put in many hours of research to find exactly what we needed for our refinance. What a blessing she is for the world
Orsen P
Jan 22, 2022
Glenda and her team were accessible 24/7 which made the process extremely easy and transparent. They helped coordinate all parties involved which made the closing as easy as possible.
Leslie P
Jan 13, 2022
Glenda and her team were wonderful to work with. They were so helpful and understanding with all the questions we had. They answered all of our questions and appreciated that we asked them. We appreciate all the help and information that they gave us. It was a great experience and we would recommend them to friends, family and clients.
Bettina S
Jan 02, 2022
Glenda and Morgan were amazing to work with and went above and beyond. They were easy to communicate with and were amazing at keeping us in the loop.
Diane T
Nov 17, 2021
Knowledgeable about VA loans, fast and responsive through the process. Thank you!!
Jackson G
Nov 01, 2021
Glenda is a true professional who goes out of her way to take special care of her clients!
Kenneth R
Oct 21, 2021
The constant communication made it easy to know where we were at in the process.
Kristy W
Oct 07, 2021
Glenda was great to work with! She accommodated my busy schedule, and communicated through the whole process.
Katrina S
Oct 02, 2021
From start to finish, our experience starting with Glenda White and then onto the rest of the team from Verity including Morgan Fimpel went flawless. I realize a refinance is a lengthy process but they all made it seem like a walk in the park. I would highly recommend each and every one of them. Thank you to all of you!!
Kara E
Aug 31, 2021
Glenda and her staff make transaction very smooth , great too work with
Derek J
Aug 27, 2021
My communication with Glenda was outstanding. She went out of her way to update me on everything happening with my refinance and what to expect. I was very impressed with her customer service and her dedication to making sure everything was moving along with the process.
Kelli W
Aug 09, 2021
Glenda made the process of refinancing our home a easy process. She takes great care of her customers.
Susan P
Jul 27, 2021
Glenda was fantastic to work with! She works like I do & is always available when questions pop up. We were kept in the loop constantly & closed on time!! Perfect transaction!!
Katrina M
Jul 20, 2021
Open communication. Very informative and answered questions every step of the way. I would recommend Glenda and her team to anyone buying a home.
Jack J
Jul 20, 2021
It was great working with Glenda specially since this the first time I'm buying house. She answered all my questions and made sure I understand every step of the way. It was very long process but thank god she was there she guided me all the way through it . She great and will definitely use again on the future
Zeinab M
Jun 09, 2021
It was great working with Glenda. She made the refinancing process so easy and smooth. I loved that she always got back to you in a timely manner and communicated to us through the entire process.
Crystal G
Jun 08, 2021
The ultimate personal loan experience! Have never felt more comfortable going through a financial process than we did with Glenda and her team. She had all the answers before we even thought to ask the question. 10 stars all the way!
Carole B
May 10, 2021
Glenda being super knowledgeable and how she was able to communicate to make it understandable and easing anxiousness of the entire process.
Rachel E
May 07, 2021
Very responsive and respectful on all aspects of the process.
Diego M
Apr 23, 2021
The hard work dedication including nights and weekends to hold this deal together were invaluable.
A transaction that had more holes in it than Swiss Cheese.
Glenda had the determination and drive to make it happen - thanks for getting it to the closing table.
Always our ultimate goals :)
Tara S
Apr 13, 2021
Glenda made the process so easy and maintained the perfect level of communication throughout the process.
Joni H
Apr 02, 2021
Glenda and team were very pleasant to work with. The turnaround time to get what ever needed to be done on the loan was amazing. I sincerely enjoyed working with Glenda!!
Marion C
Mar 18, 2021
she guided me all the way through it, every time something needed to be done she let me know what to do, anytime there was something we couldn't find a way to get she help me find a way to take care of it, she was willing to go out of her way to come get things instead of asking me to bring it, and most of all very friendly very nice very easy to work with, wish everything went this way!!!
Royce W
Mar 16, 2021
Great service and a fast closing.
Christopher H
Mar 09, 2021
Our refinance with Glenda was seamless! All communication was quick. She answered every one of our questions clearly and made us feel involved every step of the way. Excellent customer service and knowledge. Thank you, Glenda!
Shelly H
Mar 09, 2021
We had a very unique situation and Mrs Glenda was able to help us navigate through the process.
Dwayne H
Mar 01, 2021
Great job!
Kathy J
Feb 27, 2021
Lots of communication. Buyers have been very pleased with Glenda and I will continue to refer her to my clients.
Maura G
Feb 27, 2021
It has been a been pleasure working with Mrs. Glenda White now, for the second time. From beginning to end, she helped ensure an easy loan process.
Gregory F
Feb 23, 2021
Glenda Went Above And Beyond.
Sean B
Feb 04, 2021
Glenda is a solutions expert and always gives advice. She keeps everyone in the loop, including both agents in the transaction, making it easier when there are delays. No one is surprised. Transparency and communication and key things in a transaction.
Bonnie T
Jan 20, 2021
Glenda was always there to answer my questions and went out of her way to help me. I'm so thankful and grateful that my realtor suggested her. Thank you so much for everything Glenda! You hung in there with me through all of this and I now have the house I dreamed of! Blessings to you!!
Carolyn D
Dec 13, 2020
She was super on top of everything. She knows her her stuff and assisted us the entire way. Will definitely use again on the future.
Melissa W
Dec 10, 2020
Glenda is on it! She is thorough, efficient and always answers her phone. She is wonderful to work with and always in an ubpeat mood and makes me feel secure in whatever situation is happening with any transaction! She will get my clients closed on time and take care of them all the way through the transaction to the very end. From a novice to an experienced buyer, from a refi client to a new home buyer, Glenda takes care of my clients' questions and needs with ease. She is my GoTo!
Karen E
Dec 02, 2020
Very knowledgeable and helpful
Devan D
Nov 29, 2020
Glenda and her team are always available to answer any questions you may have! They made it so easy for us to refinance!
Kristin W
Nov 18, 2020
Communication and attention to detail made for a great home buying experience. I love my home but I look forward to working with Glenda again on my next investment.
Amos M
Nov 18, 2020
She was amazing! Very patient, detailed and solutions oriented. We hit many snags in our homebuying process but Glenda made sure to communicate with us and provided solutions for everything. She was very pleasant and made me feel very at ease with the process. Would recommend Glenda 1000x's!
Shayla M
Oct 30, 2020
Glenda was great in every way. Made process to home ownership very quick & smooth . Always available when needed. Overall experience was great. Do recommend Glenda to anyone looking to buy/refinance.
Gustavo L
Oct 16, 2020
Glenda was on it for my clients and did an amazing job making sure there was no lacking in communication!! She was on top of it all!
Amanda C
Oct 12, 2020
She made everything easy for me. Thank you
Kabin C
Oct 01, 2020
Charles K
Oct 01, 2020
As a first time home buyer, I didnt know what to expect. Glenda guided us thru the whole process. Glenda is very knowledgeable and knows how do get it done!
Christina W
Sep 22, 2020
Glenda IS AMAZING!! We were not liking the loan officer that we had, so our realtor reached out to Glenda around 9:30 PM one night and she began helping us right then and there. She made the house buying process easier than we ever expected it to be. She was always available to answer any questions or concerns that we had, whatever the time of day. I am beyond happy with my experience and will definitely recommend Glenda and her team!!
Ashley G
Sep 15, 2020
Glenda is always a pleasure to work with. Most importantly, Glenda always takes care of the client's needs throughout the loan process and gets them to the closing table making their dreams of owning a home a reality.
Dora T
Sep 15, 2020
Glenda has been our best friend with two home purchases in two years, and a refi. I wouldn’t trust anyone else.
Connie S
Sep 07, 2020
Glenda was a pleasure to work with. She kept me up to date every step of the way on my mortgage process. Glenda answered any questions or concerns I had immediately. Given a chance in the future she would be my first choice to work with.
John P
Aug 28, 2020
Glenda was great. Very responsive & understood everything step of the process.
Autumn A
Aug 27, 2020
Refinancing our house could not have been easier! We have pondered the idea for about 3 years, and upon our decision to move forward - chose Glenda White at Verity Mortgage for the process as her team came highly recommended. The process from the first point of contact to the final closing date took less than 30 days. If there was an obstacle to hurdle, it wasn't obvious, as all questions and follow ups were addressed immediately. Thank you Glenda White & the entire Verity Team!
Patricia G
Aug 13, 2020
Glenda made our first home buying experience so awesome! She was so patient and wanted to make sure we understood all of the many steps throughout the loan process. She was always so quick to answer any questions we had! Glenda is a superwoman!!
Brooke C
Aug 11, 2020
Glenda pulls strings that we didn’t even know about to accommodate to our situation, all the way up until 5 minutes prior to signing. I’m glad we had Glenda in our corner through the homebuying process.
Dalton C
Aug 10, 2020
Glenda and her associate Amber did a great job. I went back to her for our refinance because she did a great job for us when purchased the house.
William H
Aug 10, 2020
Glenda was always ready to answer questions and kept us posted at every stage of the process. Any questions or concerns were timely and fully answered.
Kenneth G
Aug 07, 2020
Glenda is consistently professional, proactive, and readily available to provide information and next steps to our clients. She is a focused, organized person who values others time and is very aware of the steps it takes to have a successful transaction. I would absolutely recommend her to all my clients!
Trisha M
Jul 20, 2020
Glenda and her team are responsive and knowledgeable.
Blake J
Jul 12, 2020
She was very informative and was attentive to my needs and was very helpful every step of the way.
Greg B
Jun 09, 2020
Glenda White was amazing. She simplified the whole process with great communication and insight. She was easy to reach and responded promptly to any email I sent. The whole process was painless and over before I knew it. I would highly recommend Glenda and Verity to any friend or family member in the market for a loan.
william m
Apr 18, 2020
Glenda’s team is what made it great! They were awesome to work with, very informative and got everything done on or before they needed to be done! I would recommend them over and over again to my clients! They made this experience for my clients so smooth and easy! I couldn’t have asked for a better experience for my clients and myself!
Thanks to Glenda, Amber, Tracey and Derek! You guys are ROCK STARS!
Tina S
Apr 15, 2020
Glenda is an absolute professional! She worked diligently and tirelessly to help us get to close within a short time frame. She kept us up to date on every action during the process. Will recommend her to everyone!
Shelley B
Apr 15, 2020
Working with Glenda was a fluke. I already had a lender lined up and I was comfortable with my choice. That was until my agent told me about Glenda and her team. Out of curiosity I called her. She explained that her closing costs were less then my chosen lender and also provided some great tips to improve my credit score so I could obtain the best rate. She is a winner! Top three words to best describe working with Glenda are Genuine, Willingness and Fighter. She was top notch!
Brian F
Mar 05, 2020
Glenda made this tedious transaction as smooth as it possibly could have gone! Within 2 hours of closing I had already recommended her to a friend looking to buy a house! Thank you so much, Glenda!
Victoria S
Mar 05, 2020
Glenda stayed on top of our transaction. She would call on a regular basis & give updates. Her software would also send automated updates. She was available at all times which is what I expect as this is the way I work also. We cannot predict our customers needs or when they will occur so being available is huge! I will refer her again in the future.
Judie B
Feb 20, 2020
Glenda is truly the BEST! Having Glenda as our loan officer was like having a close friend taking care of us! She was totally professional and went above and beyond to make sure our experience was top notch! I will recommend Glenda and Verity Mortgage to anyone buying a new home!
Sarah M
Feb 11, 2020
I used Glenda on my first home purchase and recently used her again for my refinance. She is Top Notch in my book!! Super friendly, knowledgeable, responsive, and most of all patient! Working with me is not easy because I am a perfectionist to say the least, but she handled me (both times) with grace and kindness. I highly recommend Glenda and her team!!
Melinda M
Feb 07, 2020
Glenda went beyond my expectations and made me feel at ease during my home buying process. Her communication and knowledge was amazing! I felt like I was talking to a long-time friend every time I spoke to her about my loan. She made it possible to close on my house in 26 days!!
Brenda T
Jan 02, 2020
Glenda was wonderful to work! She and her team kept my clients quick closing on track, gave helpful updates and was very professional. I will absolutely be using her again.
Katy N
Oct 29, 2019
Glenda White is a rock star!! She works 7 days a week for her clients, she will take calls from agents or clients anytime day or night. She is always very helpful & if she doesn't know the answer, she will find out and call you back. I highly recommend Glenda to anyone needing a mortgage. She will get the impossible done!
Ann L
Oct 28, 2019
Glenda and her team stayed on top of things and so it made the whole process great.i think they went above and beyond their duties. These guys rock it.
Derek J
Sep 30, 2019
Glenda was on top of the transaction from the beginning. She even included me in the initial meeting with my buyer, which I had not ever had that experience - it was so nice and got us all on the same page from the beginning . I felt we were all on the same winning team from day 1! We crossed that finish line today , on time , with everyone smiling! Even handled a hiccup with ease and closed on time! Thank you Glenda for being there for me when I needed you the most!
Karen E
Aug 29, 2019
Mrs. Glenda is very nice and very easy to communicate with. She answered every questions I had regarding almost anything. She's very sweet person and very down to earth person to work with. I definitely would say that I found gems to work with and would definitely recommend Mrs. Glenda to anyone who is looking for a house or related anything with housing. I'm 101% sure that I would come back to Mrs. Glenda in the future with anything relating to housing. P.S Mrs. Glenda is very beautiful.
Rajwinder K
Jul 20, 2019
We had a great experience buying our first house with Glenda. She made everything very clear and helped us every step of the way with all of our first time home buyer questions. She was always available and super friendly and understanding with us.
Matthew C
Jul 20, 2019
Glenda is a rock star when it comes to staying on top of things. I had to worry about nothing because there was always a line of communication open and much of the time my questions are answered before they were even asked!!!!
Andrea J
Jul 18, 2019
Glenda and her team went above and beyond!!!! We received excellent advice, care, and service and would HIGHLY recommend her and her team to any future homebuyer!!! Thanks so much!!!
APRIL T
Jul 02, 2019
Good communication. Willingness to push everyone to meet the scheduled closing date.
Rae R
Jun 17, 2019
Great communication, she showed up to our closing and the whole process was seamless! Highly recommend!!!!
Jennifer W
Jun 14, 2019
Super easy to work with! Glenda and her team made is as easy and stress less as possible. Definitely recommending to all of our friends. Such a great team!
Jocelyn N
Jun 13, 2019
Glenda and her team did a great job throughout the loan process. Great communication on all ends. She is my top loan officer to refer to in my real estate business.
Cynthia C
Jun 13, 2019
Glenda is incredibly responsive and seeks all options for my clients. 5 Stars!
Jackie M
May 25, 2019
Job well done, everyone went far and beyond what was expected of them. Thank everyone for all that was done to make our new home dreams happen.
Gary R
May 25, 2019
Everything. The communication. They where on top of it. That was amazing. Thank you
Kabin C
May 15, 2019
Everything. From beginning to end. Her communication and fast response when my husband and i had questions and concerns. It was a blessing to have met Glenda at that open house in Rowlett at Dove Creek.
Patricia L
May 11, 2019
Glenda and her group were very nice even when I felt she shouldn’t of been. She always answered my phone calls and listened to me blab on and on. But for real a great bunch of people that work there and are always there to help when I needed them. Thanks again for all that you have done.
Micheal S
May 07, 2019
Glenda went above and beyond for us! Buying a short sale is not easy, but Glenda and her team were always prepared for the curve balls and worked hard to get to get us closed as fast as possible! I would recommend her a thousand times over!
Kelly H
May 01, 2019
I am a Realtor with Re/max Four Corners and I would send all of my clients to Glenda and her team at Verity. Transactions have all gone smoothly and all closed on time. I appreciate all their hard work getting my clients closed on time. Very professional!!
Susan R
Mar 30, 2019
She was a available to help us with any questions. She make buy home easy..
Trell N
Feb 03, 2019
Glenda and her team took care of everything from start to finish in a way that removed all stress, inspired confidence and even made it fun. We are grateful to Glenda for her expertise, patience, and kindness. She accomplished everything we could have hoped for. Thank you Glenda.
Dale L
Jan 09, 2019
made the process very painless
Lance S
Dec 20, 2018
Glenda went above and beyond to help me with my mortgage loan. This process was foreign to me because I had owned my previous home for 49 years, and a lot has changed in that time period. Glenda not only helped me with all the paperwork, but there were times I couldn’t get out and drive to the bank, so she came and picked me up and walked me through the process. She made this process so much easier, and she is one of the most pleasant people to be around!
Ham E
Dec 14, 2018
Cared about me and my family. Took her free time from her personal life to assist me in anyway needed. I call Glenda white my Wonder Woman! She never stops! Amazing!
Went to closing with me for support! Great buying experience!
Hicks G
Oct 06, 2018
Thank you for all your hard work.
Massey M
Aug 05, 2018
She was very helpful and very pleasant to be around .She made the process nice and simple.I really recommend her to anyone looking to get a home.
Belt S
Aug 03, 2018
Glenda was great from start to finish. The communication was there from the beginning and if I had a question she was there to answer it. She was very knowledgeable and explained everything. If you are looking to buy a house she is the person to go to.
Strickland T
Aug 03, 2018
Glenda made first-time home buying a painless process. She made sure we understood everything throughout the entire process. I have never felt so comfortable asking questions I felt were "silly" nor asking them multiple times.
Julie S
Jul 19, 2018
Glenda was sharp, concise and very efficient in addressing my concerns and questions. She knocked my mortgage experience out of the proverbial ballpark!
Jared G
Jul 10, 2018
Glenda and her team made the process very simple and painless.
Hedgepeth C
Jul 09, 2018
Glenda was very informative throughout the entire process and made sure to explain each step. We were able to close in just a few weeks! We are so grateful to her and her team for helping us with our purchase.
Byrd T
Jun 04, 2018
Glenda was awesome in every facet of the process and ended getting a better price that I initially anticipated. Top notch service during the entire process.
Byrd R
Jun 03, 2018
We were well underway into our home buying process with a different lender. Needless to say it was a hassle to get them on the phone and get them to give us a straight answer so at the recommendation of our realtor we gave Glenda and her team a try. Jesus, Glenda got everything approved and going in just about under 24 hours. It was insane to say the least. Glenda returned calls, she answered late night texts and that's not to say we bothered her in the evenings that much. (Please folks don't ge
Evelyn T
May 21, 2018
Glenda was absolutely amazing! I couldn’t have dreamed for a better experience. She made me feel comfortable every step of the way and I know I have made a great friend. I have very high expectations and it takes a lot to exceed my expectations, but she and her team blew me away. I didn’t expect all the advice and care and she anticipated “hurdle” that could have come up to make them a non issue. Glenda and her team make it happen! And make stressful decisions fun!!!
Jennifer T
May 14, 2018
Everyone I was dealing with consuls not have been nicer
Holloway W
Mar 26, 2018
Best experience in the mortgage field i have ever had!!! Thank you so much!!!
VanRoekel A
Feb 28, 2018
Glenda White was amazing. She simplified the whole process with great communication and insight. She was easy to reach and responded promptly to any email I sent. The whole process was painless and over before I knew it. I would highly recommend Glenda and Verity to any friend or family member in the market for a loan.
Stovall T
Jan 31, 2018
Amazing experience buying a home with Glenda! Had a problem with another lender and Glenda came in and closed the deal in less than 3 weeks to save us from losing our home. We are forever grateful!
Miller R
Jan 17, 2018
She went above and beyond to make our home buying experience special for my husband and I. We appreciate all she did for our family!
Miller C
Jan 17, 2018
After stalling out with a big name "Quick" loan conglomerate, I reached out to Glenda to save me on my consolidation refinance. She got my fees down, repackaged my loan and got me closed in literally 2 weeks. Excellent across the board.
Kuntze D
Jan 01, 2018
She was there for me start to finish. Even when we had problems with the builder, she was extremely knowledgeable and answered some of the most difficult questions. I will recommend Glenda to anyone who is looking to purchase or refinance a home.
Murchison M
Dec 29, 2017
She was there every step of the way, even when I was freaking out she balanced me out. Everything was very personal and she truly wanted to make our dreams come true just as much as we did. She took care of us so much we now have my mom working with her as well. Truly as blessing thank you!!
Angela F
Oct 12, 2017
MORTGAGE
We want to make your home financing as easy as it can be. With Verity Mortgage, you can relax while we handle the details.
Get Prequalified before you shop for a house
You can get a loan before you even select a home. A Verity home mortgage specialist can perform a pre-qualification or pre-approval so that you'll have a good idea of how much you can afford. Once you've found a home, and a seller has accepted your offer, you are ready to move to the Application process.
- You will know the loan amount you qualify for so that you know what home price range to shop
- Save time to narrow the list of homes to ones that fit your price range
- Discover any credit challenges early in the process we can resolve them at the beginning of the process
- Confidently make an offer as soon as you find your dream house
- Sellers will consider your offer more strongly with a prequalification letter over one that is not
- Your agent will ask for this as it improves your chances of getting the house you want
There are no fees or costs to getting pre-qualified, but it is a vital step in the home buying process. Call us today!
What is the difference between Prequalified and Preapproved
Prequalification: This is an overview of your credit profile that is an important step to writing offers for new homes and one we highly recommend. It just means that you have not submitted the documentation that will be required to verify your income, financial statements showing enough assets to close and you have not yet met the underwriting guidelines of the program you are going to select once you find the home of your dreams.
Preapproval: If you have a little more time at the beginning of the process, we always recommend getting Preapproved. A preapproval is the start of the formal application process before you find the property and is more thorough review of your financial position and ability to qualify for a home.
Why get Preapproved for a Mortgage?
- You’ll be able to move faster to find the house you want
- Most of the paperwork will be out of the way so you can close your loan faster
- You will be able to move to the top of the offer stack as your income, assets, and ability to buy has been verified
- Sellers know you will be less likely to have a delay in closing
- In competitive markets, this is another feather in your cap
Mortgage Loan Process
Buying a house is one of the biggest decisions you will make in your lifetime. Our goal is to make the process as smooth and hassle-free as we can. Understanding the process will give you the knowledge you need to get started.
- Step in Getting Prequalified or Preapproved
- Application
- Processing
- Underwriting
- Closing
You can get a loan before you even select a home. One of our home loan experts can perform a pre-qualification or pre-approval so that you’ll have a good idea of how much you can afford. Once you’ve found a home, and a seller has accepted your offer, you are ready to move to the Application process.
Once you’ve selected a home, your home specialist completes the mortgage application, gathers information about the property you want to buy, and collects personal information, such as income, assets, and employment history. For a complete list of information that you need to provide, see the Application checklist.
Once your application is complete, a loan processor reviews your file and verifies your information. We order a credit report to determine your credit history and credit score. We also order an appraisal of the property.
An underwriter reviews your file and determines whether your loan will be granted and issues the loan approval. The underwriter may request additional information during this review process.
Once the loan is approved, the closing process begins. Our closing department prepares closing documents and sends closing instructions to the title agent. The title agent is responsible for examining the title of the property and working with you for an acceptable closing date. At the closing, you’ll sign papers, pay closing costs, and finalize the transaction. Now it’s time to move into your new home.
Lower Payments*. Consolidate Debt. Pull Cash Out.
*By refinancing your existing loan, the total finance charges may be higher over the life of the loan.
Should I refinance my house?
First, start by asking yourself one of these questions.
Has your income increased? Do you need to consolidate debt? Has the equity in your home increased? Do you need money for a major expense? Has your credit rating improved?
If the answer is yes to any of these questions than we encourage you to call one of our home loan experts to give you a refinance evaluation. It costs nothing but could save you thousands of dollars in interest, pay off high balance credit cards, or help pay for college or unexpected expenses.
Knowing your options is the most import part of the refinance decision so Call us today!
What is a Cash-Out Refinance?
As you pay down your mortgage or as home values increase over time, a cash-out refinance allows you to use a portion of your equity and turn it into cash. The great news is you can use that cash however you want. Home improvements, unexpected expenses, college tuition or just to check a destination off your bucket list.
When is the best time to turn that equity into your house and use it as you see fit? That answer is up to you and can be used to fit your current needs.
Some of the more chosen reasons for utilizing a cash-out refinance are to:
- Remodel of you home
- Pay off high-interest credit cards or auto loans, neither of which is tax deductible like mortgage interest
- Help with life events like a growing family
- Bucket List Reduction
- Elimination of student debt
What can you do to update/upgrade your house with a Renovation Loan?
A renovation loan will let you do almost anything with your home. Some loans are used on smaller projects like ordinary repairs or cosmetic updates. These types of renovations loans typically don’t have minimum loan requirements for the repairs or upgrades you want to make to your home. These loans are limited to non-structural repairs with maximum loan amounts around $30,000.
With these types of loan, you can improve things like:
- Repairing or replacing your roof and gutters
- Redesigning your kitchen or bath
- Landscaping or adding a deck
- Buying new appliances
- Getting new windows, doors or floors
- Making your home energy efficient
- Upgrading plumbing, electrical, heating or cooling systems
- Ask a home loan expert (bolded and hyperlinked to find a loan officer)
Need to do more extensive renovation? We got you covered!
We have other programs that are specifically intended to make major repairs or changes to your home. These will have a minimum loan amount but the good news is you can borrow up to the value of your property plus repairs/renovation. Here are some examples:
- Room additions or adding a second floor
- Major remodeling that requires structural work
- Foundation or other structural repairs
- Projects over six months
What is the difference between a fixed-rate and an ARM mortgage?
A fixed-rate mortgage offers an interest rate that is steady throughout the life of the loan. Fixed-rate mortgages offer the security of always knowing exactly what your monthly loan payment will be. The interest on ARMs can fluctuate (up or down) periodically. The interest rate on ARMs offers an opportunity to save on interest costs. However, you are protected from rates getting too high, because a safe ARM has annual and lifetime rate caps, which limit how high your rate may go.
KNOWLEDGE CENTER
MORTGAGE PAYMENT CALCULATOR
Estimate your monthly mortgage payment using the calculator below. Simply enter the purchase price of the home, loan term, and details about the home loan. Please note that escrow for taxes and insurance is not required for loans with down payments more than 20 percent. Some of this information may be difficult to determine on your own; please contact a mortgage specialist to review the most accurate monthly mortgage payment for the area you are purchasing.