Excellent and constant communication.
Jeffrey A May 12, 2022
So easy and seamless. Great team of people
Kristin S May 08, 2022
Michael and Luis went above and beyond to make my first house possible.
Shamik S May 02, 2022
Everyone involved in the home loan process was very nice and responsive. It was my first home loan and everyone made sure I understood and felt supported.
Special thanks to Luis Hernandez and Tracey Rivas for all their assistance.
Paola M Apr 19, 2022
Very quick and easy process and everyone was very friendly! Thanks!
Sharon S Mar 22, 2022
Crystal was responsive, creative, and she ensured the timeline we agreed upon would be executed.
Robert S Mar 21, 2022
Great service and fast process.
Nestor C Mar 03, 2022
Explained everything, good communication.
Leah B Mar 03, 2022
The entire process always goes as smooth as can be from beginning to end. Great people who truly enjoy taking care of you! Thank you
Brian C Feb 11, 2022
The communication was excellent and the calls from the Manager made me feel they really wanted my business
Jennifer G Feb 02, 2022
The entire experience.
Bruce W Dec 30, 2021
Accessibility to representative for questions and inquiries
Masis B Dec 13, 2021
Attentive to detail, informative, easy to work with and get good guidance in the loan qualification/approval process.
Robert E Dec 13, 2021
Thank you for being a great advocate!
Trent W Dec 13, 2021
This is the third loan I’ve done with Michael. He has always been a great professional to work with.
Russell B Dec 12, 2021
The quick responses and outside of normal hours communication was extremely helpful in purchasing my first home!
Teresa H Dec 09, 2021
Always gets it done
Corey S Dec 07, 2021
The Verity Team was quick to answer questions whatever time I asked and always kept me up to date on where we were at with the loan process. Everyone is so kind and patient with us as we were first time home buyers.
Rose D Dec 06, 2021
Michael and the Verity team are very professional and go above and beyond to help their clients with their home financing needs. They are also great if you are seeking to obtain a VA loan.
Ernest D Dec 03, 2021
Ani B Nov 29, 2021
Very quick responses. Called me with answers, rather than waiting for an email. Super easy to work with.
Hannah H Nov 10, 2021
Friendly and attentive people
Hunter N Oct 04, 2021
Team was timely with all requests and provided easy tools to get to all information.
Thomas P Oct 01, 2021
Honest, Professional, Courteous, Patient & Great service from a great Team. I highly recommend Michael Fooshee & his team to anyone who has mortgage needs.
Thank you to you & your Team.
Vinayak R Oct 01, 2021
Simple paperwork…the notary came to our house.
Joe E Sep 27, 2021
All the process quick and easy especially with the app.
Jose G Aug 27, 2021
Abed K Aug 27, 2021
The fact that I was made aware of every little details in regards to my clients loan was amazing. Every offer I made, Michael reached out to the listing agent to discuss the strength of my clients offers and helped me get my clients under contract. Can’t thank Michael, Joe, and the whole Verity team enough!
Jesus D Aug 06, 2021
We were down to the wire on closing and they made sure everything was done so that we could close. They are patient and supportive with client question and needs.
Stacy F Aug 06, 2021
I felt that at very important times, Michael Fooshee and his team had my back and went to bat for me. In a market where snakes are lying around every corner, I felt very safe with Michael and his group. Thank you for helping me make buying a house possible!
Edward P Aug 03, 2021
Our experience in purchasing a home with Michael and his team was BEYOND incredible. When you're purchasing a home, you almost expect that anything that could go wrong, will go wrong, but it was surprising how smooth the process was. There were no delays with anything that Michael and his team needed to do, and every check box item was completed and accomplished throughly. I couldn't speak more highly about the team and I WILL be recommending all of my friends and family!!
Lydia M Jul 26, 2021
Michael and his team were very responsive every step of the way. They made this process very easy for my clients and I.
Brandon M Jul 23, 2021
There's a reason he's been in the top 1% of all loan originators in Texas multiple consecutive years.
Jordan P Jul 23, 2021
The support and commitment dedicated to me in the mortgage process from start to finish was top notch. Any questions that I had were answered promptly and all the intricacies of the loan process were explained thoroughly. This was my first mortgage experience and I am happy to have had this team on my side!
Ryan O Jul 23, 2021
Jeremy D Jul 22, 2021
Patient and intelligent service.
Ellenie B Jul 14, 2021
We had a really fast buy. From the pre-approval process to the sellers requesting to complete an inspection in 5 days and to closing in a very short time. Michael Fooshee’s team was the best, the kindness, respectful, and professional. They also are very good at paying attention to detail. This process was seamlessly with them.
Rubria M Jul 11, 2021
All the support from the staff, especially, Kendra
Stephen P Jul 08, 2021
From application to closing, Michael and his team were organized and responsive.
Derek V Jul 07, 2021
Michael and his entire team are terrific! They earned a 5-star rating.
They were prompt, efficient, and very attentive, making the refinance process seamless and stress-free.
I recommend Michael and Verity without reservation.
Linda S Jun 26, 2021
Michael and his team did a great job with our mortgage. He always made himself available when we had questions. He and his team made the transaction seamless.
Matthew M Jun 20, 2021
Michael and his team were very helpful from start to finish. I appreciated the prompt communication and professionalism throughout the entire process. I always felt like my client and I had someone in our corner who is willing to go the extra mile to ensure success. Michael and his team made us feel like we were all on the same side and we were in this together. It gave us great confidence and resulted in a happy client with a new home and a satisfied agent with peace of mind!
Michael C Jun 11, 2021
Michael and his team were in great communication with us even before we decided to fund with him. I could reach him or someone on his team day or night and even through txt with simple questions late at night. Great job guys!
Pamela W Jun 07, 2021
I greatly appreciated their professionalism and team concept, it didn't matter what step in the process we were working through, every person I communicated with on the team knew exactly what needed to be done and executed each task efficiently!
BRYAN J Jun 06, 2021
Ease of the whole process...
Christopher S May 24, 2021
The BEST! I love working with Michael and the Fooshee Team. They always take great care of me and my clients!
Ali V May 14, 2021
Michael and his team are hands down the best in the industry. The level of service Verity Mortgage provides, along with their years of knowledge in the industry, is truly unmatched. I know when I put a client in Michael's hands they will be well taken care of and closed on time!
Julie Z May 10, 2021
Michael gets the job done quickly and efficiently. He is creative and very knowledgeable of the industry- able to work around obstacles and unique circumstances to meet his client's needs and get the best rates. His team is friendly, responsive and proactive. We highly recommend Fooshee!
Carrington B May 04, 2021
Michael Fooshee & his team are the Best. I highly recommend their services for their honesty & integrity. Excellent service.
Vinayak R Apr 28, 2021
Timely response to all questions and getting loan processed
Lisa C Apr 17, 2021
Michael, Joe, and Kendra were absolutely amazing. They jumped in when another lender dropped the ball and quickly put all the pieces together. It saved my family a lot of frustration. Thank you all!
Joel C Mar 31, 2021
Michael and his team have been instrumental to making our home purchase completely seamless.
I will absolutely use their service on my next home purchase and I cannot say enough good things about them.
Sebastien A Mar 26, 2021
Quick and painless! Highly recommend the Verity Mortgage Team!
Heather M Mar 22, 2021
The team was very knowledgeable and very prompt with their response. They were there to help every step of the way.
Nicholas B Mar 21, 2021
John C Mar 18, 2021
Your staff’s direction and availability. The closing office kept going on about how good it was working with your staff. 5 star all the way.
Barry C Mar 16, 2021
My first time home buyers had very little money to put down and didn't think they could purchase a home. Michael and his team worked their magic once again and helped them get set up with down payment assistance and close on their home in under 30 days!
Mallory A Mar 12, 2021
The efficiency of the process was great. Everyone was so professional.
Carol W Mar 10, 2021
The entire staff proved to be very conscientious, caring, an professional. We were directed through the entire process with the assurance that we would receive the best service and that the outcome would be better than we could ever expect.
Charles W Mar 09, 2021
The process was so easy and the team was great to work with!
Lori K Mar 09, 2021
Michael was a helpful and clear with explaining everything. The team Kim and Kendra were quick in their replies and also helpful with all my questions as a first time homebuyer.
Samantha B Feb 26, 2021
Overall great communication, quick ability to close the loan. Have already referred you to a few friends.
Thomas K Feb 19, 2021
Josh K Feb 15, 2021
Steven V Feb 13, 2021
Michael and the whole team made my first time home buying experience so great! He went above and beyond for me and the whole process was truly enjoyable! He was always in contact and answered all my questions. Micheal is the best!!
Julie E Feb 10, 2021
Ease of the electronic process. Quickness of the process.
Sandra W Feb 06, 2021
Great experience with Mike and crew.
Michael W Feb 05, 2021
This is my third refinance I've done with Michael and as usual everything went seamlessly!
Nicholas S Feb 04, 2021
Kind, informative, and incredibly helpful! Made the entire process super easy!
Jonathan S Feb 04, 2021
Michael and his team are always great to work with - very professional, knowledgeable, and responsive!
Lisa C Jan 29, 2021
Michael is an expert in his field and has always provided the best service and options for our family's needs.
Brian A Jan 23, 2021
Michael and his team knocked it out of the park AGAIN! His communication and attention to detail were top notch... always quick to respond in the scenario that he wasn’t able to pick up the phone right away. Did a great job communicating with all parties and keeping the buyer informed and at ease every step of the way!!!
Stephen C Jan 21, 2021
Verity was very professional and performed very well for us. Our timeline to obtain the financing was shorter than normal and Verity came through with flying colors.
Richard R Jan 19, 2021
This was actually very pleasant experience. We were well informed of every step in the process and all the staff was very friendly.
James B Jan 04, 2021
Fast and efficient! Great job!
Simon K Jan 04, 2021
Good follow up.
Charles J Jan 03, 2021
Michael’s team was in constantly in communication and ensured I was informed throughout my fulfillment process, providing guidance to ensure I was able to close on time with the best rate possible.
Sean B Dec 30, 2020
Michael and his WHOLE team are always great. We've used him for new purchases and refinances at least 5 times and every time their service is beyond reproach.
Thank you to the whole team for getting us such a great deal!
Brian B Dec 30, 2020
Michael and Audrey are my go-to lenders!!! Love them. They’re great every step of the way for me and my clients.
Ali V Dec 30, 2020
Easy, accurate and quick
William K Dec 21, 2020
The Verity Team as always is fantastic to work with! Transparent, reliable and responsive!
Megan T Dec 07, 2020
Speed of process
Anthony B Dec 02, 2020
A very smooth and easy experience. Michael and his team always professional and going extra mile to make sure customers know that they are doing and getting into. Thank you guys so much.
Justin C Dec 02, 2020
Estoy muy agradecida con toda la ayuda y las facilidades que me dieron. De verdad muchas gracias. Dios los bendiga. Gracias a su apoyo pude tener mi hogar algo que yo veía tan lejano gracias a ustedes y a Dios lo logré. Gracias!!!
Brenda R Nov 30, 2020
Quick response. Great rate. Friendly staff. What more could I ask for? Audrey is amazing so as Kendra.
Joowon K Nov 26, 2020
Michael provided great service and communication. Will certainly use him again.
Jacob B Nov 09, 2020
This group was extremely helpful as we purchased our first home! Would recommend to anyone!
Sarah G Nov 08, 2020
Michael and his team treated me and the transaction with such care and personal service - I always felt that at any time if I had a question or needed clarification there was someone there to respond and respond very quickly!
I very much appreciate Michael and his team and would definitely recommend them of fellow investors, buyers and friends
Mark T Nov 07, 2020
Thanks Mike! Thanks for getting this closed so fast.
Michael W Nov 06, 2020
As always with Michael, his service, thoroughness, and promptness is unparalleled. There is a reason for repeat business with him - quality service and simplicity!
Matthew L Nov 06, 2020
Great rate. Great service. Great accountability.
Laura H Nov 06, 2020
Process was super easy and communication was great.
Christopher N Nov 06, 2020
This was a smooth and worry-free process! Great experience with Michael and his team for our refinance.
Jaime A Nov 06, 2020
Everything went smoothly
Jarrod Y Nov 06, 2020
Everyone was excellent!!
Jorge C Nov 04, 2020
The team did a great job communicating throughout the entire process. They were fast to respond to questions and took the time to explain the entire process. Very happy!
Doug W Nov 04, 2020
Michael and his team at Verity Mortgage do an amazing job of working through the loan process. I've worked with Michael now on multiple home loans and my time and attention needed is minimal because the Verity team is on top of it!
Trey C Nov 03, 2020
My wife and I started this process in July and than had to put it on pause until the end of September. Michael was very understanding and started up the process again immediately! We were walked through any questions we had and Michael's team did a great facilitating a smooth transition from our previous lender. The previous lender made it very challenging with moving our HELOC but Michael's team was on top of it, helping us successfully close out the process!
Ryan H Nov 03, 2020
Professional, easy to work with. Everyone was great ! Hats off to Audrey!
Jasmine S Nov 03, 2020
Very fast response and quick closing. Every question I had was answered the same day, most of the time the same hour! This is my 2nd time using The Fooshee Group and would only use them in the future.
Stephanie N Nov 03, 2020
Received outstanding service from Audrey - she’s the best!
David S Nov 03, 2020
Communication, speed, & PPE during a pandemic make this mortgage company strong AF.
Benjamin G Oct 23, 2020
Michael is very easy to work with, responsive, and helpful. Made the whole process simple.
Mark P Oct 21, 2020
Daniel V Oct 19, 2020
I am so excited to be in our new home. Michael’s team was excellent in every aspect.
Communication. Professional in every way. Paid attention to every detail. Understanding of our sometimes confusion in the process.
We recommend Michael and his excellent team without reservation.
Nicci W Oct 16, 2020
Thorough and proactive management of the mortgage process. Pleasant customer service from everyone on the Fooshee team.
Christopher L Oct 14, 2020
We are immensely pleased with the professionalism and team work that we experienced with obtaining our home loan. The communication and efficiency was outstanding. Couldn't be more pleased.
Walter W Oct 13, 2020
Lisa Y Oct 12, 2020
Procedure went very well even though I’m outside the country and in no time. Great job Mike Fooshee.
Hani A Oct 05, 2020
I worked with Michael Fooshee and his team. I was initially working with another broker that towards the very end told me I would not qualify. Verity Mortgage was able close within 2 weeks and his team was amazing! Kimberli and Kendra, thank you for your efficiency, excellent communication and prompt replies. As for Michael, thank you for making this possible, I am so grateful!
I highly recommend Michael Fooshee!
Renata M Oct 02, 2020
Great experience with Michael Fooshee and Verity Mortgage.
Kyle J Oct 01, 2020
Communication, service, everything was great!
Jeremy S Oct 01, 2020
Michael and his team are the best of the best! I know that they will be responsive to me and my clients. They work hard to meet timelines and are in constant communication with me throughout the process. I love working with Michael.
Ali V Sep 28, 2020
The Fooshee Team was extremely helpful during this period, everything went smoothly and we couldn’t be more happy to finally have our home! Thank you guys
Mariely D Sep 26, 2020
Michael and his team really went the extra mile for us. This is the THIRD mortgage Michael has done for us- we would never use anyone else- EVER. Michael truly cares about his clients, and is a true advocate for his clients. There is none better in the industry than Michael Fooshee and the Fooshee Group.
Melissa H Sep 22, 2020
Michael and his team worked extremely hard to get us into our home. They were very commutative and kept us updated every step of the way, allowing us to get thru the approval and closing very quickly. Michael looked out for our best interest and was very understanding. Michael was very familiar with the VA loan process and helped anticipate the thing we would need to ensure funding. I would highly recommend Michael and his team to anyone buying a home.
Bobby H Sep 21, 2020
Easy, pleasant experience from start to finish.
Kelly W Sep 20, 2020
Ease of access to secure sites; clarity on documents needed; personnel extremely professional and wonderful to deal with. They were accessible and knowledgeable.
Jan B Sep 17, 2020
As first time homebuyers, my wife and I were completely unsure about every decision, but the group here really took the time to help know what was within our budget and answered any question we had. Easily one of the best choices we made during this process was choosing them.
Jesse S Sep 16, 2020
Michael and his team were great and made the loan happen in probably one of the most hectic and demanding times for mortgage folks. I really like the smartphone app, which made the process easier. Great job y’all.
Tim H Sep 16, 2020
As a first time homebuyer, Michael and his team were very helpful in helping me understand what needed to be done. They were very responsive to my questions and concerns. I had no doubt my transaction was being handled exactly as it needed to be.
Kristy B Sep 14, 2020
Thank you for all your hard work and making the file run seamless.
DeWayne S Sep 14, 2020
Open and most careful attention to clients needs and questions
Ralph S Sep 14, 2020
Richard B Sep 14, 2020
Michael and his whole team were above and beyond fantastic! From offer to close they were always available and attentive for myself and my clients!!!!
Stephen C Sep 13, 2020
Michael made it incredibly easy to get a refi done and got it done quickly!
Joe R Sep 06, 2020
We had an issue with our prior mortgage company not processing our loan on time. He also gave us a higher rate of interest than expected.
Our realtor Cecilia Davis had recommended him, but once she heard our grievances she directed us to your company.
You processed our loan quickly, gave us an exceptional interest rate and your company was always available for questions!
Thank you All so much!!
Linda P Sep 02, 2020
All the people that I dealt with were patient, informative, and thorough. Especially Theresa at the end to scramble and get all the stuff organized to close in the ninth hour. It drove me a little crazy because everything of course happened during my shift time at work but we did it and I will absolutely recommend my bosses and my coworkers to your company. Thank you
Louise G Sep 02, 2020
Everyone with this group is so communicative and helpful! I cannot imagine a better experience.
Jessica B Aug 19, 2020
Michael was very persistent in helping me save money and even after I had not called or spoken to him in over a year, he immediately recognized my phone number and ask how my family was doing. Very nice guy and he runs a great business with some of the nicest people I've met.
Edward B Aug 17, 2020
Very pleased with the team! Awesome communication and very detailed! Thank you for everything.
Jocelyn M Aug 14, 2020
You’re team is obviously working hard through a lot of active deals and at odd hours day and night. But everything was communicated well, and clearly. I didn’t feel like it was ever over bearing. And there was even a push to get me complete before the 15th so that timing worked out well with the previous lender. I appreciated all that.
Jason B Aug 13, 2020
Did a great job with buyers and great interest rates. thanks.
Lyne S Aug 13, 2020
Communication was fantastic from all team members, and my clients closed on their home with no issues or delays. Happy homeowners, happy agent. :)
Kati H Aug 10, 2020
Thank you Michael & Team!
Brian M Aug 10, 2020
The whole Fooshee team gave my husband and me the time and attention we needed while making such a big financial decision as purchasing our first home.
Lindsey R Aug 10, 2020
I am a first time homebuyer and was nervous about the financing process but after working with the Fooshe I now know, I had nothing to worry about. Not only did they make the home buying process a breeze, they were very responsive and explained everything in high detail. I give them 5 stars and have already referred friends and family. I look forward to working with them again in the future!!
Mollee M Aug 09, 2020
Michael and his staff were very efficient and timely in meeting my clients needs from start to finish. It was a great transaction!
Tric S Aug 09, 2020
Even with Covid slowing the process down the Fooshee group stayed the course and pushed through to the end to meet our deadline. Appreciate everything they do.
Thomas P Aug 07, 2020
Got us a low interest rate, and closed when we needed to.
Jeremiah M Aug 06, 2020
Michael and his team went above and beyond to ensure a smooth transaction!
Erin B Jul 31, 2020
Always great to work with Michael and his team, thank you!
William B Jul 30, 2020
This company made our closing happen in 22 days!!
They were fantastic with communicating with us!
April B Jul 30, 2020
Mike was the best! Absolutely wonderful to work with!
Brett D Jul 30, 2020
Michael is always available no matter how many times you ask the same question in different ways! Knowing we always could expect an answer right away gave us great peace of mind.
Claudia B Jul 27, 2020
Thank you for such a wonderful experience! It was great to work with Teresa and the rest of the team who helped us through this process.
Bless you and peace be with you
Wesley B Jul 27, 2020
Communication and friendly
Perry R Jul 21, 2020
You have created the drive through experience in your industry. Efficient, priced right, and great service. The rates beat my existing lien holder by at least 3/4 point, the rates were fair, and you made what usually is an exhausting experience less painful.
Lance W Jul 20, 2020
Great people and outstanding service to get refinance completed quickly!
Adam P Jul 16, 2020
Very happy with the whole team and process.
Miranda D Jul 16, 2020
Quick and painless. Michael and his team consistently followed up to make sure all information was submitted timely and correctly so there weren't any surprises come closing time. Rate was great and will be working with them again.
Alexander V Jul 09, 2020
Outstanding communication, friendly people, process made easy by clear and thoughtful interaction. Thank you we could not have done this without you all. Special thanks to Michael, Teresa, Tara, and I know Im forgetting someone but be assured we thank you all .
Robin T Jul 09, 2020
Everybody on your team was terrific to work with. Everything was treated with a sense of urgency and even responded to emails over the weekend. Thank you very much for the wonderfully smooth experience. We are very happy with results and will be promoting your services to everyone we know.
Stephen W Jul 06, 2020
Michael and team are very easy to work with. He provided all the information we needed and answered all our questions during the first meeting. When new questions came up, his staff was always ready to respond. They kept us updated on all steps of our loan and closing.
Chad E Jul 06, 2020
Communication channels were fantastic. All the people I interacted with were knowledgeable and helpful.
Paul A Jul 04, 2020
Michael and his team are top notch. This is our second go around and he always comes through. His team is professional, competent and empathetic for our needs and advises us in the appropriate direction. I highly recommend.
Ryan H Jul 02, 2020
Communication from everyone in the office was clear, concise and regular. For such a complicated process, everyone involved made me feel confident in each step involved!
Mercedes P Jul 01, 2020
Michael and his team made the process of refinancing easy. It was a pleasure working with them.
David B Jul 01, 2020
What made our experience great? The level of care and genuine concern for a person's well being. Our rate was set and we were prepared to move forward but by chance Michael and his group found better rates and costs savings as we moved forward and unprompted they worked the deals to get us the best possible deal, even improving upon our already low rate a couple times without being asked. Incredible customer service.
Mitchell W Jul 01, 2020
Michale Fooshee and his team are very efficient and quick to get things done!
Charles E Jun 30, 2020
Michael and team are very timely, professional and kind! They definitely take care of all your questions and get you through the process quickly! They are an awesome group!
Rene H Jun 29, 2020
ease of transaction
Kimberly A Jun 29, 2020
Great rate , great service, excellent communication.
Chris A Jun 28, 2020
Another closing... another great experience with Michael and team. Job well done and we are very satisfied customers
Jason S Jun 26, 2020
If 1,000,000 was a score I could give, I would do it. Please expand the rating system so that I can more accurately express my feedback
Michael L Jun 23, 2020
Everyone we worked with was very professional, timely, communicative, proactive, and we closed in 7 days! Thanks so much again!
Mary-Grace R Jun 22, 2020
The Team's patience and professional persistence to jump some unusual hurdles is admirable.
At the last minute I questioned whether or not to proceed and the Team provided all of the comparable amortization schedules so I could proceed with confidence...but no hard sell, just clean facts.
Team Fooshee has completed one original finance and one refi, I absolutely would recommend them to family and friends.
Lisa H Jun 20, 2020
Michael and his team are very professional & knowledgeable. They responded to all of my questions in a timely manner and were proactive with requests for necessary information.
Brandon M Jun 19, 2020
Amazing experience, 7 day close, extremely communicative.
Benjamin R Jun 19, 2020
I have worked with this team on two home purchases and have referred them to my Family. From excellent communication to overall industry knowledge, I continue to do business with Michael and his team. Thanks!
Brandon T Jun 18, 2020
Michael and his team provided detailed information throughout the process. Always quick with responses to questions and made sure our refinance continued moving forward towards a very quick closing.
Skyler D Jun 13, 2020
The process was seamless and quick which made the whole thing enjoyable !
Brittany T Jun 11, 2020
Patty M Jun 11, 2020
Michael is easy to work with, highly recommend!
Garrett S Jun 08, 2020
First off let me apologize for the delay in rating the service Verity Mortgage provided my family. Audrey is a megastar, truly. She is the definition of value adds. Her transparency provided the last piece of information I ultimately needed to see if I could realize a dream. Ms. Teresa is the BOSS! She kept us on task and clearly communicated the impact if we delayed deliverables. To have someone that can maintain timelines regardless of Murphy’s Law is a talent!
Jonas M Jun 07, 2020
Wonderful experience from start to close. Great team to work with.
Tyler T Jun 04, 2020
Never quit attitude!
Gregory S Jun 02, 2020
Ive had a great experience working with the Foshee group. Their professionalism and communication was outstanding. Theresa, their processor was thorough, efficient, very accessible, answered all my questions, and made me feel are home. Michael was calm, reassuring, and I felt I was in the hands of a Pros Pro from the beginning.
Arthur M Jun 02, 2020
Kimberly M May 27, 2020
This was my first time ever buying a home. Michael and his team made the process so easy for me. They answered all my questions and never made me feel like my questions were stupid. They really took the time to help me understand everything I asked them. They didn’t make me feel like just another number. They were very dedicated to helping me get approved. Thanks guys!!!
Nikeshia P May 26, 2020
I was in an unique buying situation and my Loan Officer Audrey was AMAZING. No question was stupid and she was always available to answer my questions. I would recommend anyone and everyone to this company.
Cailey G May 26, 2020
Michael was very helpful and he answered all of my emails.
Brenda Q May 24, 2020
The staff at Verity Mortgage was extremely professional and took care of my needs promptly while providing feedback along the way. They did a great job.
Somchai S May 22, 2020
Chelsie M May 22, 2020
Michael Fooshee is trustworthy, user-friendly, and follows through with what he says. He was highly recommended by a successful realtor in the DFW area due to these professionalism and hard work and it held to be true. I would also like to give Audrey a thumbs up because she answered phone calls and emails quickly and was always on top of things. I highly recommend working with the Fooshee group. Top notch!!!
Sylvia P May 21, 2020
It was painless.
Roberto Q May 21, 2020
Michael and his team were excellent throughout our entire home buying process. We had to delay our close and Michael’s team kept communication open and helped reduce the stress of the unknown in buying a home. Thank you for everything!
Michael N May 18, 2020
Excellent communication and got it done quick!
Sheri K May 14, 2020
The team was great and made the refinance process super easy! Thanks for making it such a smooth process!
Lori K May 10, 2020
Jennifer R May 07, 2020
I was proccupied most of the way through the process an the entire team was very patient and willing to ask twice for data and they were very helpful with explainations
Russell B May 07, 2020
Everyone is so nice and understanding
Laura M May 07, 2020
First and foremost, being treated like a human being and not a transaction, was a very welcomed surprise. You would think that it would be a given, but as a matter of fact, its quite the opposite. When I felt like I wasn't checking all the right boxes for another mortgage company, I immediately know that what this team has is special.
Secondly, the Fooshee team is not only knowledgeable, but every move they made was for the explicit benefit to me...and they have personality! BRAVO
Sophia H May 04, 2020
Michael is so knowledgeable and so easy to communicate with, such a seamless process!
Catherine M May 03, 2020
Extremely easy process, great communication, delivered us an amazing new rate. Would definitely recommend the Fooshee Group.
Jill M May 02, 2020
Michael and his team were extremely easy to work with and they paid close attention to detail. A very professional team!
Clay P Apr 28, 2020
I'm a REALTOR and Michael has helped numerous clients and friends of mine. He just helped my family with our own refinance and he and his team were great. Highly recommend!
Larry H Apr 27, 2020
An efficient and no-hassle refinance process.
Russell C Apr 27, 2020
Was very patient and informative with the whole process. Enjoyed working with Michael as well as Teresa and Audrey on his team during our refinance.
James D Apr 23, 2020
Communication was excellent. All our questions were answered, and ultimately we were pleased with the outcome of our refi.
Heather D Apr 23, 2020
Fast response and very helpful. Michael and Teresa were great throughout the whole process and really on top of it.
Charles M Apr 21, 2020
Michael and his entire staff were very friendly, helpful and easy to work with. I actually felt like I mattered and I wasn't just another re-fi.
Kimberly H Apr 21, 2020
I think the communication was really good. I always knew what was going on.
Keith H Apr 21, 2020
Very easy to work with and quick to answer any questions with the process!
Elizabeth G Apr 17, 2020
Michael and his team were in communication with us every step of the way on our refi journey. If any questions arose they were there for us immediately. Michael also saved us thousands by recommending we forgo the escrow process. While this may not be for everyone, michael was able to recognize our needs and design a program that made sense.
Robert T Apr 13, 2020
I think this is our fourth or fifth mortgage/refinance with Fooshee and team!
Thanks again man!
Brandon M Mar 26, 2020
Michael and is staff is so kind and very willing to go the extra mile to help their clients make it to closing.
Julee M Mar 21, 2020
My first experience with the Fooshee Group was after another lender told my buyers they had to bring $20k+ to the closing table AFTER we had to extend closing 12 days. We switched the loan to the Fooshee Group who was able to give my buyers a better interest rate, quickly close in 14 days, AND saved them over $10k! This team works efficiently & tirelessly (even staying up as late as 11PM the night before closing) to ensure the loan closed on time, all while having impeccable communication!
Alicia S Mar 21, 2020
Michael and team are fantastic. The process of buying a house can be intense, however everyone was always available to answer any question big or small and eased the stress. Highly recommend!
Sonya V Mar 21, 2020
The team went above and beyond for us as we were in the process of buying our first home. They got it done quickly and efficiently for us under our circumstances. Audrey and Teresa were phenomenal!! I would highly recommend them to anyone!
Ashley B Mar 18, 2020
Very quick and painless!!
Lane M Mar 18, 2020
Michael and his team went above and beyond AGAIN to help my out of state buyers buy their first investment property in Prosper! It was a REO property and we had to close remotely and they were able to get it done early and communication was amazing! My client is already looking for their next property with Michael and his team funding that one as well!!!
Stephen C Mar 18, 2020
Very Transparent, honest & quick.
Special thanks to Audrey, Teresa & Michael
Vinayak R Mar 18, 2020
Michael and his team are top notch. I have used them a few times now and the service is always prompt and professional.
Wayne U Mar 15, 2020
We engaged Verity after a disastrous and potentially very costly experience with another mortgage company.
Mike called us personally and then mobilized his team to begin the re- application process. The time constraint was challenging, we had just over one week and we were anxious; and, honestly, our previous experience left us untrusting and feeling a bit burned. Mike and his team were calm and confident. “Relax”, we’ll take care of you”, was their message.
Every word TRUE!
Robert D Mar 04, 2020
Teresa was great and very detail orientedSuper fast and get my loan done thank you guys very much
James M Mar 02, 2020
Both Sam and Michael make a dynamic duo and the constant communication and availability will forever continue to earn my business and trust!
Jennifer K Feb 15, 2020
I don't have a lot to compare my experience to because I've only purchased one other home; however, given the difficulty of doing this from a distance and the various things that could have made this more challenging, I'm very satisfied that it worked out as it did. Communication was great and problems were resolved easily. We even moved the closing to a week sooner, and there were no issues getting it done.
Kendrick B Feb 11, 2020
We are first time homeowners and had a REALLY great experience.
Mickow M Feb 05, 2020
Michael and his team are a class act. I would refer him to any of my friends, family or clients. He is not only professional, but he provides excellent knowledge and customer service. I know my clients are truly cared for when working with Michael. I look forward to working together again in the future!
Kristin P Feb 03, 2020
Teamwork and coordination. I'm a first time homeowner with a very busy schedule yet the entire process was a breeze. The team was efficient and constantly updated me on the next step or what was required within the process. Sam, Teresa and Brianna took the weight out of my hands and displayed exemplary service and understanding. The team was also compassionate and empathetic. I will definitely recommend the company.
Daniel O Jan 30, 2020
The process was very easy from start to close. Michael’s team was very polite and professional through the whole process. Any questions I had they were always available to talk with me and answer any questions I had. Their customer service was top notch and I highly recommend them to anyone looking to refi or purchasing a home.
Justin R Jan 27, 2020
It was great working with Michael and his team and would highly recommend them to any friend! They got me an excellent interest rate and provided great communication during every step of the process.
Lisa C Jan 06, 2020
This was such a great company to work with! Our entire loan process was extremely smooth and we always felt well taken care!!
Merissa R Dec 20, 2019
Mike always does the best job and handles all the heavy lifting. It’s as seamless as it gets. Thanks my man
Corey S Dec 09, 2019
Great job all around
Daniel C Dec 05, 2019
Amazing communication from start to finish. Efficient and professional. Highly recommend!
Thani B Nov 14, 2019
Just the ease of things....
Tracy R Nov 11, 2019
Sunggin K Nov 11, 2019
Martin M Nov 05, 2019
5-star experience for me and my clients!
Daniel M Nov 01, 2019
Everyone kept us in the loop and communicated through the whole process!
Sandra P Oct 28, 2019
Everyone was so nice...very personable and knowledgeable. Buying a house was contingent on mine in Austin selling. My buyer gave us some surprises and changes. Everybody on the Dallas end was very accommodating. As of yesterdat I am in my new house that I love!! Thank you for all you did to help me!
Shirley A Oct 27, 2019
Kisha W Oct 24, 2019
Paula O Oct 22, 2019
Audrey was the bomb. I had never bought a house on my own and had tons of questions, and complications (from the build side). She responded promptly and thoroughly throughout the 8 months since we first connected. I had what you might call a pretty much seamless experience, start to finish. I will definitely recommend you to others.
Shannon D Oct 21, 2019
Thanks for all your team did to make our dream a reality! We are thankful, grateful and home!
Samantha M Oct 21, 2019
Not only was Michael’s individual performance outstanding, but the performance of his team was top notch, as well, which demonstrates Michael’s excellent leadership skills. Michael and his team were prompt and professional on every interaction we had with them. This is the 5th home we’ve purchased, and Michael’s team outperformed every other mortgage corporation hands down. Great job guys!
David S Oct 08, 2019
This process was extremely easy and pleasant
Patrick G Oct 07, 2019
The Fooshee team was very professional, courteous and friendly. They were extremely knowledgeable and quick to respond.
Jasmine S Oct 07, 2019
Quick and easy
Charles C Oct 02, 2019
Michael, Audrey & Team were there for myself and clients on every detail and available all the time.
They went above & beyond to ensure a smooth transaction & happy clients.
I highly recommend them to all !! Thank you Verity; you rock! Lori K
Lori K Oct 01, 2019
Incredible and genuine service. Absolutely made purchasing a home an easier and more pleasant process.
Caleb F Sep 30, 2019
Michael and his team were super helpful and knowledgeable! Everyone was super friendly and super prompt. Would highly recommend!
Kalina F Sep 29, 2019
Michael Fooshee and team were attentive, kind and thorough. I am still getting assistance from Micheal well after the transaction. I cannot express how happy I am with this team of professionals. I will recommend to friends, family and clients alike. Thank you!!
Kelly W Sep 25, 2019
Brittany T Sep 10, 2019
The communication throughout the whole process was superb. I have bought two houses through this group and would do it again! Seamless processing and great customer service! Way to go!
Brandon T Sep 09, 2019
Audrey was a huge help throughout the entire home buying process! She was very educational and answered any questions we had in a very timely manner. We will definitely refer any family/friends who are looking to purchase or even refinance their home to Verity Mortgage! Thanks again for such a smooth and stress-free process!
Jordan B Sep 09, 2019
We appreciate the entire team and the effort that went in to making this a painless process. There was one challenge right after closing and Audrey worked with us to ensure it was resolved. I might add that it was late on a Friday and she didn’t hesitate. The follow up and communication were wonderful!
Kari U Sep 03, 2019
Great people and company to get the job done right!
Taylor B Aug 30, 2019
Audrey Morris is excellent to work with as she is very communicative, proactive and explains things very well to new home buyers. My buyers were very nervous about the process and she put them at ease during the entire process!!!
Deborah S Aug 30, 2019
Communication was great which is super important to me. Michael called me literally within 10 seconds of emailing him.
Miles M Aug 29, 2019
Michael and his team were awesome to work with. Michael promised a drama free smooth transaction and that's exactly what was delivered. If I needed to do another mortgage tomorrow I would rely on Michael 100%. Our thanks to Michael and his team!
William B Aug 20, 2019
Michael and his team were very professional during the complete process.
Stephen D Aug 19, 2019
Cathy T Aug 17, 2019
Friendly and timely communication throughout the process.
Susan H Aug 10, 2019
Quick process. Went the extra mile to fund the loan on a late Friday afternoon.
Sandra W Aug 06, 2019
Every single person at Verity that we interacted with went above and beyond for us. Especially Audrey—we cannot thank her enough. I was able to call or text them directly with the questions at the drop of a hat, and they were very encouraging even when we doubted ourselves. We can’t thank them enough.
Rachel R Aug 04, 2019
Everyone we had contact with was so friendly and helpful. We couldn’t have asked for better communication throughout our home buying process!
Heather S Aug 01, 2019
Fooshee and his team were amazing to work with during my refi! Communication was on point and they took care of everything. Would highly recommend :) Thank you!
Tabitha E Aug 01, 2019
Michael and his team go above and beyond for my clients every time. 100% recommend!
Gina K Jul 23, 2019
Matthew B Jul 14, 2019
Customer service was on point. Communication was fast, easy to understand, and any questions we had were answered right away. Michael and his team offered excellent support to us throughout the process, and we will absolutely be recommending their services.
Jared E Jul 08, 2019
All of our questions were answered immediately and it made a stressful process as smooth as possible!
Jennifer E Jul 08, 2019
Made the whole approval process easy. Very communicative and helpful team.
Hyang S Jul 06, 2019
Michael Fooshee and his team are outstanding! If you want a lender that can get the job done quickly, correctly, and provide timely and professional service - this is your lender.
Bethany J Jul 01, 2019
Very straightforward and did what you said you would do. Great experience!
Michael S Jun 28, 2019
Working with Michael, Audrey, and team was an excellent experience; I would absolutely recommend their services to others.
Kyle J Jun 28, 2019
Michael and his team were great to work with. Response time was excellent and the entire process was seamless. I did not think it would be so hassle free to refi.
David B Jun 26, 2019
Michael & his team gave us excellent customer service! They made it clear that they would help us every step of the way. This process was so easy and fast! We will definitely use them again.
Rene H Jun 25, 2019
Michael and his team were professional, empathetic, timely and patient with our refinance. We feel his team had our best interest in mind during the process and feel very pleased about our experience with this very important financial decision. Definitely will recommend Michael and his team for any friends and/or family.
Ryan H Jun 21, 2019
Michael has done an amazing job on all the transactions we have done with him! Responds quickly, keeps us informed and gets the job done! I would highly recommend him!
DeWayne S Jun 07, 2019
Prompt responses when questions were asked. Walked through numbers with me on the phone.
Brandon S Jun 03, 2019
Michael did a great job throughout the entire transaction. He kept us all updated with every step which my seller appreciated as well. Thank you.
Thomas C Jun 01, 2019
Cynthia B May 31, 2019
Michael and his team got my clients loan through underwriting in record time, lightening like speed!
Chris W May 29, 2019
Michael is my "go-to" lender. He can close deals quick and handle the more complicated loans which many of my clients require.
Rach P May 29, 2019
From start to finish Michael and his team were a pleasure to work with! There communication, professionalism, and ability to get things done is second to none in this business. I’m very grateful and will recommend again and again.
Stephen C May 17, 2019
Michael and his team made my wife and I's first home buying experience a walk in the park. They were just itching to help us out and, Michael personally went above and beyond to get us the house. We would likely not have gotten the house without him.
Jeremiah G May 15, 2019
My whole mortgage process went so smoothly from start to finish. Which never happens for me, so I kept waiting for something to go wrong or get held up, but it NEVER did! They were in constant communication with me and we went from purchase to closing in just 16 days. It was a pleasure and I highly recommend!
Sheri B May 15, 2019
As a Realtor, I'm always impressed how quickly Michael and his team work! We went under contract on a Sunday night, the appraisal was back, negotiations were done and we had a clear to close in 7 days! 5 stars for sure!
Elizabeth G May 14, 2019
Great lines of communication and quick turn around for questions.
Jamie G May 11, 2019
I was only ask for documents ONE time! I’ve never had a mortgage lender not come back and need more bank statements, pay stubs, or other documents. This made the process super easy. Everything was asked for upfront and we closed in less than 30 days. Couldn’t ask for a more friendly team or an easier transaction!
Sean G May 11, 2019
Really made us feel like he would do what ever it took to get the best rates possible for us and always answered any of our questions (which were plentiful, us being first time buyers) I can happily say that today we have an amazing house and a killer interest rate thanks to him!
Zachary W May 07, 2019
From the moment we talk to Audrey until the moment she gave me my blanket everyone has been tiptop everyone worked really hard on our loan everyone was gracious and polite they helped us with any questions that we had I would for sure recommend Verity mortgage you guys were the best you're awesome and everyone that works for you was pulling very hard for us and we appreciate it so much
Linda G May 04, 2019
The level of service was absolutely extraordinary in terms of turnaround time, caring disposition, and expertise.
Chad S Apr 25, 2019
Talented and driven. Would recommend others.
Gary B Apr 25, 2019
Buying a house at 23 was scary, but Michael and his team made the process so easy and smooth and walked me through every step of the way! I am now a homeowner thanks to their help and it’s awesome!!
Emily L Apr 25, 2019
Michael is an exceptional communicator, very timely, very patient, and very good at explaining the process. I highly recommend him and his team!
Katherine S Apr 25, 2019
Michael vowed to take care of us from the beginning and he did! He and his team were on top of everything from start to finish! Thanks Michael!
Heather B Apr 19, 2019
We have used Michael for several transactions and he always takes good care of us!
Priscilla B Apr 18, 2019
Super easy process from start to finish! Everyone was helpful and most importantly they listened to our concerns throughout the loan process.
Juan B Apr 15, 2019
Very supportive throughout the entire process. Took care of things for me that they didn’t have to before I even asked.
Tanner I Apr 04, 2019
Gilbert C Mar 21, 2019
I enjoyed working with Lera and Audrey throughout the process. They were patient with me as a first time home buyer. They answered all my questions, even the ones I asked twice!
Shelby A Mar 06, 2019
We were extremely grateful for the efforts you went to to find us a loan. Your team were very patient; excellent with first time (and nervous) home buyers. Your team thoughtfully sent out a congratulations gift which was super unexpected, but it helped make the whole experience even better. Your app is very user-friendly and convenient. The entire process, with your companies help, was very easy to navigate.
Antony L Feb 01, 2019
Everyone I spoke to was very courteous and professional. Also Lera was so patient with this senior adult concerning all the docu sign transactions.
Ila P Feb 01, 2019
The quickest, smoothest and least stressful mortgage experience ever. I highly recommend Michael and his team. They have won customers for life with us.
Shawn B Jan 29, 2019
Mr. Fooshee and his team were extremely helpful and responsive throughout the entire process and provided us with frequent updates regarding the status of our loan. Additionally, there was transparency regarding any issues that came up and we were able to address them immediately. We have closed on multiple homes in the past and this was the best experience we’ve had thus far!
Bianca M Dec 10, 2018
All communication was quick and any questions i had were answered
Neena C Dec 03, 2018
Chism D Oct 26, 2018
Michael was incredibly helpful, respectful, and prompt throughout all of our interactions with him. We highly recommend him and his team.
Franklin B Oct 23, 2018
The team was easy to work with.
Long C Oct 23, 2018
Great communication and speed. This was our first refinance and they held our hand through the process and let us know everything that was going to happen and how to best prepare to make it successful. Everything went really well.
Rand M Sep 10, 2018
Michael and Jerry we're very attentive. They worked well with first time home buyers who didn't know what they were doing. We already had a bad experience with a mortgage lender and we we're very frustrated. Michael and Jerry made us feel so much better about the process and encouraged us at every step.
The rest of their team is great too. Once we made it to Lera, she was really kind and helpful. Her communication was very fast and reassuring. I recommend the whole team.
Sharp T Sep 03, 2018
It was great experience, very easy to work with.
Chance D Aug 24, 2018
Prompt, responsive, and very thorough! Loved our experience with Michael and his team!
Usie E Aug 23, 2018
They were extremely helpful, patient, and worked with our small time window! We would not have our dream house without their help!!
Powell A Aug 23, 2018
Very professional and made communication easily and got answers in a timely matter
Argueta E Aug 16, 2018
Lewandowski K Jul 09, 2018
Doing a loan with Michael was easy like Sunday morning!
Swick J Jun 29, 2018
The team work between the different persons involved to get us to closing was awsome.
Evivie P May 31, 2018
Fooshee and his team were amazing!! Great communication and made everything so easy!! Loving our new house. Thank you.
Ehrhart T May 27, 2018
We came to Michael with rushed and specific needs. He not only met our needs but went above and beyond to communicate with us, help us understand the process, and get make us fully comfortable with our decisions. We were able to close 10 days earlier than expected and couldn't have asked for anything better! We are so thankful for the entire Fooshee Team!
Biller A May 14, 2018
We want to make your home financing as easy as it can be. With Verity Mortgage, you can relax while we handle the details.
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!
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
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
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.
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!
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
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
You don’t have to settle for a house that only has half of the items on your wish list. With renovation loan you can buy in the perfect neighborhood and then get all the items on your list without coming out of pocket. This loan allows you to combine the purchase price of the home and the cost of repairs and upgrades into a single mortgage. No second lien at a higher interest rate required. Other benefits include:
- Get a home in a great location below market price
- Getting a bargain on a home allows you to move to a higher priced area of town
- Get more bang for the buck with a larger home
- Opens up your search area
- Your home fits your taste and family requirements
A remodeling home loan allows you to make your current home into your home for the future. These types of loans allow you to roll the costs of the work you do into one new mortgage. No second lien required, most likely at a higher interest rate. Since this is a refinance, you can also capitalize on lower interest rates, move to a shorter loan term and possibly lower payments.
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.
This a decision you must make. Here is one way of looking at the question: If you can afford the payment and are comfortable with all the other terms, it makes sense to go ahead and firm it up IN WRITING. Do not be overly concerned if rates fall after you lock. If your objective is to purchase the property, you have eliminated one uncertainty. If you are refinancing, locking the rate guarantees that you will reduce your monthly payments or be able to obtain cash you need for home improvements or other worthwhile goals.
You can lock your rate at application, while your loan is being processed and approved, or any time shortly before closing.
Verity Mortgage offers lock periods up to six months on some loan programs.
PMI is required for conventional loans with a down payment of less than 20th of the value of the home. You can avoid paying PMI by making a down payment of 20 or more of the value of the property you want to buy.
PMI will be automatically terminated when the loan-to-value ration is scheduled to reach 78 assuming all payments are current. Borrowers can request cancellation of PMI when the loan reaches 78 assuming all payments are current. Borrowers can request cancellation of PMI when the loan reaches an 80 loan-to-value ratio, assuming the loan is current.
How do I know whether the house is in a flood zone, and if so, how can I determine my insurance premium?
Verity will order a flood certification before loan closing, as required by federal law. However, if you would like to find out if the property you are purchasing is in a flood zone, you can contact your insurance agent or check the local library for updated flood maps. FEMA determines flood risk by comparing your lowest floor level to flood levels from the past 100 years. FEMA bases flood insurance premiums on this information. You may need to get a slab elevation if you are unable to obtain this information from the seller or your local permit office
Annual Percentage Rate (APR) is a calculated interest rate that reflects the overall cost of a loan on an annual basis. APR includes interest payments, origination fees, discount points, and other specific costs of getting a loan and is, therefore, usually higher than the interest rate. APR can be useful for comparing different types of loans. However, while all lenders are required to calculate APR based on guidelines provided by the Truth in Lending Act, not all lenders include the same costs in the calculation. This can make it difficult to compare the APR for loan programs from different leaders.
Points, also known as “discount”, are funds paid at closing so that you can get a lower interest rate for the life of the loan. For example, you may be quoted a rate of 7.375 with 0 points or 7.000 with 1 point. One point is equal to 1 of the mortgage amount.
Closing costs are expenses paid, by both buyers and sellers, at the closing meeting. Closing costs include pre-paid taxes and insurance, discount points, origination fees, title insurance, and other fees that may apply to your loan.
Pre-paid items are hazard/homeowners insurance, taxes, and pre-paid interest. Most insurance is paid in advance, so you will be required to pay for your homeowner’s and flood (if required) insurance policy for the first year in advance. Also, the lender will require you to make a deposit of up to 2 months of payments in order to establish an escrow account.
Many loan programs require that the lender pay the taxes and insurance on behalf of the borrower. Your loan officer can determine if the option to pay taxes and insurance yourself is available on the loan program that is best for you.
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 of less 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.
Types of Loans
Streamline 203K: This is for projects where total renovations do not exceed $35,000. It is more for minor changes like upgrading HVAC, paint, fixing or replacing roofs, patios, septic systems or remodeling a kitchen. It does not allow for structural changes like foundation work.
Full 203K: This for projects that need to be more expansive in nature and may go over $35,000 in total renovations. It can be used for all the repairs from a streamline, but you can also make structural changes and reconstruction, repair or replace plumbing or use it to improve energy conservation, safety or disabled accessibility.
This is a great option when buying a home that needs a little TLC or you want to make your current home into your forever home.
What can a Homestyle Renovation help with?
- In-ground pools
- Interior and exterior upgrades
- Kitchen or bathroom upgrade
Program Flexibility: Conventional loans allow for different terms and down payment. Meaning you can customize your down payment, whether you have a first and a second or if you want to do one loan with Mortgage Insurance.
Program Flexibility: Conventional loans allow for different terms and down payment. Meaning you can customize your down payment, whether you have a first and a second or if you want to do one loan with Mortgage Insurance.
Loan Limits: Conventional loans are capped at a maximum loan amount of $453,100 for single-family homes unless the property resides in a High-Cost Area of the United States.
Second Liens Permitted: Another difference between conventional loans and the other programs is the ability to add a second lien to assist with down payment requirements. This also is a good option when buying a higher price house and need to go above the maximum financing amount in a non-High-Cost Areas.
Loan Limits: Loan amounts starting at $548,250 or $822,375 for home loans in high-cost areas of the U.S and loan amounts to $3,000,000 and above
A VA home loan is a great benefit to military personnel during and after their service. Thank you for your service and sacrifice for our country.
No Down Payment: A VA home loan comes with 100% financing. Contact one of our home loan experts for more details.No Mortgage Insurance: Unlike USDA a VA home loan does not have monthly or annually mortgage insurance.
Certificate of Eligibility Required: In an effort to make sure we use your Veteran Benefits properly borrowers must obtain a Certificate of Eligibility . The VA Benefits portal will be able to help you find this information or contact us and we can assist you in getting the info.
Low Down Payment: FHA loans are great for first time home buyers or home buyers that are working with limited down payment. A down of 3.5% is all that is required and can be a gift from a relative.
Flexible Income Requirements: The original goal in 1934 for FHA loans was to make home ownership possible. One way the program does that is by allowing for more flexible income and credit guidelines.
Loan Limits: FHA does have different maximum loan sizes by area. To learn more click on here to see what the Loan Limits are in your city.
No Down Payment: The USDA loan comes with 100% financing. A down payment is not required which can be an obstacle to homeownership.
Low Monthly Mortgage Insurance: The upfront insurance rate on a USDA is generally lower than VA or FHA. It also has one of the lowest annual mortgage insurance fees. Other good news is the upfront fee can be rolled into the loan, eliminating an out of pocket expense at closing.
Only available in certain geographic areas: To get a USDA loan, the property you buy has to be in a USDA designated rural area, but that does not mean it is necessarily farmed land. Over 90% of the U.S. is eligible, which includes small town and suburbs. The USDA Mortgage Eligible Map will show you all the areas where you can use this loan.
Income Limits: The USDA loan was originally designed for low to moderate-income families. The guidelines for USDA define income level as being 115% of the area’s median income. This income amount if very different in different parts of the country and can be very different in certain areas of a state. Please contact one of our home loan experts to learn more.
- Fixed Rate and Adjustable Rate
- FHA, VA, and USDA Loans
- Jumbo and Conforming Loans
- Conventional Financing
- Renovation Loans
Special Programs for Non-traditional borrowers also available
100% YES! This one decision will make the home buyer process go much more smoothly. The pre-qualification process is simple:
- Gather your personal financial information such as bank statements, W-2 forms and paycheck stubs, and meet with your Loan Officer.
- We will pull your credit report and evaluate your financial documents. With this information, you and the loan officer are able to discuss the best home financing options that will help you achieve your financial and homeownership goals.
- Once you are prequalified, we will give you a prequalification letter to inform your real estate professional and the seller of the property that you’re a preferred and serious potential buyer. This will give more weight to any offer you extend on a property as well as allow you to relax and enjoy the process of looking for your new home.
- How long will you live in this home? Several years, or just a few?
- Do you anticipate your income or finances to significantlychange over the next few years? Do you anticipate significant changes to your income or finances over the next few years?
- Are you either comfortable or uncomfortable with an adjusting monthly mortgage payment? Have you considered an adjusting monthly mortgage payment?
- Do you plan to be out of mortgage debt by, for example, when your children start college or when you retire?
Based on your answers, your home loan expert can discuss different home loan programs that will suit you financially and help you reach life’s milestones.
An FHA loan, on the other hand, is guaranteed by the Federal Housing Administration. FHA is a government agency that works with approved lenders like us.
Typically, origination points are applied and disclosed at the time of locking in an interest rate. On the other hand, discount points can be added at the time of lock or later in the process if you choose to pay to reduce your interest rate.
Origination fees are the fees required to originate the loan. They can include processing fees, underwriting fees, administrative fees, and several others. One of our Loan Officer can give you a complete breakdown of these fees as they vary from state to state.