Broker Services
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Consulting with borrowers on available loan programs, monthly budget and terms available
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Taking information from you and filling out a loan application
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Analyzing your income and debt and pre-qualifying you to determine the maximum mortgage that you can afford
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Ordering legal documents;
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Determining whether the property is located in a flood zone or ordering such service
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Participating in the loan closing.
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Initiating and/or ordering appraisals
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Educating you in the home buying and financing process, advising you about the different types of loan products available, and demonstrating how closing costs and monthly payments could vary under each product
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Collecting financial information (such as tax returns, bank statements and the like) and other related documents that are part of the application process; • Initiating and/or ordering VOEs (verifications of employment) and VODs (verifications of deposit)
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Initiating and/or ordering requests for mortgage and other loan verifications
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Initiating and/or ordering inspections or engineering reports
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Providing required federal and state disclosures and notices to you
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Assisting you in understanding and clearing credit problems
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Maintaining regular contact with you and others involved in the application process (such as realtors and the lender) between application and closing to apprise them of the status of the application and gather any additional information as needed