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Don’t Do Your Mortgage By Yourself

When you’re buying a home, you need to have a strong mortgage lender involved to make sure that you get the best rate on the right loan.  You won’t get that Googling mortgage rates and using a mortgage calculator that tells you how much home you can afford.  You have to get into the numbers with a real mortgage professional that will tell you the truth and tell you how much you can afford.  Don’t do your mortgage by yourself.  Get pre-approved by a strong mortgage lender.

A mortgage pre-approval is the first step on the road to home ownership.  You need to have a professional look through your financial history and determine how much home you can afford to pay for to help keep you from getting in over your head.  While a mortgage calculator can tell you how much your salary can afford, it doesn’t take into account your other debts, inflation, and everything else that goes into a real household budget.  Your debt-to-income ratio is something that has to be used in the determination as well, as it shows how well you can make a payment.

Getting a mortgage pre-approval is like putting gold in your pocket.  You get the knowledge that you can make an offer on the home you want, and you tell the seller that you are serious and ready to make a deal.  You immediately become a committed buyer with real buying power.

The Home Loan Expert can get your pre-approval in 5 minutes over the phone if you’re ready with paperwork.  Gather the following:

  • Paycheck Stubs
  • W-2
  • Bank Documents
  • Investment Documents
  • Tax Documents
  • Profit Statements (Only if self-employed)
  • Proof of income from rental properties
  • Proof that a gift is not a loan
  • 12 months of canceled rent checks and bank statements
  • Divorce decree
  • Proof of age of children in child support is involved
  • Bankruptcy discharge paperwork

Then give us a call and let us go to work.  You’ll have an answer quickly and accurately.

Call The Home Loan Expert Team in St. Louis at (314) 781-9700, Chicago at (773) 770-4727, Indianapolis at (317) 550-1515, Nashville at (615) 810-8555 or Birmingham, AL at (205)721-7656.  You can always apply online at hero.loan for your VA Loan, and www.thehomeloanexpert.com for your other mortgage needs, and we’re also open on Saturdays and will come to you to help close your loan. We work hard to make it easy on you.  Nobody gets lower rates on better loans than The Home Loan Expert, Ryan Kelley, why go anywhere else?

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