This is an education based mortgage company, which is a phrase that means very little unless somebody teaches you something. So here is the real material, the parts that change outcomes.
Nothing here is a sales pitch. If it saves you money with somebody else, take it and go.
Your score is a gate, not a verdict.
Lenders price on tiers, not on a pass or fail line. Moving from a 638 to a 641 can change your options materially, and that jump is often a matter of paying down one balance rather than waiting a year. Ask before you assume you are out.
The number that quietly does the work.
Most declines are DTI declines wearing another name. Your monthly debts divided by your gross monthly income determines the ceiling on your loan amount. The good news is that it is often movable, sometimes by paying off one small loan with a large payment attached.
Not a mystery, and not all negotiable in the same way.
Some line items are lender costs, some are third party costs, and some are prepaid amounts that would be yours to pay anyway. Knowing which is which tells you where there is room to move and where there is not.
It is not personal and it is not a bait and switch.
Mortgage rates track the bond market and move daily, sometimes more than once a day. Until you lock, the quote is a snapshot rather than a promise. Once you lock, it is held for the lock period regardless of what the market does.
Your taxes and insurance, saved for you monthly.
Rather than being handed a large tax bill once a year, a piece of it goes into an escrow account every month and the servicer pays it when it is due. This is why your payment can change even on a fixed rate loan.
The property can carry the qualification.
Investor lending is underwritten differently from the loan on the home you live in. On a DSCR loan the rental income is your proof of income, which is why investors with heavy write offs can keep buying when conventional lending says no.
A written pre-approval, often back within the hour.
