Best New Tips for Buying Your First Home
VALOR HAS THE BEST NEW HELPFUL TIPS FOR BUYING YOUR FIRST HOME YOU’VE BEEN SEARCHING FOR!
When buying a home, you need a team behind you that you can trust! We are here to simplify your home-buying experience!
Check out our New Helpful Tips for Buying a Home you deserve to know.
Often, a home buyer, especially a first-time home buyer, will not understand that buying a home is a marathon, not a sprint.
Valor Lending Group can help you every step of the way through the home-buying process.
That being said, let’s look at how simple the process can be.
1. Prequalify For a Loan
This is the first of the 6 steps to buying a home. With the help of your Mortgage Loan Originator, you decide on a loan program that works for you. You will be sent a full disclosure package containing an application and a list of required documents that need to be obtained. You’ll fill out the application, gather the materials, and submit it.
2. Find Your Home and Submit Your Application
After submitting, your Loan Processor is your point of contact and will be throughout the process. This person will review your information and ask for anything necessary to complete your application.
3. Loan Processing
Once everything is in order, the Loan Processor will submit your information to a loan Underwriter, who will meticulously examine your documentation and information. It’s possible that the Underwriter will request additional information on some unverified items. This part of the process may require some back and forth between the Underwriter and your Loan Processor to ensure that all government and lender guidelines are met.
4. Schedule Your Closing
After all the guidelines have been met and all information has been verified, your file will be issued a Clear to Close. Once this is issued, your Loan Processor can schedule the closing and the signing of the final documents.
5. Closing On Your Home
At the closing table, your closing agent will thoroughly review all details of the transaction, the closing costs will be due, and you will sign several pages of documents. The Closing process can be stressful, but don’t let it distract from your excitement that the mortgage process is almost complete and the house you want can now be yours.
6. Congratulations!
You Are Now a Homeowner
Call or email me for immediate attention to your scenario!
Valor Lending Group can fund your fast-hard money loan up to $10mm in as little as 7 days, often without an appraisal.
VALOR LENDING GROUP OFFERS EVERY MORTGAGE LOAN IN THE BOOK!
Check out more information on our programs CLICK HERE, and please do not hesitate to call on me for any scenarios.
I look forward to an opportunity to demonstrate my prompt and professional service.
Recap of our Loan Products
- Hard Money Loans (35% down / minimal documentation) are Typically Funded in 7-10 days.
- Stated Income Loans (Great for business owners and self-employed) No tax returns!
- Valor VA Home Loan 100% financing up to $1.5MM
- Rental Property Loan – No tax returns or DTI calculation! Based on the subject property’s cash flow – No DSCR Coverage is needed!
- Flipper & Rehab Loans (Flip a property with one of our many options)
- 2nd Position Loans up to $5mm
- Raw Land & Lot Loans
- Ground-up Construction for spec homes, custom homes, and commercial ground-up.
- Farms, Vineyards, Ranches, and Agricultural Properties (25-30% down)
- 10% down Jumbo’s with NO MI up to 2MM / 10% down up to $3mm
- Acreage Properties
- Commercial Loans up to $500mm
- 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
- Foreign Nationals Loans (no social security or residency required)
- **Terms and conditions can change daily without notice
Other Programs we Offer:
- Conventional Conforming Loans
- High Balance Conforming
- FHA, USDA
- Reverse mortgages up to $1 Million in Value
- Cash-Out Refinancing
*Terms and conditions can change daily without notice
We look forward to the opportunity to serve you!
For the most up-to-date mortgage news, visit: Mortgage News Daily
Check out our GOOGLE REVIEWS
Did we miss anything?
- Call or Email me (David Christie) if there is any information that we have missed
- Follow us on Social Media
- Share this on your Social Media
- Do not hesitate to give us your feedback
- Ask us for a quote
- Visit our homepage to check out what Valor Lending Group has to offer
