HOW DO YOU OBTAIN THE MOST APPROPRIATE HOME FINANCING AT THE BEST INTEREST RATE?

Are you intimidated by the process of obtaining home financing?  Are you confused with all the loan programs and jargon?  With so many home financing programs, interest rates and fees available, it’s easy to become confused and uncertain as to whether you're getting the best home financing to meet your needs.  At FCS, we help you choose the home financing program that’s right for you, regardless of the complexity of your needs. 

STEP 1:

• We start by asking you a lot of questions about your short- and long-range financing goals, whether you have any high interest rate debts you wish to pay off, if you need additional funds for other uses, and your credit history.  Armed with this information and your credit score, we’ll work to identify the lender, from among FCS' vast network, who can provide the most appropriate program with the lowest interest rate and fees.

STEP 2:

• With numerous lenders and hundreds of programs to choose from, FCS can handle almost any financing scenario from conforming to credit challenged.  FCS works with loan programs that have different levels of documentation that we guide you through including:

              

Full Documentation                         Stated Income                                                                       NINA (no income, no assets)                  No Documentation

 STEP 3:

• Most of our lenders provide us with written pre-approvals within minutes. Once we receive the pre-approval, FCS will quickly advise you the documentation we’ll need, and order the Appraisal and Title Commitment.  We will then prepare the loan package and send it to the lender.  FCS will track interest rates and call to advise you when it’s the appropriate time to lock the rate.  Typically, the entire process takes four weeks, but we can speed it up if time is short.

OUR LOAN PROCESS

• We’ll complete a standard Residential Loan Application either in person or by telephone.
• The formal Application and Disclosures will be prepared and presented to you for your signature.
• Many of our lenders have web sites that we can electronically send your Application so we can receive your pre-approval in the matter of minutes.
• Once we receive the pre-approval, we’ll tell you what documentation you’ll need and we’ll order the Appraisal and Title Commitment. 
• We'll prepare your loan package and promptly send it to the lender.
• We’ll follow up for the completion of the Appraisal and Title Commitment.
• We keep track of current interest rates and will call you when we think it’s the appropriate time to lock your rate.
• We’ll also let you know if the lender needs any additional documentation.
• The process from start to finish typically takes about four weeks. If you have less time, let us know and we’ll rush the process.

If you need a fast pre-approval, a Broker with numerous lenders and hundreds of loan programs, and prompt, professional service, click here to go to our residential mortgage affiliate, Diamond Mortgage Company.