Get to Know Cristy Smith
As a graduate of Texas State University in San Marcos with a Bachelors' degree and a Masters' in Business Administration, Cristy uses her business savvy to find the best loan program for her clients.She was a born in Texas and her passion is working through the complicated process of mortgage lending and making it appear simple and easy for her clients. Cristy will work hard to find a loan that will work for you!
Get Pre-Qualified!
The first step in the mortgage loan process is becoming pre-qualified for a loan. With a pre-qualification, you will know from the beginning what kind of home you can afford and your pre-qualification letter places you in a better position in a competitive bidding environment. When you get your pre-qualification letter you give it to your real estate agent so they can use it when they put an offer in for you new home.
Types of Loan Programs Include:
First Time Home buyer programs are available FHA and VA Government Loans are available Full Documentation, Stated Income, and No Documentation Programs are available 100% Financing is available (For Conventional and Governement loans) Primary Residences, Second Homes, and Investment Properties Interest-Only Option available to lower your monthly payments Fixed Rate and Adjustatable Rate Mortgages (ARMs) are available Construction loans including the one time close programs Refinances are available
Texas
South Padre Island Dallas Skyline Hamilton Pool, Austin San Antonio
Whether you are into hiking, live music, or lying out on the beach. You can do it all in Texas. With the warm weather you are able to enjoy the outside pretty much all year round. For the sports fans out there Texas has many professional and college sports teams throughout the state. So you can always go see a game. One unique thing that Texas has to offer is that if you want to live in the country on a ranch you can. In addition if you want a downtown condo you can do that too! There are just so many options available becuase of Texas' diverse landscape and culture. So if you are interested in buying a home in Texas give us a call. We can help get you set up for a loan today!
The Loan Process
There are four main steps involved in getting a loan. You'll see that we've made your part in them as easy as possible, and we do all the work! That's what we're here for. So if you have any questions don't hesitate to ask!
Step one: determine how much you can borrow
This is a function of a couple things. How much of a monthly payment can you afford, and given your unique credit and employment history, income and debt, and goals, how much will a lender loan you? The first part you can get a rough idea of by using the calculators on the website. If you would like to call we will also help you through different scenarios by asking a few simple questions. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from.
Step two: pre-qualify for your loan
This is where the rubber meets the road and you save the most money. You supply information about your employment, your assets, your residence history, and so on. We then get your permission to run your credit score. When we review all this information we give you a Pre-Qualification Letter. Step three: find the prefect homeYour real estate agent will use your Pre-Qual letter to make the best offer on the home you choose, and the seller knows you're pre-qualified. It gives you buying clout! Then while you're picking out the home that's right for you, we are busy finding the loan that's right for you.
Step four: your loan is funded
Your real estate agent and the seller's agent will work together to designate an escrow/title company to handle the funding of your loan once it's approved. We will coordinate with the escrow company to make sure all the papers your lender will need are in order, and you'll sign everything at the escrow/title company's office. You've answered a few questions, given us some detailed information, applied online, and next thing you know, you're moving in!
When it might be a good idea to call a loan officer
If you plan to sell your home within the year Before you list your home with a Realtor Before making an offer on a property To refinance your existing mortgage When you're thinking of downsizing your home If you are planning to relocate If you need to pay off debts If you need a larger home When you income or job changes If you have a new addition to your family When you are facing college or other tuition costs If you need a financial or tax expert If you need homeowners, auto, or other property insurance If you are considering bi-weekly mortgage payments If you need help with retirement planning To Learn hoe to eliminate your Private Mortgage Insurance If you want to help your children or parents buy a home If you require information on home improvement loans If you need life, accidental death, disability or long-term care insurance If you are facing a lifestyle change If you know anyone who needs any of the above
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