Boca Mortgage Blog

Applying for a Mortgage

October 17th, 2014 3:17 PM by Leonard Silvestri

There is more to applying for a mortgage loan than many people may realize. Several steps are involved with your paperwork, and it passes through many hands before the loan can be approved or denied. It is important to understand the process so you can make the most of your experience, and hopefully acquire the loan you desire.

When you begin looking for a mortgage, you will often times speak with a loan officer first. This loan officer is the “middle-man” between you and the lender. Once you complete the credit evaluation, there is still more to the process. Lenders carefully look at your citizen status, employment earning, real estate investments, child support, alimony, and if you’ve had any bankruptcies or foreclosures. Based on this evaluation, you will get a personalized interest rate for your loan.

Alternative Mortgage Group is a family-run business, and we are here to help you with the mortgage loan process. We have been helping other families achieve the American dream by assisting them in every way when it comes to securing a comfortable mortgage. Come in and see us today for personalized advice as you look for the home of your dreams.

Posted in:General
Posted by Leonard Silvestri on October 17th, 2014 3:17 PM

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