Buy or Rent. What is best for you?
This is the time to get in the know. A pre-approval will give you an advantage when you find your perfect home. We can tell you what you need to get pre-approved, so you know the exact loan amount you qualify for, what your monthly payment will look like, and how much taxes and insurance will be. With a pre-approval, the loan process will be smoother and your offer will be stronger.
Fixed rate? Adjustable? FHA? There are multiple loan options that may fit your unique needs, and we can help you choose. Are you looking for the consistent rates and payments that a fixed rate loan can provide? Do you want the short-term benefits of lower rates that an adjustable rate loan can bring? Our extensive portfolio of loan options means you have more options available to get just what you need.
Your application will provide a complete picture to loan investors of your assets, debts and what you are buying. You will need to provide documentation, including a photo I.D., pay stubs, proof of income, tax returns, employment history, and information on all debts, assets, and sources for down payments. Don't worry, we will let you know exactly what is needed for the loan application so you can be fully prepared.
Your loan has specific investor guidelines that must be met, and an underwriter will review your documents to be sure that you meet them. While an underwriter reviews your file, an appraisal will be ordered on the home. Additional information may be requested, so don’t panic if you have to turn in more documents. That’s just the underwriter working hard to get your final approval.
Before your loan is approved, you will receive pre-approval and a list of closing conditions that need to be met. These conditions can include verification that your employer is current and proof that homeowner’s insurance has been obtained. Once closing conditions have been satisfied, the underwriter issues a clear to close. Congratulations, your loan has been approved!
With an approved loan, you are on the home-stretch towards closing. The lender will send closing documents to a title company that draws up paperwork and arranges for signing of documents. Once the documents have been signed and funding conditions have been met, the title is recorded and the process is complete. You are a proud owner of your new home, and the keys are yours!
MortgageRight (formally known as TJC Mortgage, Inc.) was founded by Chris Carter, Joe Meadow, and Tanner Allen. After a brief stint working for other firms, they joined together to create a faster, more efficient, and more secure way to originate and close residential mortgage transactions. Their vision of providing customers with exceptional service in the most efficient way possible has resulted in rapid growth. Today, MortgageRight continues to improve their product offerings. Their investment in advanced technologies not only greatly streamlines the application process, but also ensures their clients' information is secure. NMLS ID #2239 (www.nmlsconsumeraccess.org)
I was a first time home buyer trying to do a loan through the VA. I had heard several people talk about how hard this was going to be and how drawn out it was.
Honestly, this was a super easy process! Joe and the entire MortgageRight team were super friendly and absolutely made me feel like I was the only customer they had.
Even though there were always other customers coming in and out of the office, they focused on my every question - and trust me I had a ton.
I dealt mostly with Joe, but feel confident in saying anybody at MortgageRight would go above and beyond to help people out.
Thanks again to Joe 'Bear' Meadow and the entire team at MortgageRight!
More Than a Mortgage. Always.