Core Management

LOAN DOCUMENTS REQUIRED TO COMPLETE LOAN TRANSACTION

____ Original bank statements for the last 2 months. One quarter statement for IRA's stocks etc

____ Earnest Money Contract + cancelled check for deposit for purchases

____ Mortgage statement on the mortgage that we will payoff (if refinance)

____ Copy of your deed (if refinance)

____ Original old survey (if refinance)

____ Homeowner’s insurance policy (if refinance)

Verification of income:

Salary income

____ Your last 2 original pay stubs for each job you currently hold

____ Original W2s for the past 2 years

Commission income

____ Signed tax returns/1099 for the past 2 years with Schedule A attached

Sole proprietorship income

____ Signed tax returns for the past 2 years for both business and personal

Rent income

____ tax returns for the past 2 years with Schedule E attached

____ Mortgage statement on each rent house you own

____ Schedule of real estate owned (pg. 3 of loan application)

____ Original, current, signed rent agreements for recently purchased rent houses

Retirement income

____ Awards letter from Pension Verification Office

____ Can substitute original W2s, signed tax returns or original bank statements

Social Security income

____ Social Security awards letter or last 2 original bank statements

Child support income (not required unless you choose include it in your income)

____ Fully executed divorce decree

____ Original printout from the Attorney General or last 12 orig. bank statements

Construction financing for residential properties has become very difficult. Most lenders have stopped doing CP (construction to permanent loans) due to the large amount of homes for sale.

The construction financing for these projects has dried up for both clients and builders. Developers are seeking construction loans are finding that banks are generally not willing to provide the line of credit necessary to build the homes.

This eliminates the client expecting the builder to use his own funds to construct the home. The client will have to seek a construction loan in order to build their home. It appears that lenders are very wary of lending unless the borrower puts at least 25%-35% down payment. This would be on loan to cost (LTC) of the total cost to construct plus the land costs. If the client owns the land free and clear, this will significantly increase the chances of getting financing because we can use the land as down payment. I believe the construction financing industry will come back once we get back to a normal amount of homes for sale.

Mortgage Rates in Naples, Florida

I have been serving hundreds of clients with quality of service in mind with every transaction. It is very important to find a mortgage company that will work hard for you.

Why clients choose CORE Mortgage Financial over local banks.

1. Better mortgage rates
2. We control the entire loan process
3. More lender selection
4. Wide variety of niche programs
5. First class service
6. We don't get paid unless the deal closes ( IE more reason to work hard for you)

With CORE the mortgage rates never changes at the last minute or surprise fees slipped in. I always provide a good faith estimate of all closing costs even before we complete a loan application. I will tell you right away if I can or cannot get the loan completed. I do not want to waiste anyone's time by stringing along clients. Having low mortgage rates is our priority.

Being a mortgage broker gives us the ability to select from a large number of lenders. We will tailor a loan program and mortgage rates that fits your current financial situation. Every lender has a niche market or a loan program that best fits their investors that purchase the loan. Let us, as your mortgage broker select the lender to ensure a loan approval. Being a former Army Officer and Iraq War veteren, I apply the same skills learned in my every day business practice. With mortgage rates being so low right now and the $8,000 tax credit, it could not be a better time to purchase

I have been successful as a mortgage broker mainly because I take care of clients needs. If you listen and provide a solution that fit's their financial situation and low mortgage rates, you will be a winner. It usually comes down to people do business with people they trust and like personally. I am upfront, hard working, honest and knowledgeable in the constant changing financial climate.

Being a mortgage broker in today’s climate is tough, but CORE Mortgage Financial has always risen to the task. Give CORE Mortgage Financial the opportunity to “WIN” your business.

Mortgage Broker In Naples Florida. We provide financing for all residential and commercial properties.

I have been serving hundreds of clients with quality of service in mind with every transaction. It is very important to find a Mortgage Broker that will work hard for you.

Why clients choose CORE Mortgage Financial over local banks.  

1. Better rates
2. We control the entire loan process
3. More lender selection
4. Wide variety of niche programs
5. First class service
6. We don't get paid unless the deal closes ( IE more reason to work hard for you)

With CORE the rate never changes at the last minute or surprise fees slipped in. I always provide a good faith estimate of all closing costs even before we complete a loan application. I will tell you right away if I can or cannot get the loan completed. I do not want to waiste anyone's time by stringing along clients.

 Being a mortgage broker gives us the ability to select from a large number of lenders. We will tailor a loan program that fits your current financial situation. Every lender has a niche market or a loan program that best fits their investors that purchase the loan. Let us, as your mortgage broker select the lender to ensure a loan approval.  We pride ourselves for having the BEST rates and BEST quality of service. Being a former Army Officer and Iraq War veteren, I apply the same skills learned in my every day business practice. Being able to finance someone as seeing the joy to a first time home buyer when the get their keys is priceless. I enjoy this career field as a mortgage broker and look forward to doing these services until i retire.

 I have been successful as a mortgage broker mainly because I take care of clients needs. If you listen and provide a solution that fit's their financial situation, you will be a winner. It usually comes down to people do business with people they trust and like personally. I am upfront, hard working, honest and knowledgeable in the constant changing financial climate.

Being a mortgage broker in today’s climate is tough, but CORE Mortgage Financial has always risen to the task. Give CORE Mortgage Financial the opportunity to “WIN” your business.

 

 

 

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NO INCOME/ NO ASSET/ NO EMPLOYMENT LOANS These type of loans still do exist in today's market. They are primarily geared for people that cannot get financing but either have equity or putting a large down payment. I do not recommend these loans to my clients unless they plan on paying off the loans in five years or less. The rates are on the high side due to the risk factors the bank takes to complete the loans. Rates will vary from 7.875%-9.25% 30 year fixed. Short term Arm loans fixed for three to five years have a lower interest rate. 35% down payment is required to complete the loan