3. Welcome to the Mortgage LA CA! We help individuals seeking a
mortgage in order to purchase a home, as well as individuals seeking to
refinance a mortgage on a current home Mortgage LA CA knows how
important it is for their customers to invest in a home, and how much a home
can improve their life. With the help of Mortgage LA CA skilled customer
service representatives, your home-owning dream can become a reality!
Mortgage LA CA is committed to helping families and individuals.
We provide competitive rates as well as personalize customer service. We are
also flexible enough to provide mortgage packages for customers of a variety
of backgrounds and needs. Because we value high service standards as well
as speed, Mortgage LA CA will work with you to meet your closing deadline
on the purchase of your home. There are many obstacles to owning a home,
but Mortgage LA CA will help you overcome these obstacles and make home
buying a pleasurable experience.
4. Our customer service representatives have the tools and resources
to expedite the home loan process, so you can own your home quickly and
with as little risk as possible. Mortgage LA CA will make every effort to
find a loan program and pricing that fits your individual situation, and to
provide you with the best possible value. We are committed to
responsible, honest, and ethical lending, and to protecting your home
investment with minimal risk to you.
We have an excellent track record of finding and closing loans as
efficiently as possible. Put our service to the test! Call a Mortgage LA
CA customer service representative at 213-454-0771.
5.
There are many different kinds of loans available – to many to name
individually! Some loans are available to everyone, some target specific
locations, and some are good for first-time homebuyers.
The
characteristics of each loan program are unique, so it is best to consult a
loan professional at Mortgage LA CA for the best advice and most
information. However, you can become familiar with the details of some
programs available to you by considering the following:
Is it important that the payment is the same every month?
If so, you may consider a fixed-rate mortgage.
Is it important for you to build equity quickly?
If this is a factor, you should consider a shorter amortization (final payment)
period, such as a 15-year, fixed-rate mortgage.
Will your income stay stable, or increase?
If you anticipate an increase in income, you might want to take advantage of a
lower start rate on an ARM or a temporary buydown.
6. Other factors:
Ability to qualify for the loan
How long you will live at the location
How you would be affected by significant rate
changes
Possibility of up-front costs
7. Here
at Mortgage LA CA we aren’t fans of
complicated processes. We try to make the
loan experience as simple as possible, without
throwing
in
complicated,
distracting
terminology. Our loan process is designed to
streamline your loan application and closing,
hitting all the major milestones, and
communicating fully with our clients.
8. 1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
Complete your prequalification checklist and collect all the checklist items.
Mortgage LA CA gathers any necessary documentation, including a credit report.
Mortgage LA CA sends out your pre-qualification letter.
You begin to search for your ideal home, with the help of a professional realtor.
Your realtor presents an offer on the property on your behalf.
The offer is accepted, and a closing date is set.
A loan program is selected by your loan originator. This will meet your financial
goals and needs.
Mortgage LA CA orders title report, appraisal, and necessary documents.
Mortgage LA CA submits file to underwriters for final approval.
Final approval is issued; any further conditions are collected and satisfied.
Closing documents are sent to a title company.
You and your realtor review a final settlement.
Attend the scheduled closing and become the owner of your property.
Congratulations!
After this process is completed Mortgage LA CA will stay in touch for any further
questions, and to help with future mortgages.
