The Mortgage You Need, The Nerd You Trust

OUR CORE VALUES

  • Slide title

    Write your caption here
    Button

  • Slide title

    Write your caption here
    Button

  • Slide title

    Write your caption here
    Button

At The Loan Nerd, we believe that everyone deserves to achieve the dream of homeownership. That's why we are committed to providing our clients with the best possible mortgage experience.


Our core values of Integrity, Excellence, Innovation, Teamwork, and Customer Focus guide our work every day. We are honest and transparent with our clients, we strive for excellence in everything we do, we are always looking for new and better ways to do things, we believe that we are stronger together than we are apart, and we are committed to providing our customers with the best possible experience.


Our mission is to provide our customers with the best possible residential financing experience, through a wide variety of options, great rates, and low fees. We do this by providing our clients with the best possible education and resources, and by working with them every step of the way to find the right mortgage for their needs.


Our vision is to provide American families with the opportunity to own a home through affordable and accessible financing. We want to be known for our outstanding customer service, our competitive rates, and our commitment to helping people achieve their dreams.


Call us today to learn more about how we can help you buy your dream home.

CONTACT US NOW FOR AVAILABILITY

Here are some of the specific ways that we incorporate our core values, mission, and vision into our work:


  • We offer free consultations and no-obligation pre-qualifications so that our clients can feel confident about their decision to work with us.
  • We have a team of experienced loan officers who are dedicated to providing our clients with the best possible service.
  • We work with a network of lenders so that we can find our clients the best possible interest rates.
  • We offer a variety of mortgage products to meet the needs of our clients.
  • We are committed to providing our clients with a stress-free home buying experience.
  • We are always listening to our clients' feedback, learning and incorporating their feedback into our processes and interactions.


We believe that these are just a few of the ways that we are living our core values, mission, and vision every day. If you are looking for a mortgage lender who is committed to helping you achieve your dream of homeownership, then we encourage you to contact The Loan Nerd today.



  • Slide title

    Write your caption here
    Button

  • Slide title

    Write your caption here
    Button

  • Slide title

    Write your caption here
    Button

MORTGAGE 101

What is a mortgage?

A mortgage is a loan that you use to buy or refinance a one to four unit single family home. The lender gives you the money to finance the home, and you agree to pay it back over time, plus interest. The home that you buy serves as collateral for the loan, which means that if you don't make your payments, the lender can take your home.


How do I qualify for a mortgage?

Qualification for a mortgage is dependent on several factors

  • Your credit score: Lenders will look at your credit score to determine your risk as a borrower. A good credit score is typically in the 680-760 range.
  • Your debt-to-income ratio: Lenders will also look at your debt-to-income ratio (DTI), which is the percentage of your monthly income that goes towards Qualifying debt payments. A good DTI is typically below 36%.
  • Your down payment: The amount of money you put down as a down payment will also affect your mortgage qualification. A larger down payment will make you a more attractive borrower and may qualify you for a lower interest rate.
  • Your employment history: Lenders will want to see that you have a stable job history and that you are likely to be able to make your mortgage payments on time.
  • Your assets: Lenders will also want to see that you have enough assets to cover your closing costs and other expenses associated with buying a home.


If you meet all of these requirements, you will be considered a qualified borrower and you will be able to apply for a mortgage.


Here are some additional tips for qualifying for a mortgage:

  • Get pre-approved for a mortgage before you start shopping for a home. This will give you an idea of how much you can afford and will make the home buying process go more smoothly.
  • Shop around for the best interest rate. Interest rates can vary from lender to lender, so it is important to compare rates before you choose a lender.
  • Be prepared to provide documentation. Lenders will need to see proof of your income, assets, and employment history.
  • Ask questions. If you have any questions about the mortgage process, be sure to ask your lender.



CLICK HERE TO LEARN MORE
Share by: