Log In  |  Contact Us  |  Help

OK

Calculate Payment
Loan Amount:
$

GO

Program
Rate
APR
Payment
Apply Now
Select a loan application:

GO

Log in
Email:
Password:
 

Texas SML Disclaimer

"CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.  

Home Purchase Basics

Congratulations on your decision to buy a new home! There are many important things to consider throughout the process, especially if you're a first-time homebuyer. Here's some information that will keep you on track.

In General....

A home purchase may be your largest financial transaction to date, so it's important to make the right decisions and to keep an eye on the details. With the assistance of your Real Estate Agent and Loan Officer, it should be an efficient, pleasant, and ultimately rewarding experience.

Count On Your Real Estate Agent To:

  1. Preview available homes to weed out those that are overpriced, or undesirable in some other way.
  2. Present the homes that suit your needs as you've defined them.
  3. Help you determine the difference between a "good buy" and a property which, because of its nature (neighborhood, market appeal, etc.), might have to be discounted if you decide to sell in the future.
  4. Negotiate the best deal for you. With a Pre-Qualification letter from us in hand, your Real Estate Agent will be able to demonstrate that you are a qualified and capable borrower. This will strongly influence the Seller, and may make the difference between the Seller accepting your offer or someone else's -- even if your offer is lower!

Count On Your Mortgage Broker and Loan Officer To:

  1. Assist you in selecting the best loan to meet your personal situation and goals. (This single decision can save you thousands of dollars throughout the years!)
  2. Keep you informed of your loan status throughout the entire process.
  3. Keep your Real Estate Agent informed of our loan progress (Note: your personal information is always kept confidential between you and us; only deal points and progress are shared).
  4. Get the appropriate loan for you at the best rates and fees. This will save you significant money "up front" and throughout the years to come.

Count On Yourself To:

TEN COMMANDMENTS WHEN APPLYING FOR A MORTGAGE

#1) Thou shalt NOT change jobs, become self-employed or quit your job.
#2) Thou shalt NOT co-sign a loan for anyone.
#3) Thou shalt NOT buy a Vehicle (or you may be living in it)!
#4) Thou shall NOT use charge cards excessively or make late payments on ANY of your accounts.
#5) Thou shalt NOT spend money you have set aside for closing.
#6) Thou shalt NOT omit debts or liabilities from loan application.
#7) Thou shalt NOT buy furniture, appliances, or household items before closing.
#8) Thou shalt NOT originate any inquiries into your credit.
#9) Thou shalt NOT make large deposits without first checking with your mortgage consultant.
#10) Thou shalt NOT change bank statements.

 

L W Financial Services Inc NMLS#1570626
501 Highway 171, Godley , TX  76044
Office:  (817) 578-1329
Office:  (817) 410-2518
lisa@lisawarrenteam.com
Copyright © 2019 L W Financial Services Inc
Lisa Warren Team
Internet Privacy Policy  | Security Statement  |  Site Map