Simplifying The Home Loan Process
Helping you find the right loan program, and making the process as stress-free as possible.
Are you ready to pre-qualify? Find out how much you can purchase.
Are you ready to buy a home?
Buying a home is a very new experience for many, and we try to help educate you so that the process is as smooth as possible.
The loan process can be confusing and intimidating, but knowing a few key factors can help make the process easier to understand.
We try to provide clear and concise information so that you can make the best decision for your individual circumstances.
With blog posts, a podcast, and other resources, we’re here to help make you an educated homebuyer!
When you are ready to take that next step, reach out to us and we can get you started on your path to home ownership.
About Us
I’m Philip Mastroianni and have been working in the mortgage industry for the last 20 years.
I care most about my clients getting the best possible rates, staying within their budget, and finding the right programs for their unique situations.
To me it’s important that my clients are informed buyers, and understand the full home buying process.
Read on to see how I use my background to help educate home buyers as well as ensure that they get the best solution possible.
Loan Programs
We have dozens of loan types, and work with over 100 banks to make sure we find you the best loan program for you at the best possible rate.
- FHA
- VA
- Conventional
- USDA
- Jumbo
- Down Payment Assistance
- Bank Statement Only
- 1099 / Contractor
Where To Start?
As a loan officer, the best advice I can give is to start by making sure your finances are in order. You usually need to be at the same job, or at least same type of job for the last 2 years.
You will want to make sure you have some money in the bank saved for down payment and closing costs.
You want to make sure you can pay your bills on time as is, you don’t have late payments, collections, etc. Your credit report doesn’t have to be perfect, but it’s good to take care of those first.
Now, talk to a lender. They’ll run your credit for you, see what you have as expenses (liabilities) and based on that and your credit, what you can afford. This is going to give you a MAX you can pay for a home.
This doesn’t mean that’s what you want to pay for a home.
Once you’ve got a pre-approval letter, you go ahead and find a real estate agent. Your lender can refer you one, or you can find one.
Then it’s off to shopping for you home, putting in offers, and getting once accepted.
To hear the entire process in detail, have a listen to the podcast below.