Frequently Asked Questions

Some people feel uncomfortable doing business online, but Financing And Mortgage.com can put you at ease, even if you have never trusted an online business before. Financing And Mortgage.com uses The Mortgage Shop for its online quotes, and The Mortgage Shop is one of the most trusted companies in home loans. With licenses in more than 40 states and with more than 3 billion dollars in business, The Mortgage Shop is an actual company with more than 60,000 loyal customers and more than 14 years in the business.

Oh, and they have actual headquarters, since they began as an actual company before switching to an electronic firm to better serve more customers. When you entrust your business to Financing And Mortgage.com, then, you get solid professionals and many years of expertise on your side.

Financing And Mortgage.com is a company that specializes in just one thing / finding the best home financing for you. Period. We don't sell lots of other services on the side. All our professionals are trained in just one thing / digging to find the best home financing for you. We think that home loans are one of the biggest decisions of your life / one that will likely cost you thousands of dollars over many years. We want to help you do it right by finding you the best quotes in the shortest amount of time so that you can move into your dream home.

Financing And Mortgage.com works with all sorts of clients, ranging from those with perfect histories to those with no history at all. Because we specialize in mortgages, we can help many clients who do not qualify for traditional forms of financing. If you have no credit history, for example, we will establish a history for you by looking at your utility bills or your past rental history. We will work with you one-on-one to help you find some proof of credit and then use that information to find you a great loan.

If your credit history is less than perfect, even if you have faced foreclosure or bankruptcy, Financing And Mortgage.com can help you find some forms of non-conforming or conforming mortgages. However, you need to be aware that serious credit problems can affect how much money you can borrow and the types of rates you qualify for. Financing And Mortgage.com will help you find the most affordable rates for you, but if your bankruptcy has not yet been discharged or if your credit problems are very recent, you could be facing higher than usual interest rates. One of our home loan professionals can look at your individual situations and make recommendations that can put you back on the path to home ownership.

Financing And Mortgage.com can help you find a loan whether you are looking for low 3% non-conforming mortgages or even for home loans that require absolutely no money down. However, as a homebuyer, you need to be aware that down payments affect your mortgage rates / the more money you put down up front, the more money you stand to save on interest rates. Our experts can also help demystify the down payment process for you and can help you determine a perfect balance between affordable down payments and affordable interest rates.

Many things affect your loan possibilities. Your incomes, credit history, current debts, assets, and other factors can all affect how much money you qualify for. You can use the online form at Financing And Mortgage.com to quickly determine how much home loan you qualify for.

It's very simple. You can use our articles and resources to find out about mortgages in general. Then, you can use our online form (on our home page) or our phone number to get a quote. Once you fill in the information, Financing And Mortgage.com literally does all the work for you, hunting up the best mortgage options for you. At that point, it is up to you. You select the mortgage that is most appealing.

If you need help as you look for a home loan, click on the "Tools" or "Advisors" options for assistance. You can also call our friendly staff at 718-932-7676 for personalized attention.

If, like many satisfied Financing And Mortgage.com customers, you find your ideal mortgage online using our handy online form, applying for your home loan couldn't be simpler. Simply click on the mortgage you are interested in and request a lock on the rate you are quoted. This guarantees that you can get the home loan you requested at the rate quoted / once your personal information and credit is confirmed. Then, simply follow the instructions provided by e-mail or telephone for a simple, no-fuss loan application.

Financing And Mortgage.com takes literally minutes. If you call our home loan professionals or apply online, we can often have a personalized quote and details of a home loan package for you in as little as fifteen minutes. In the amount of time it takes to go on a coffee break, you could be well on your way to owning a dream home!

Once you have applied for a loan, your credit history and personal information will have to be checked. Not every company is as speedy as Financing And Mortgage.com, so you should allow 24 hours for an approval once you apply.

Getting a quote and applying for a loan through Financing And Mortgage.com is completely free and comes with no obligation. Getting all the information and personalized professional advice is completely cost-free too. At the time of closing, you will be charged only for closing costs, loan processing fees, and incidental costs.

Once you are approved, Financing And Mortgage.com will contact you to let you know that your loan is being processed. Within a few business days (usually 2) you will get a loan package sent to you via the mail. This package is crucial, since it has mortgage documents that require your signature as well as requests for any documents needed to complete your application. Once you have signed the needed forms and returned your documents, your mortgage will be processed in full.

The types of documents you will need for a mortgage varies, depending on your situation. You may need documents that prove your income / such as bank statements or tax documents. You may also need documents to prove your identity. Some of the home loan packages available through Financing And Mortgage.com do not require any documents to prove your income. Financing And Mortgage.com will let you know what documents you need and will give you detailed instructions for submitting these documents.

You will close at a title company or attorney's office. Financing And Mortgage.com makes every effort to find a very close and convenient place for you to close. Most of our clients can close within 30 minutes of their home, so that there is no need to travel far.

Once Financing And Mortgage.com has processed your application and has received all your documents and once the underwriter hired by Financing And Mortgage.com has signed off, you will be able to close your home loan. This process can take 2-3 weeks in total.

When you apply for a home loan is a personal decision. You can apply for a mortgage after you buy your home. You can also apply for something called purchase pre-approval before you buy your home. This means that you take on a maximum purchase price and a mortgage term and specifications. Once you find your dream home, you have financing already in place and only need to change the home loan slightly to meet the exact specifications needed for your purchase. If you select purchase pre-approval you will save some time, but Financing And Mortgage.com can only lock in and complete your loan once you have bought a house and have a specific house address for the mortgage.

Financing And Mortgage.com offers many types of home loan options and can help you with refinancing your current home loan. Refinancing can give you better rates and terms, which can make your existing mortgage more affordable. Refinancing can also help you get cash back.

Borrowing against your home equity means that you use your home's value / the value not encumbered by debts / as equity on a cash-back loan. If you have a mortgage-free house worth $200 000, for example, you can get up to $200 000 in cash for renovations, debt consolidation, education, or other necessities. With equity loans, you enjoy good rates and long terms.

Financing And Mortgage.com is completely dedicated to your security. That's why we offer 128-bit SSL encryption. This most current technology ensures that your personal information cannot be seen by anyone else and remains completely secure. Plus, our comprehensive privacy policy guarantees that your information will not be sold or shared with others.

Financing And Mortgage.com is completely committed to your privacy and comfort, a dedication that is reflected in our privacy policy. We do not share your information with marketers or other companies who will spam you and we keep your data private. In fact, Financing And Mortgage.com will not sell or share information about you with anyone. Your data will only be shared with our authorized agents to bring you the best loan information possible and we reserve the right to share your personal information if required by court order or law. That's it. Please read our privacy policy for exact details.

Simply contact one of our professionals at 718-932-7676 and have your Loan ID number ready, if you have been issued such a number. Our home loan experts will be able to get you back on track.

Of course. As customers, we know how important it is to have questions answered by a live professional. That's why our friendly and expert staff is available by calling 718-932-7676. You can get your mortgage quote through the phone or simply get your questions answered with no obligation to use our services.