There are several types of mortgages, including fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, jumbo loans, and interest-only loans. The terms and conditions of each type of mortgage vary, so it is important to research each option thoroughly to determine which is right for you.
The mortgage application process typically involves filling out an application, submitting documentation such as proof of income and assets, undergoing a credit check, and getting an appraisal of the property. The lender will then review your application and either approve or deny your loan. If approved, you will need to sign the loan ag
The amount you can afford to borrow depends on several factors, including your income, debt-to-income ratio, credit score, and the cost of the property you want to buy. Most lenders use a formula to determine the maximum amount you can borrow, based on your financial circumstances.
The general rule of thumb is to put down at least 20% of the purchase price as a down payment. This can help you avoid paying private mortgage insurance (PMI) and can also help you get a lower interest rate. However, some lenders may allow you to put down less than 20%
PMI stands for private mortgage insurance, which is a type of insurance that protects the lender in case the borrower defaults on the loan. PMI is typically required if the borrower puts down less than 20% of the purchase price as a down payment. The cost of PMI varies depending on the size of the down payment, the loan amount, and the borrower's credit score.
Want help buying a home at a price you can afford? Not sure where to get started? Use our online mortgage calculator and contact me for your questions or to get prequalified. I'm here to guide the way.
We would love to hear more about your home improvement plans. Did you know we can help make them a reality by connecting you with our new financing partner. They offer great rates and outstanding service you can count on. Just click below to get started.
If you need to pay off your credit cards or other debts, we can help out by connecting you with our new financing partner. They offer great rates and outstanding service you can count on. It’s a great way to take control of your financial situation. Just click below to get started.
Whether you are buying your first home, moving across town or refinancing, our Homebuyers Guide provides valuable information to help you prepare for the loan process so you know what to expect.
At Fairway Independent Mortgage Corporation we are dedicated to creating opportunities for everyday heroes. That's why we are offering eligible borrowers an exclusive closing cost discount that is designed specifically to help them achieve homeownership.
Loudon County Chamber of Commerce promotes the community and its economy by attracting and supporting local businesses, and protecting the interests of its members and the community. The Chamber brings together community leaders, decision makers, all types of business and industry, individuals, elected officials, and organizations to promote the civic and commercial progress of Loudon County and the immediate area.
Loan Officer, NMLS #847759
Teaching is in my blood. This began with my degree in education and continues to be an integral part of my daily life. I have homeschooled my four amazing daughters and I continue to be blessed with educating my clients on the benefits of homeownership and how to create generational wealth through the acquisition of real estate. I am deeply committed to helping others and this extends to my business as a profession mortgage lender. Although I specialize in VA and Relocation lending, my scope also covers Conventional Conforming, Jumbo, FHA, USDA, as well as specialty investment property loans and creative self-employed borrower programs. I began my mortgage career in 1996 working in the mail room and worked my way up through almost all positions from loan processor to senior operations manager of the western United States. Today as a multi-state licensed loan originator, I am able to have the most impact by serving people in a variety of unique and strategic loans. I am continually blessed to be able to work with amazing clients, referral partners and other industry professionals to bring solutions and value to the people that I interact with. It is never lost on me that all of the things that I am so fortunate to be able to do, to enhance the lives of others, comes from the blessings that I continue to receive from the Lord. I know that when I serve others, I serve Him and for that I am so fortunate and thankful to have the opportunity to do so.
Subscribe to our newsletter to hear about the latest mortgage news.
My 24/7 availability reflects my commitment to providing support whenever it's needed, acknowledging that financial decisions often require timely assistance. Whether you have inquiries about loan options, need guidance on the application process, or seek clarification on terms and conditions, I am ready to assist. My goal is for us to have a strong partnership as we work together to meet your financial goals.
405 Mulberry Street, Loudon, Tennessee 37774, United States
Copyright©2023 Fairway Independent Mortgage Corporation. NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Lender. AZ License #BK-0904162. Complaints may be directed to: (877) 699-0353 or Email us: customerservice@ fairwaymc.com.
Powered by GoDaddy