Our initial meeting will include an overview of the process, your goals, and give time to address any initial questions or concerns you may have before getting started.
If you’re in the planning stage, this call will cover the basics you’ll need to prepare you for your planned home purchase. If you’re ready to move forward, we’ll send you an email with instructions on how to get started.
Our second call will take place after your pre-approval is complete. We will discover your comfort level of monthly mortgage payment, cash to close, and more. We will explore all loan programs available to you and narrow it down to what’s most suitable for your objectives.
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This discussion looks different for everyone and is the most informative step that comes before you start viewing property. You’ll walk away prepared to write an offer with a high level of confidence and understanding of what your mortgage will look like once your offer is accepted.
Once your offer is accepted, our team will send your loan through the underwriting process, assist in ordering an appraisal, and move on to the funding of your loan. We’re always here after your escrow closes to assist with questions, refinancing, or any other real estate financing needs.
Choosing the right loan officer can make all the difference in your homebuying experience. Lily prides herself on delivering personalized service that simplifies the mortgage process.
With nearly a decade of expertise in the mortgage industry, Lily takes the time to understand your financial situation and homeownership goals. Your needs come first, and Lily is committed to finding solutions that work best for you.
From getting pre-approved quickly so you can confidently shop for your home, to accessing programs like down payment assistance and rate-lock options, Lily streamlines the process with efficient systems and technology to ensure a smooth journey without surprises.
Lily will keep you informed every step of the way, explaining every detail so you can make confident, informed decisions.
As a California native, Lily understands the unique market conditions and opportunities available to buyers in the state. Her strong relationships with local real estate agents, appraisers, and title companies help ensure a smooth closing process.
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Is it true that I need 20% down for a down payment?You do not need 20% down payment to obtain a mortgage. Loan programs set different minimums and eligibility requirements that vary between 0-5%. Exploring down payment assistance programs is something we can offer during the mortgage planning process as well.
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Will bad credit prevent me from being approved for a mortgage?Minimum FICO score requirements vary by program. Some programs will allow a FICO score as low as 580 with certain compensating factors but a higher score can offer more options and better terms. We can always start with a soft pull if you have concerns about credit.
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How much will I be approved for?It depends on your income, debts, credit score, and loan program of choice. The best way to find out is to get pre-approved, so you know exactly what you qualify for before house hunting.
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What’s the difference between a pre-qualification and a pre-approval?A pre-qualification is a rough estimate while pre-approval is a complete review of your income, finances, and credit. An official pre-approval looks much stronger when submitting an offer to a seller while also providing you with a more realistic look at your options.
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Can I get approved for a mortgage if I have student loans?Yes! Some loan programs are more flexible on how payments are calculated for those that are in deferment, or an income-based repayment plan. We can find the right fit for those with student loan debt during the mortgage planning process.
Our mortgage team is dedicated to one thing. You. We work together to give you the smoothest home loan experience possible. Because we each have our own role, we can concentrate on helping you with our individual expertise, creating a mortgage process that moves easily from milestone to milestone. Our commitment to communication means you will always know what's happening as your loan progresses, and you can reach out with your questions at any time. We offer a wide range of loan programs, from FHA and VA to conventional and jumbo. We have the knowledge and experience to find the loan that's right for you. Whether you are buying, refinancing, or renovating, our team is ready to give you the outstanding mortgage experience you deserve.
