Where to Begin Your Homeownership Journey...
Your journey should start with finding the right mortgage lender!
Choosing the right mortgage lender is a critical part of your home buying plans; a professional lender with a proven record of excellence and customer care is the right way to go. MidCountry Mortgage can offer such attributes, and much more.
Pre-qualification marks the beginning of your mortgage process.
When you first contact your MidCountry Mortgage consultant, he or she will look into financial information that includes your income level, savings, time on the job, and what kind of debt you have. With this information, your consultant will know which loan options are most beneficial for you.
Pre-qualification for a mortgage is a verbal verification provided by a mortgage consultant to determine your mortgage eligibility, based upon income level, savings, time on the job, and the amount of debt you've accumulated.
Lenders Look at the Big Picture
MidCountry Mortgage will work with you to discover the "big picture" of your mortgage plan. The underwriter of your loan will review your overall financial history (including savings and credit history) and your job stability. (This also applies if there is a co-signer on the loan.) The simple question the underwriter wants to answer through this process is whether you are a reasonable risk—if you'll be able to pay off your mortgage by the end of its term.
Should it happen that you do not qualify for a mortgage currently, MidCountry Mortgage wants to keep working on a professional relationship with you; we will stay in contact with you and offer guidance on when you should try again, depending on your situation.
Working with You to Bring You Home
MidCountry Mortgage consultants know that in today's complex world, sweeping life changes are a common phenomenon. Divorce, child support payments, bankruptcy, and unexpected shifts in the economy add to this scenario. Our consultants want to work with you through these challenges by offering mortgage products with little down and manageable monthly payments.
Minimum and Maximum loan amounts apply. Rates and programs subject to change at any time. Loans subject to borrower qualifications, property evaluation and credit approval. All rates and program guidelines subject to change without notice based on consumer eligibility and marketing conditions. All loans subject to credit approval and compliance with underwriting standards.