Finance with Our Lenders
Tom Shepherd
Lender
About Me
With 17 years of experience in the mortgage banking industry, my success stems from an always-available approach to my business. Through my career I have helped hundreds of families navigate the loan process, developing an extensive knowledge of residential lending.
When working with me and Barrett Financial you'll receive:
- Professional advice and support in making your home financing decisions
- A full spectrum of loan products from which to choose
- Consistent communication and follow up throughout the loan process
- Industry leading close times
Please give me a call today for answers to any of your home financing questions.
Let's Get Started
Rory Leach
Lender
About Me
As you consider selling, buying, refinancing, or even building your dream home, there is a lot riding on your mortgage banker. With mortgage programs and market conditions changing constantly, you need to make sure you are working with a team of skilled professionals who can respond to you quickly.
As an experienced mortgage banker, I understand everyone's financial situation is different and should be treated as such, I am committed to providing my customers with mortgage services that exceed their expectations. Our team has the knowledge and expertise you need to make the right choice for you and your family. I hope you'll check out our website, look through the different loan programs we have to offer, and use USA Mortgage's secure online application to start the journey towards your new home.
After applying with my teammate, Renee Hill, we'll give you a call to discuss the details of your loan, or we can find a time to meet in person to look over it all together. I can always be reached by phone, fax, or email for individualized service or if you have questions throughout the process. I look forward to working with you!
Let's Get StartedDemystifying Home Loans
If you haven’t experienced it before, the home loan process can feel overwhelming, but our agents will help you stay informed throughout the process, from pre-approval to closing. The first thing to do is consult with a mortgage specialist (or two). If you don’t already have someone in mind, we partner with some of the best lenders in the industry, and we’d be happy to introduce you, so you’ll be taken care of.
Step One:
Get Pre-Approval
Before you start looking for a home to buy, it’s wise and proactive to meet with a lender to get pre-approved for a loan amount. Offers accompanied by a pre-approval letter are stronger and will stand out, especially when the seller is receiving multiple offers.
To gain pre-approval, your preferred lender will gather information about income, assets, and debts to help determine how much you can borrow. This includes gathering a credit report, W-2 forms, pay stubs, federal tax returns, and recent bank statements.
There are a variety of home loan programs offering different advantages depending on your unique needs and preferences. Your preferred lender can go over the specifics of each to ensure you find a loan option that best aligns with your needs.
Estimate Your Monthly Payment
Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.
Price
Annual Tax
Loan Term (Years)
Down Payment %
Interest Rate %
Monthly HOA
Monthly Insurance
$3,198.20
Estimated Monthly Payment
Principal
$2,398.20
(75.0%)Taxes
$500.00
(15.6%)Private Mortgage Insurance (PMI)
$0.00
(0.0%)HOA
$100.00
(3.1%)Insurance
$200.00
(6.3%)
Step Two:
Find the best loan
Collaborating with a top-notch local loan officer will ensure you have access to competitive rates and programs that best fit your individual needs. Take the first step by completing this form to get connected today!
Step Three:
Application and processing
When you find the perfect property and your offer is accepted, your lender will help you complete a full mortgage loan application, discuss down payment options, and explain any related fees.
Then, your application is submitted for processing where the documents are reviewed. Your lender will also order a home appraisal and a property title search.
The next part of the application process involves sending everything to an underwriter who will review and approve the entire loan package to make sure it meets all compliance regulations.
It is not unusual to receive requests for additional documentation or clarification during this phase of the application process.
Step Four:
Signing and finalizing the deal
Once your loan is approved, you’ll need to set up homeowners insurance.
Your documents will be sent to the title company and the closing will be scheduled for you to sign the necessary paperwork and pay any additional costs to complete the purchase of your new home.
After the loan goes through the required recording process, the purchase is complete, and you officially own your new home!
