OUR TEAM + OUR PROCESS =
THE HANDCRAFTED HOME LOAN
Mosaic Mortgage Group. We're just that. A collage of expert pieces in place to fit various types of lending scenarios. You'll work with each of us a different times throughout the loan process. Here's how it will work:
NMLS: #225991 BRE#01318111
First you'll meet
They'll guide you through these steps:
Step 1: YOUR WRITTEN BUDGET
The best way to ensure your success is to start the home loan process at the beginning with a review of a written budget. Unlike nearly all mortgage lenders, we do not care about what our clients “qualify" for, we care about when they can “afford” to repay. Items like school tuition, hobbies and other material expenses do not factor into standard Bank Qualifications therefore you can qualify for a loan and payment much higher than you can afford to repay. We work together with you to analyze real numbers that help determine “affordability" prior to discussing “qualifications”.
Step 2: AN IN-PERSON MEETING
We take our relationships to heart. Meeting face to face with our organized and equipped staff will relieve any doubts and assure your trust in the company to handle your loan. We’d like to take the time to talk about your goals.
Step 3: PHONE OR ONLINE APPLICATION
Help us get a quick sense of where you are in your career, your household and how you’re doing financially. We've got a great online application you can fill out for us to review within the first 24 hours of receiving it! Or, if you can't get to a computer, you can always schedule a phone interview to get the application process started.
Step 4: CHECK FOR RED FLAGS
The streamlining of our process ensures any areas of concern are addressed prior to the underwriting process, providing a flawless closing of your new home loan. Our team will identify concerns and provide a proper resolution, preventing unnecessary surprises while we achieve your goals.
Step 5: CREDIT CONSULT + ADVICE
Our team members have years of experience in personal financial stability. We will provide you with beneficial information to help strengthen your application or enlighten you with ways to build a foundation, preparing you to meet the criteria required for a mortgage loan.
Step 6: THE PRE-APPROVAL
Based on our concluded assessment of your financial position in favor of a pre-approval, you can begin shoppping for homes! It is our standard to provide a customized pre-approval letter, tailored to the desired home. A pre-approval tailored to a home from a lender will be seriously considered during the negotiation process. We do this in a timely and accurate manner, giving our clients top consideration when that “just right” property appears.
Then you'll work with
LOANS IN PROCESS
They'll guide you through:
Step 7: FORMAL APPROVAL
We work relentlessly for our clients, so once you’ve decided to move forward with mosaic mortgage group, we will continue to go above and beyond what you’d get at your average mortgage company. Not only will we call your agent directly, but we will be communicating with all parties involved, safeguarding and influencing a systematic process. You will also receive a personalized formal loan approval letter tailored to your desired home.
Step 8: THE "SAFETY-NET TALK"
While the process may take time, we want to make sure that you understand what personal decisions should and should not take place prior to closing. Our team is always available to discuss anything that might arise in your world, which may create a delay or have an impact on the success of your closing. We want to help keep the transaction moving forward by applying our strategy to any unforeseen circumstances.
Step 9: CLOSING COST REVIEW
Part of the process is making sure you fully understand the details of the transaction and any costs incurred along the way. Our goal is to make sure that you feel comfortable with the costs involved and that there are no misunderstandings at the conclusion of the transaction. Having a confident client is very important to us, and providing the knowledge is one key way to fulfill our commitment to you.
Step 10: SIGNING + ASSURANCE
As we mentioned at the beginning of the process, we like to meet face to face with our clients, so you’ll sign the closing documentation in-person. That way we can answer any questions you may have and be very efficient with your closing. We also want to insure your confidence as you finalize the transaction by educating you about things that will come next as homeowners.
When do I move in?
KEYS, HUGS + LIVING TRUST
Step 12: TRUST & LIFE INSURANCE
While most companies work from beginning to close, our goal is to continue to support our clients on an ongoing basis. Since our goal is to assure your success, we also like to continue to share our knowledge to keep your assets safe and secure as long as you have them, whether it’s developing a living trust, life insurance or any other concern you may have, we’re in it for the future. We want you to continue to think of us as a strong personal ally and a family resource.
Step 11: KEYS
While we’d love to help, the painting and decorating is all up to you. However we will provide you a detailed moving checklist with items we feel important to think about amidst all the excitement.
Real Estate Agent