[CITY] Mortgage News

I just want to go over some information in securing financine for you loan. Typically the first question is always: What is your rate?

That is the way is has been in the past and that has been the way we are used to doing business.

But now I ask, aside from the rate, who can do my loan professionally and get it closed on time with the least amount of problems? That is the new way to the future in securing loans. Everyone basically has the same rates more or less, but who can recognize the issues and structure your financing in a way that it will close on time and you are in your new home without all the issues that have been coming up of late. There are appraisal issues, title problems, not to mention income and asset issues that come up every day. If the loan is submitted with a bank statement that was not looked at in advance, your financing could be denied where as it could have been submitted differently. All this comes with experience in this crazy market.

Edward Cairo

American Home finance Group inc.