Obtaining Home-Ownership has a lot of Steps – Step #1 Get Pre-Approved
Most people start shopping for homes before getting pre-approved. If you haven’t reviewed your loan options with a banker or broker, please stop looking at homes and apply for a loan. You don’t want to get excited about buying a property and not be able to qualify for the price range your shopping in. You also want to make sure you have enough funds for your down payment and settlement fees.
Your real estate contract requires some specifics about your financing including but not limited to; down payment, interest rate cap, amount financed and type of loan being applied for. Your Realtor can’t properly fill out the contract without the information and the seller will want to see a pre-approval prior to signing your offer. Also, if you’re buying a property in Florida, please use a Florida banker or broker locally for financing. We see numerous buyers use online lenders or lenders in other states and transactions consistently have delays and issues.
If you are in need of financing for your home please don’t hesitate to contact us, we are here to answer any questions you have about obtaining a mortgage including programs, processes and costs. The State of Florida is a challenging market where lending regulations and guidelines seem to be changing every day. We are committed to helping you find the right mortgage product for your needs, and we will make the process of securing a mortgage as simple and straightforward as possible.
Innovative Mortgage Services, Inc. – Sarasota Branch
Christopher M. Hunt | Branch Manager
Chris Hunt is the Principal Broker of Hunt Brothers Realty and Branch Manager of IMS located in Sarasota. Chris has worked in the regional mortgage industry since the late 1990’s. As a mortgage broker, and then as an account executive for a top producing lending corp., he became edified in every aspect of the mortgage business. He has worked directly with borrowers, underwriters and appraisers, processors, closing and funding departments for over 19 years.
About Innovative Mortgage Services, Inc.
Innovative Mortgage Services (IMS), is a successful Florida-based brokerage founded in 2004. IMS has over one hundred state licensed mortgage originators, seven branch offices and is a licensed lender in Florida, Tennessee, and Alabama. IMS offers competitive mortgage programs for all residential properties, including: conventional and government loans, USDA, reverse mortgages and non-prime lending sources.
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