Before you start shopping for your dream home the very 1st step is finding the right mortgage lender for YOU! You’ll want to have your pre-qualification ready so when you find that right home you’ll be ready to meet with your agent and write a qualified offer for your agent to present to the seller. While the internet is overwhelming with banks and lenders it is very important to find out if the lender is a direct lender with in-house processing and underwriting.
Anything less should be unacceptable to you as the buyer!
Insist on getting a written Good Faith Estimate with 24 hours from any lender you contact. This estimate will show all the detail charges that will appear on your Buyers closing disclosure settlement that will be issued to you 3 days before closing.
As buyers, here are a few questions you should be asking when applying for your mortgage:
- What are the rate and points that you’re charging for this mortgage?
- What is the APR?
- What are all the fees you’re going to charge me between now and settlement?
- Is there a pre-payment penalty?
6 DON’TS WHEN PURCHASING A HOME!
- DO NOT! Deposit cash into your bank accounts or move money around.
- DO NOT! Make any large purchases (i.e. new car or furniture)
- DO NOT! Co-sign other loans for ANYONE!
- DO NOT! Change bank accounts.
- DO NOT! Apply for new credit. (unless advised to do so by your lender)
- DO NOT! Close ANY credit accounts.
Normally 5 – 10 days before your settlement a lender WILL pull your credit to make sure your balances have NOT increased from the time you made your mortgage application. If balances HAVE gone up, or any new credit appears on your report you may no longer qualify for the mortgage.
** ALWAYS discuss with your Loan Officer before doing anything **
Compliments of Wendy Lewers of Atlantic Home Loans.
Resale / Land / Construction Mortgages:
Cardinal Financial
600 E. Main St., Unit 1
Lansdale, PA 19446
Resale / Construction / Home
Stuart Drew
Office: 610-703-8522
Email: stuart.drew@cardinalfinancial.com
Fairway Independent Mortgage
1275 Glenlivet Drive
Allentown, PA 18106
Resale / Home
Scott Hillegass
Office: 484-224-2994
Email: ScottHillegass@FairwayMC.com
First Northern Bank
4th & Lafayette Avenue
Palmerton, PA 18071
Resale / Land
Lori Solt
Office: 610-824-2335
Email: lsolt@1stnorthernbank.com
Mauch Chunk Trust
1111 North Street
Jim Thorpe, Pa 18229
Resale / Land / Construction
Andi Gavin
Office: 570-325-0424
Email: AGavin@MCT.bank
Mid Atlantic Farm Credit
1513 Main Street
Shoemakersville, PA 19555
Land
Rachael Vezzozi
Phone: 888-339-3334
Cell: 610-217-0231
Mortgage America
1425 Grape Street
Whitehall, PA 18052
Resale / Home
Jason Breidinger
Office: 610-439-8000
Cell: 610-703-0463
Email: JasonBreidinger@Gmail.com
Web: www.mortgagebankamerica.com
The Mortgage Company
470 S. Cedar Crest Blvd
Allentown, PA 18103
Resale / Home
Larry Ahner
Cell: 610-739-8655
Email: LAhner@TheMtgCo.com
The Neffs National Bank
5629 Route 873
Neffs, PA 18065
Resale / Land / Construction
Marianne C. Eisenhauer
Cell: 610-767-3875
Email: Eisenhauerm@NeffsNatl.com
Web: www.neffsnatl.com
Univest Bank & Trust
4600 Broadway
Allentown, PA 18104
Resale / Home
Denis Trelease, #442284
Cell: 484-860-3560
Email: TreleaseD@Univest.net
Web: www.Denistreleaseloans.com
Manufactured Home Lenders:
Approved Credit Services
2572 Erie Blvd. East
Syracuse, NY 13224
Bill Kousmanidis, President
First Credit Corporation
21 North Main Street
Gloversville, NY 12078
Ann Diodato
Priority Funding
292 Main Street
Northboro, MA 01532
Rob Pettet
Tammac Corp.
613 Baltimore Drive
Wilkes Barre, PA 18702
Tammac Representative
Triad Financial Services
125 Mooney Drive
Bourbonnais, IL 60914
Triad Representative
Vanderbilt Mortgage
500 Alcoa Trail
Maryville, TN 37804
Craig Strange
Home Inspection Services:
