Get Approved FREE For A Best Rate Home Mortgage Before You Shop For A Home!

Should you talk to a mortgage Lender before house hunting?

Absolutely! 

Especially if you haven't so much as picked out homes to visit yet, it's important to see your mortgage LENDER first.

Why?  

MOST SELLERS WON'T even Consider an offer if your NOT APPROVED FOR HOME LOAN FIRST!

6 Things YOU Must Know Before Making Mortgage Application:  Free Report!

During the  Approval Process, I will help you determine how much  monthly mortgage payment you can afford, and and what price range you should be shopping in to purchase your new home. I will review your income and debts, your employment history, your available funds for down payment and closing costs, and your credit score. Once I have taken your application and you are approved, (will take less than 1 hour) I will give you and your Realtor what's called an Approval Letter, supject to a satisfactory appraisal, verification of funds to close and final underwriting review.

When you find a home that catches your eye, and you decide to make an offer, being Approved for a best rate mortgage will do a couple of things. First, you NOW KNOW how much you can offer. Your real estate agent will help you decide on an appropriate offer, but being approved for your home loan gives you and the seller the confidence to know you can follow through.

More importantly, to a home seller, your being approved for a mortgage is like you walked into their home with a suitcase full of cash to make the deal! They won't have to wonder if they're wasting their time because you might or might not qualify for a mortgage to finance the amount you're offering for the home. You have the Clout of a cash buyer ready to make the deal right now!

Click here for the Best Financing Plan

Don't wait, the home you are interested in may have other offers or may be sold, give me a call today. Better yet!

Provide me with some information through my secure basic pre-approval  page BELOW.....or full application and I will have an approval in less than an hour.

Good luck house hunting.

phil@mortgagebankamerica.com  



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Mtg Loan    Rate  APR
30-yr Fixed4.54%4.69%
15-yr Fixed4%4.21%
1-yr Adj3.64%4.52%
* national averages







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Basic Pre-Approval

Get the Best Mortgage Rate!

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Mortgage News Daily:
 
MORTGAGE RATES: Best Lock/Float Advice MND Can Offer
7/30/2010 3:44 PM

Posted To: Mortgage Rate Watch

I think it's safe to say that, consistently for the last 30 to 45 days, at least one lender (regional, major, or independent) has offered below market "record low" mortgage rates. Investor demand is consistently healthy for agency MBS, such that their prices are hitti...Read More
 
USDA Rural Housing Bill Passes; Low-Income Rental Legislation Advances
7/30/2010 11:23 AM

Posted To: MND NewsWire

One government housing program that had run out of funds months ago was revived by Congress yesterday, and another bill targeted at low-income rental housing moved a step closer to approval. The Senate yesterday passed HR 4899 to reestablish the popular U.S. Department of Agriculture Single-Family ...Read More
 
MBS Lower and Wider. Reprices Reported. Buyers Lurking
7/30/2010 10:10 AM

Posted To: MBS Commentary

Rate sheet influential mortgage-backs are experiencing some localized weakness as stocks rally and swaps spreads widen. Nominally, yield spreads have been wider all morning but price levels were still pushing new records because Treasuries were catching a bid, but the poo hit the f...Read More
 
Evolving Loan Officer Agreements: Mandatory Reserves and Good File Delivery
7/30/2010 10:05 AM

Posted To: The Garrett Watts Report

After visiting over 100 shops in the past 3 years, we haven't really seen anything “new under the sun” in terms of loan officer agreements. Sometimes I think all contractual documents used by mortgage bankers originated from the same source. But more recently we...Read More
 
Rapid Refinance Program: Don't Bet On It
7/30/2010 8:35 AM

Posted To: Pipeline Press

The economy is so bad, I bought a toaster oven and my free gift with purchase was a bank...If the bank returns your check marked "Insufficient Funds," you call them and ask if they meant you or them...Angelina Jolie adopted a child from America...My cousin ...Read More
 
The Day Ahead: Q2 GDP, Consumer Sentiment, Stocks Testing Support
7/30/2010 7:29 AM

Posted To: MBS Commentary

A busy day awaits the markets as investors get their first look at second-quarter GDP. Also in the store is the influential Chicago Business Barometer which gives an update on how the economy is recovering in the midwest, plus a consumer sentiment index for the nation at large. Whi...Read More
 
Treasury Auctions Done. Bonds Cautiously Resilient as Stocks Repeat History
7/29/2010 12:09 PM

Posted To: MBS Commentary

Treasury just sold $29 billion 7s to a group of uninterested buyers... Auction demand as measured by the bid to cover ratio was below average. 2.78 bids were submitted for every 1 accepted by Treasury. Compare that to the ten auction average of 2.81 and the five auction average of ...Read More
 
Fannie Mae Preps Investors for Reform. Book of Business Reflects Tight Credit Conditions
7/29/2010 11:31 AM

Posted To: MND NewsWire

In the wake of the passage of Wall Street Reform, which many opponents have criticized Capitol Hill for failing to deal with the future of Fannie Mae and Freddie Mac, the Obama Administration is beginning to present the broad outlines of how the future of the GSEs will be determined. In a letter re...Read More
 
Are HECM Regulators Acting Unethically Toward the Reverse Mortgage Program?
7/29/2010 11:06 AM

Posted To: Community Commentary

I recently spoke on two interesting panels at the American Conference Institute’s two day symposium on Reverse Mortgages. The conference was held at the famed Helmsley Park Lane Hotel in the heart of Manhattan. The conference attracted a virtual who’s w...Read More
 
Final Ruling Issued on SAFE Act; Underwriting Guideline Overlays, Adverse Market Fees and Steep LLPAs; CMBS Sales; California State of Emergency;
7/29/2010 8:51 AM

Posted To: Pipeline Press

On a non-mortgage note, my son asked me, "At what age is it ok to tell a highway that it is adopted? At some point the highway will realize that it doesn't look like the Kiwanis's Club." I would have told him to "keep his day job", except ...Read More





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