At Castle & Cooke Mortgage, LLC, we have a good idea of what people are looking for in today’s cluttered and confusing home mortgage marketplace. We know it isn’t merely a matter of finding a company that can deliver a better rate. It’s also a matter of finding a team of people who can deliver a better mortgage experience. Who listen and understand exactly what you’re looking for. Who are interested in learning about your plans for the future. Who are ready to partner with you and do whatever it takes to help achieve your goal of home ownership.
The first step in your journey of home ownership is to get pre-approved for a home mortgage loan. Through this process, a mortgage lender will review your credit score, income, assets and debt. When you get pre-approved for a mortgage loan, you are essentially finding out how much money you will be able to borrow to purchase a home. Your mortgage lender will provide you with a pre-approval letter for your realtor.
The Lender Pre-Approval Process Will Tell You Your:
- — Credit score and debt to income ratio
- — Best loan program based on your wants and needs
- — Price range to search for a home within
- — Approximate monthly house payment
- — Down payment amount
- — Approximate closing costs
We recommend that you go through the pre-approval process before you hire a real estate agent or start looking at houses. This will ensure you are looking for the correct homes in your price range and loan program. To set up an appointment for a pre-approval consultation, please contact Andres Monsalve (NMLS 243377) or Luis Tipacti (NMLS 281077) at (818) 237-9818. Our Burbank branch is located in the heart of downtown Burbank at 111 N. 1st St. Ste. #209.