Online Lenders Who Fund the Fastest in the USA
Our most recent applicant would like to find a lender or broker that will work with him to find an online lender who fund the fastest in the USA. He apparently has several jobs and does not have a lot of time to spend looking for a mortgage on a home he wants to purchase.
He has found a home that he has placed an offer on, but needs to be approved for a mortgage before he can finalize the offer on this home. Unfortunately he did not provide us with sufficient information for the application to be processed. This is a common problem that many applicants run into. They may need to provide additional information and become frustrated when their application process takes longer than they anticipated.
In this person’s situation, we need additional information about the home he is planning to purchase, the value of the home, his down payment and the taxes that he will pay on the home. The lender will want to confirm that the value of the home supports a mortgage of this size. The tax payment is also needed to ensure that his income is sufficient to pay the mortgage payment plus the monthly tax payment.
Regarding his request for the lender to pick up the cost of the appraisal, some lenders will do this for the very best clients with superior credit ratings. Once all of the information is provided for this applicant, the lenders and the broker will review the situation and decide how much leeway there is on absorbing some of the costs of processing this mortgage.
Home/Mortgage Loan Amount :: $100,000
Home Loan Application and Processing Speed (when do you need the funds)::within the next two months
Do you currently have a mortgage? :: no
Bank Name and Branch ::Bank of America, Powell St
What City/Town, State and County do you live in? ::San Francisco, California, United States
What is your employment field? :: Streetcar operator
Employment Position ::I am a San Francisco Street Car Operator
When are you paid? (monthly/weekly/biweekly):: Biweekly
Your credit rating to be – excellent, fair, or bad? :: Fair to excellent
How did you find us? :: searching online for lenders who fund the fastest in the USA
How are you paid? (direct deposit/paper check)::Direct Deposit
Gross Amount Per Paycheck :: $1800
Do you agree to have this information published online, without your PRIVATE information of course? :: Sure as long as my social insurance number and my personal information is kept private
Extra information here please (some detail):: I have been searching for online lenders who fund the fastest in the USA for a couple of days now and have stumbled on your site. I am hoping that your lenders or brokers can help me find a mortgage quickly so that I do not need to spend any more time on this. I am very busy with my jobs and cannot really afford to spend a lot of time looking for a competitive mortgage.
I have several jobs; however my main job is driving one of the trolley cars in San Francisco. You may have heard of them. These are the cable cars that are a tourist attraction in San Francisco and are still run by cable. Basically the car is attached to the cable and dragged up or down the hills of San Francisco. I work at this job for 29 hours a week and the rest of my week is spent working at a local convenience store to make some added money to pay for the extras that my family needs. Since I work both jobs and long odd hours I just do not have time to search for a mortgage and I am hoping you guys can help me.
Note to Lender :: I need a $100,000 mortgage for a home that I plan to buy. It is a small place, but I have a large down payment and I need to put a mortgage on it to be able to afford to move in. Houses are so expensive in this city and I can only afford this really small 900 square foot bungalow. I would like to firm up my offer in the next 10 days and then the mortgage will be required within two months.
I guess I need a decision really quickly and then the actual mortgage does not need to be put in place so quickly. My credit rating is excellent. I have never missed paying my rent, utility bills or any credit card payments. I expect that you should also find that I have no debt of any kind. With this excellent credit rating I am looking for online lenders who are the fastest in the USA to provide me with a very competitive interest rate and mortgage terms. I know that an appraisal will be needed, however I expect the mortgage company to pick up the cost of the appraisal and any other fees associated with processing the mortgage.
Please advise as quickly as possible regarding this mortgage request.
|Category: Home Mortgage Loan||APR 3.14%||APR 3.55%||APR 5.95%|
|Length of Term||15||20||30|
|Amount to be paid||$123,679.22||$135,646.02||$174,619.63|
|Total interest paid||$23,679.22||$35,646.02||$74,619.63|
|Paid per installment||$677.69||$557.45||$574.09|