The Mortgage Firm has created the HomeNow Initiative to help low and moderate-income families buy homes in specific geographical areas of Miami Dade, Broward, and Palm Beach Counties.
We pair accessibility to First time homebuyer programs that could require NO to LOW down payment with our $1,000 HomeNow credit incentive so new homeowners can save even more money at closing.
One of our licensed HomeNow consultants will evaluate your credit, income and assets to determine what ranges of home prices you qualify for in the eligible zip codes. Once this process is complete, you will receive a Pre-Approval letter that solidifies you as a strong buyer, to submit with your offers. Sellers are more likely to accept offers from Buyers who provide a pre-approval letter because they know your documents have been reviewed by a lender and it clearly states that you are capable of satisfying all financing aspects of the purchase contract.
Speak with one of our licensed HomeNow consultants
Evaluate Income, Assets, Credit and Geographical Area
Determine loan program that best suits your needs
Receive a Pre-Approval Letter
Submit a solid offer on your Dream Home
Apply Today
Once you have found a home and have gotten into contract, our home loan experts will assist you through filling out the official loan application. The property information will be entered, any documentation that needs to be updated will be requested and you will be issued disclosures to review and sign.
Find a Home
Make an Offer
Get an Offer Accepted
Fill Out the Mortgage Application
Update Documentation as Needed
Review and Sign Disclosures
Processing
Loan processors will verify all documents relating to the borrower as well as the property being purchased. They will review all of the information in the loan file, request any additional documentation, and assemble an orderly and complete package for the underwriter.
Loan file is reviewed
Additional documentation is requested
File is submitted into Underwriting for credit decision to be made
Underwriting
Once the processor submits the complete loan file to underwriting, it is checked to make sure the borrower and property meet all of the guidelines for the loan. The underwriter is responsible for approving or denying the loan application. Loans are sometimes approved with conditions. Once the borrower fulfills the conditions, the loan is "clear to close".
Loan File is Analyzed
Confirm Borrower Meets Guideline Requirements
Property/Appraisal is Evaluated
Loan is Approved with Conditions
Clear to Close
Once the loan and qualifying geographical location have been approved, the closing process begins. During closing, the property title passes from the seller to the buyer. A closing agent, usually an attorney or official from a title company, oversees this process. The closing documents are signed, your $1,000 HomeNow incentive is credited to your closing costs and the loan is funded. The home buying process is complete.
Loan Conditions met and cleared
Review Final Closing Disclosure and Documents for accuracy
Borrower to Sign Closing Documents and receives closing costs credit for HomeNow Incentive
Loan Funded and Borrower receives keys to Dream Home
One of our experienced Loan Originators will evaluate your credit, income and assets to determine what ranges of home prices you qualify for. Once this process is complete, you will receive a Pre-Approval letter that solidifies you as a strong buyer, to submit with your offers. Sellers are more likely to accept offers from Buyers who provide a pre-approval letter because they know your documents have been reviewed by a lender and it clearly states that you are capable of satisfying all financing aspects of the purchase contract.
Speak with one of our Experience Home Loan Experts
Evaluate Income, Assets and Credit
Receive a Pre-Approval Letter
Submit a solid offer on your Dream Home
Apply Today
Once you have found a home and have gotten into contract, our home loan experts will assist you through filling out the official loan application. The property information will be inputted, any documentation that needs to be updated will be requested and you will be issued disclosures to review and sign.
Find a Home
Make an Offer
Get an Offer Accepted
Fill Out the Mortgage Application
Update Documentation as Needed
Review and Sign Disclosures
Processing
Loan processors will verify all documents relating to the borrower as well as the property being purchased. They will review all the information in the loan file, request any additional documentation and assemble an orderly and complete package for the underwriter.
Loan File is Reviewed
Additional Documentation is Requested
File Submitted into Underwriting for credit decision to be made
Underwriting
Once the processor submits the complete loan file to underwriting, it is checked to make sure the borrower and property meet all of the guidelines for the loan applied for. The underwriter is responsible for approving or denying the loan application. Loans are sometimes approved with conditions. Once the borrower fulfills the conditions, the loan is "clear to close".
Loan File is Analyzed
Confirm Borrower Meets Guideline Requirements
Property/Appraisal is Evaluated
Loan is Approved with Conditions
Clear to Close
Once the loan has been approved, the closing process begins. During closing, the property title passes from the seller to the buyer. A closing agent, usually an attorney or official from a title company, oversees this process. The closing documents are then signed, the loan is funded and the process is complete.
Loan Conditions met and cleared
Review Final Closing Disclosure and Documents for accuracy
Borrower to Sign Closing Documents
Loan Funded and Borrower receives keys to Dream Home
Headquartered in Orlando, Florida, The Mortgage Firm has been providing quality real estate financing for over 25 years. With a proven track record, we serve the lending needs of real estate professionals, builders and individual homebuyers.
Our qualified and licensed professionals offer expertise in every area of mortgage lending:
CONVENTIONAL
FHA
VA
USDA
JUMBO
REVERSE MORTGAGE *Not available in all states
We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding the right loan with the best rate, terms and cost to meet your unique needs. But that's just the beginning. Throughout the lending process, our talented staff will provide regular updates and progress reports so you know exactly where you stand, in person or online.
Let us make your mortgage experience simple!
We would love to hear from you
Corporate Office
921 Douglas Ave Suite 200 Altamonte Springs, FL 32714