Statewide Home Savings is approved with nation top 20 Wholesale Lenders. It gives us the advantage to shop the best interest rate and closing cost for your loan. We provide FHA, Conventional, VA, Home Possible and Home Ready loan program with minimum 3% down payment. We do 2nd loan (combined loan up-to $1,500,000) behind first mortgage to avoid PMI. If we cannot beat any written loan estimate, we pay $500 to you at closing. Here’s how it works:
- You provide last 2-year tax, w2, current pay stubs and current bank statement for each borrower thru Dropbox secured link
- Mortgage broker identify the best loan option and discuss down payment, rate and fund to close for each loan program with borrowers
- Statewide Home Savings issues a pre-approval letter valid for 90 days.
- Borrower brings down payment and pre-paid items only
- Statewide Home Savings broker provide lender credit for all closing cost.