Services at MORTGAGE LEADERS
Prequalification
Prequalification is an important first step in your home-buying journey. At Mortgage Leaders, prequalification provides an estimate of how much you may be able to borrow based on the financial information you provide and a credit review.
This step also gives you the opportunity to explore different mortgage options and work with a loan expert to identify the program that best fits your goals and budget.
Common documents needed for prequalification:
.• Most recent 30 days of pay stubs.
.• Credit check authorization.
.• Bank account information or two most recent bank statements.
.• Down payment amount and source.
.• Tax documentation, including W-2s and tax returns from the past two years.
Benefits of prequalification:
Prequalification allows you to shop for a home with confidence, understand your buying power, and be prepared to make a competitive offer when the right property comes along.
Purchasing a Home
We make the home-buying process simple and transparent. Here’s how it works:
.• Complete our quick mortgage pre-approval request
.• Receive loan options based on your unique financial situation
.• Compare interest rates and loan terms
.• Select the mortgage that best fits your needs
We clearly explain the differences between loan programs, helping you make an informed decision—whether you’re a first-time homebuyer or purchasing again.
Refinancing
Refinancing replaces your existing mortgage with a new one. Homeowners typically refinance to lower their interest rate, reduce monthly payments, change the loan term, or access cash from their home’s equity.
Our team will help you evaluate whether refinancing makes sense for your goals and guide you through every step of the process.
Debt Consolidation
A debt consolidation refinance allows you to combine high-interest debt—such as credit cards—into one manageable monthly payment. This option can help lower interest rates, simplify finances, and reduce the risk of missed payments.
Eligible debts may include:
.• Credit cards and retail cards
.• Gas cards
.• Installment accounts
.• Personal loans
With one payment instead of many, managing your finances becomes simpler and more predictable.
