Loan Packaging
AVOID: Loan Turn Downs. Rejections and Being Switched to NON “A” Paper - Higher Interest Loan Programs.
LOAN Packaging (my service) is a lot different from Pre-qualifying. What I do is determine what is necessary and give Professional Advice on how to accomplish a qualifying position for an “A” Paper Lower Interest Rate Loan. This review and customized advice comes in the form of a report, after an item by item review of your individual Loan Application by me personally.
I will pre-underwrite/evaluate/diagnose your Loan and Transaction Position and provide you with professional strategy to improve your qualifying position and your chances of passing your lenders underwriting and getting your Loan Approval with a better interest rate.
This strategy and report process does require active participation by you, the client, to implement the changes recommended & obtain proper documentation. Recommendations about implementing the changes will also be included with your report utilizing my customized strategy.
The process requires you to send a completed
Loan Application Form 1003 (PDF Online Interactive Version)
or
Loan Application Form 1003 (PDF Download, print and fax/mail version)
& a Full Factual Merged Current Credit Report (if you need a credit report click here to order) with all 3 FICO Scores or an Authorization for me to do the Credit Report and payment for it during check out.
The Loan Packaging Service includes Credit Packaging in the price and service.
