Whether you're dreaming of your first home or an exciting addition for your growing family, you deserve the best possible guidance from professionals who will be by your side every step of the way. Your financing needs are as unique as you are. It's our privilege and responsibility to make sure we meet those needs with industry-leading programs delivered within an easy-to navigate lending process. Our passion for exceeding your expectations is the heart of why we're able to build lifelong customer relationships - one great financing experience at a time.
Before we explore the Three C's of Loan Approval (Credit, Capacity and Collateral), and cover the Steps of the Home Buying Process, we'd like you to know you'll have a distinct advantage in the marketplace. Realtors and Sellers are aware that Gold Star's Advantage Pre-Approval means your purchasing power has been thoroughly evaluated. You'll be viewed as a credible Buyer, able to compete with cash offers and able to move swiftly to the closing table. We go the extra mile at the beginning of the process to make sure there are no surprises and you have the clout you need to compete.
The three Cs of Financing Approval - Credit, Capacity and Collateral - are always the three most important factors evaluated in your loan file. These factors control the loan terms for which you'll qualify - everything from program availability to interest rate. Let's take a look at what each of these represents and how they impact your approval.
It always helps to speak the language! We've made it east for you to familiarize yourself with all the terms you'll soon be hearing.
The home financing process can be incredibly exciting but also a little intimidating. Let us walk you through each step, so you'll feel comfortable from day one.
You'll have many questions along the way, and we love educating our Borrowers. We've assembled a list of frequently asked questions and their answers so you can get a jump on things.