Loans and Credit Cards Support

Pre-qualification is an estimate of how much house you can afford, while pre-approval is a conditional commitment to finance.

• Your current addresses for the past two years
• Social security numbers for all borrowers
• Your employment history for the past two years. (Employer(s) name, address and phone number.)
• Income information for all borrowers. You’ll be asked to include salary, overtime, bonuses, commissions, interest/dividend, retirement income and any other regular source of income.
• The price of the home you are buying, and how much you’d like to borrow toward the purchase.
• The address of the property you are planning to purchase.
• Bank and brokerage account information, including the institution name and current balances.
• If you own any real estate, we’ll have some basic questions including, address, current market value, the amount you owe, the rental income you receive (if any), and what your monthly payment is.
• Information about your current debts. We’ll ask for the name of the creditor, the account number, the current balance owing and the amount of your monthly payment.

It will take between 20 and 30 minutes to fill out the online application. Be sure you have gathered all of the necessary information (see question above) to streamline the process.

The interest rate depends on the program you will use to purchase or refinance. Check out the latest rates.

We do not. But we’ll help you save for a 5% down payment, which protects ownership of your home should property values decrease. We can also connect you with down payment assistance programs.

Must be currently applying for Citizenship Status, as well as pay a $20 application fee. If you live in VA or MD, you must process the application through CARECEN or Casa De Maryland.

We understand that applying for a car loan with limited or no credit history can be frustrating. We’d suggest applying with a co-signer. Co-signers agree to be equally responsible for repayment, and their excellent credit history can support your lack of established credit. Another option is to begin with a smaller loan amount to establish a repayment history. Along with other factors, we take a large down payment and a smaller loan request into consideration. Additional factors may include:

• A long-term employment history
• A shorter repayment term
• Other established sources of payment history, such as a long-term apartment rental, or established repayment on a utility bill

We’re happy to sit down with you to review your request and make recommendations that may help you obtain your first auto loan.

The most common reason for refinancing your loan is to lower your interest rate. If rates have fallen since you got your loan, refinancing could save you money. You may also be able to lower your monthly payment, either by lowering your interest rate or by extending the term of repayment. Give us a call at 771-333-2038 to speak with a loan officer and we’ll calculate your potential savings.

You can get pre-approved immediately! Submit an application online or call us at 771-333-2038, option 1. Pre-approval gives you an edge when negotiating a sales price with the dealer. It’s like cash on hand!