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The Loan Process |
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Step 1: |
Find out
how much you can borrow |
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Step 2: |
Chose a
program/loan that's right for you |
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Step 3: |
Submit the loan application,
Click here! |
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Step 4: |
Obtain
the loan approval |
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Step 5: |
Order
appraisal, title, and escrow |
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Step 6: |
Final
approval and clear to close |
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Step 1: |
Your maximum loan amount
depends on many factors, including:
How much you can afford for
monthly payments.
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The appraised value of the
property
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The amount of equity in
your home, if you're refinancing.
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How much money you have
available for closing costs and a down payment (if
you're purchasing).
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Your credit history.
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Step 2: |
Mito Mortgage
offers a variety of loan programs. Our different
programs offered to suite your situations:
(for those with excellent credit)
Bad Credit
Low Rates (lower your
monthly payment)
No Money Down
VA
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Step 3: |
Mito Mortgage offers you several convenient ways to
get started:
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Online Application,
click here!
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Application by phone, Call us at
(813) 835-4333 and
we will take your application over the phone.
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By mail, please
Download
the application, complete it, mail, email or fax
it to us
Fax: (813) 835-4112
info@mitomortgage.com
4850 W. Gandy Blvd
Tampa, FL 33611
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Step 4: |
Once
your loan application has been received we will
start the loan approval process immediately. This
involves verifying your: Credit history, Employment
history, Assets including your bank accounts,
stocks, mutual fund and retirement accounts, and
Property value
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Step 5: |
After
your loan is approved, you will be required to sign
the final loan documents. This will normally take
place in front of a notary public. Be prepared to:
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Bring
a cashiers check for your down payment and closing
costs if required. Personal checks are normally
not accepted.
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Review
the final loan documents. Make sure that the
interest rate and loan terms are what you were
promised. Also, verify that the name and address
on the loan documents are accurate.
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Sign
the loan documents.
Your
loan will normally close shortly after you have
signed the loan documents. On refinance and home
equity loan transactions federal law requires that
you have 3 days to review the documents before your
loan transaction can close.
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Step 6: |
After
your loan is approved, you will be required to sign
the final loan documents. This will normally take
place in front of a notary public. Be prepared to:
-
Bring
a cashiers check for your down payment and closing
costs if required. Personal checks are normally
not accepted.
-
Review
the final loan documents. Make sure that the
interest rate and loan terms are what you were
promised. Also, verify that the name and address
on the loan documents are accurate.
-
Sign
the loan documents.
Your
loan will normally close shortly after you have
signed the loan documents. On refinance and home
equity loan transactions federal law requires that
you have 3 days to review the documents before your
loan transaction can close.
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