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Here are the questions we get asked most often:
- What
is the difference between being Pre-Qualified
and Pre_Approved?
- What
is the typical down payment?
- What
kind of loan programs does Sharpe Mortgage have?
- How
do I get started?
- What
is the normal closing time?
- Do
I need to attend the closing?
- Can
I have more than one loan processed with you?
Just Click on a Question to Get an Answer!
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What
is the difference between being Pre-Qualified
and Pre_Approved?
Pre-qualified ...
I'll be happy to "pre-qualify" you over the
phone, By answering a few questions about your income
and obligations, we can give you a price range of what
home you can afford. We can also provide a free
"Good Faith Estimate" which will show you
the total closing costs and fees for closing your loan.
You may fill out our On-Line
Loan Application and we will be able to tell you
what loan programs you qualify for.
Pre-approved ...
If you feel you will be purchasing a property in the
next 4 months, applying for a "Pre-Approval"
will provide you with a loan commitment that is good
for 120 days. The cost is minimal, which covers your
credit reports and you are given this monies back as
a credit towards your closing costs. It is not uncommon
for two buyers to make an offer on a home at the same
time. If you already have been "Pre-Approved",
your offer will be more enticing to the Seller(s).
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What
is the typical down payment?
Each loan program has different
minimums that vary from 0% down( VA), 3% FHA, 3 to
5% Conventional and 10% down Investor loans. We also
have Construction loans and lot loans available for
qualifying borrowers. Teachers have special financing
with little or no monies down-----be sure to ask about
this loan program if this is your occupation.
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What
kind of loan programs does Sharpe Mortgage have?
All of the following:
- Residential Mortgages
- 1st, Seconds and Line Equity Loans
- Fixed Rate or Adjustable
ARM's
- Jumbo Mortgages
- Construction - Perm
Loans - New Construction Lot Loans
- Foreign National Loans
- No-income Verification
Loans
- Investor Properities
- Second Homes
- FHA and VA
- OPTION ARMS and NEG
AM Loans
- Refinances Second Mortgage
and Home Equity Lines of Credit
- Commercial Real Estate
Based Loans
ALL
loans available anywhere in the state of Florida!
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How
do I get started?
Fill
out our on-line application or contact us at
(813) 876-5555.
If you live outside of
the state of Florida, our number is 800-283-6230.
If E-mail is your preferred
method of communication, write us at contactme@sharpemotgage.com.
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What
is the normal closing time?
Typically it is 30 days
and we can close in less time if we have all the pertinent
closing documents.
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Do
I need to attend the closing?
No, you do not have to
as long as we have enough time to submit the documents,
have loan approval and have the title company courier
the documents to you and have them back to the title
company by the closing date on your real estate contract.
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Can
I have more than one loan processed with you?
Yes, there is no limit to the number of loans and types
of loans that you may have. You must qualify and have
all the necessary funds, assets and support documents
for each lender.
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