Simplifying Mortgages for Homebuyers and Homeowners
Committed to Clear, Reliable Mortgage Solutions
Why Webster Home Loans
At Webster Home Loans,
we help homebuyers become successful homeowners by purchasing a home with little to no money down. We are committed to simplifying the the loan process and providing Clear, Reliable Mortgage Solutions.
The Homebuying Roadmap
Step 1 | Pre-Approval
The first step in your mortgage process is to speak with a mortgage consultant. They will guide you through the initial application and explain any documentation needed to find what you qualify for!
Step 2 | Shopping for a Home
Now that you know how much home you can afford, it's time to start shopping! Your real estate agent will place you on a home search and start showing you homes.
Step 3 | Placing an Offer
Once you find the right home, your agent will help you draw up the contract and send an offer to the seller. This is where negotiations begin!
Step 4 | Underwriting
Now that you've got an accepted offer, the lender will begin finalizing the loan process. This is where the home is appraised and inspected and the underwriter reviews all information for your final approval. Don't be alarmed if they ask for updated documentation! This is completely
normal - especially if you've been shopping for a while
Step 5 | Closing
Once all inspections are done and the underwriter has signed off on your documentation, your loan will be...
"Cleared to Close"
The only thing left is to sign your closing paperwork with the title company and move in!
Have a quote from another lender? Lets see how much Scott can save you.
Do You Have Questions?
We’ve compiled a list of commonly asked questions for you. If there’s anything else you’d like to know, don’t hesitate to reach out—we’re here to help!
How much does it cost me to get pre-approved?
No charge! It’s an important step in your homeownership journey.
There’s no obligation when you get pre-approved—it’s simply a way to see where you stand and what steps, if any, you need to take to reach your goals. Even if you’re not ready to buy right away, starting the process now sets you up for success when the time comes.
What do I need to qualify for a mortgage?
Credit score - You want to have a score of at least 580, we can help customize the best loan for yourneeds.
Stable Income - Employment History of at least 2 years (in some cases your school can count towards this).
Down Payment - There are options as low as 0% depending on the loan program.
What are closing costs and how much should I budget for them?
Closing costs typically include fees for the loan, appraisal, title services, taxes, and insurance. They usually range from 2%-5% of the home’s purchase price. In Arizona, some buyers negotiate for the seller to cover a portion of these costs. We can help put a plan in place to help mazimize your savings and out of pocket costs.
Why should I work with a Mortgage Broker versus a bank?
We have close relationships with multiples lenders giving you access to wide range loan products and terms. We will provide you with personalized guidance and support by educating and advocating for you every step of the way.
We offer competitive interest rates becasue we are able to compare rates from multiple lenders which leads to huge savings over the life of your loan.
Mortgage brokers specialize in finding loans for a variety of situations, including first-time buyers,
self-employed borrowers, or those with unique credit challenges.
What type of borrowers do you work with?
Whether you are purchasing or refinancing our home we want to work with you. We are happy to say we have helped many people whether they be first time buyers, self-employed borrowers and investors. We would love to customize a loan plan for you and put you on the path to being a successful homeowner!
ABOUT US
Webster Home Loans was founded with the goal of Simplifying Mortgages for Homebuyers and Homeowners while Providing Clear, Reliable Mortgage Solutions.
CONNECT WITH US
RESOURCES
Scott Webster | NMLS #1517404 | Webster Home Loans | NMLS #2492912 | 3168 East Linda Ln, Gilbert, AZ 85234 | AZ 1046727 | Equal Housing Opportunity | This is not a commitment to lend. All loans are subject to credit approval. | nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/2492912