Do’s and don’ts of the mortgage process

Many times we find our clients are poorly positioned to qualify for a loan with the best possible rate. That’s why it’s vitally important to meet with a qualified, experienced Mortgage Broker before starting your home search.

Here are the steps to prepare yourself:

Make sure your employment, asset and personal information is correct on your loan
application.

Be prepared to account for non payroll deposits into each account you plan to use
toward your transaction.

Respond to any requests from your loan officer promptly.

Do maintain your employment at your current job.

Don’t apply for any new credit or financing of any kind. Don’t co-sign on a loan, either.

Don’t have any inquiries made on your credit report.

Don’t raise red flags to the underwriters -such as co-signing on another person’s loan
or changing your name and address.

Don’t make changes to your name, address, job or income.

Don’t spend your closing costs.

Don’t apply for new credit of any kind.

Do keep all credit card accounts open.

Don’t MAX OUT or overcharge existing credit cards.

Do maintain your employment at your current job.

Don’t consolidate debt to one or two cards.

Do pay off collections, judgments, or tax liens reported within one year.

Don’t make any large purchases.

Do stay current on your existing accounts.

Don’t make any large deposits into any of your accounts.

Do call. We are here to help you through this process.

We Partner with the best in the business…

When it comes to buying or refinancing a home, it is nice to know that someone is looking out for your best interests. Realty ONE Group Zoom wants all of our clients to experience the best service. That is why we partner with the best in the business.

Zoom Loans is a leading independent mortgage Broker in the United States, specializing in residential home loans and refinances. For more than 15 years, we’ve grown through referrals by focusing on doing what’s right.

With over 30 years of combined experience in providing loans, service, and expertise to home-buyers, Zoom Loans upholds an enduring presence in the lending community. By strategically meeting the ups and downs of the real estate and financial markets, Zoom Loans has remained steadfast in its mission to provide affordable home financing, unsurpassed service, and a dedicated workforce to meet our customers’ needs.

Zoom Loans is a nationally recognized mortgage brokerage serving home-buyers throughout the United States.

Zoom Loans, Equal Housing Lender, NMLS # 1312186
Licensed by the California Department of Real Estate License #01527041.

All loans subject to underwriter approval. Terms and conditions may apply. Subject to change without notice.
Zoom Loans is not affiliated with Realty ONE Group Zoom.
For more licensing information visit ZoomLoans.Mortgage

Hello@ZoomLoans.Mortgage | 408.613.7195

Presenting our Loan Officers

Nathaniel Rutkoski
Mortgage Broker
NMLS #: 356590

Renee Ruiz
Leads Manager

Estee Dicostanza
Processor

Javier Gallegos
Loan Originator
NMLS #: 1969684

Antonio Fowler
Loan Assistant