I am a Midwest Transplant from the west suburbs of Chicago. I am an ASU Sun Devil, class of 2004. I got into the Mortgage Banking business by means of a chance airplane ride…ask for the full story when we chat. I have been in the business since February of 2007 and have been part of two of the top producing teams in the country over those years. In 2009, my team and I were the #1 FHA loan originators in the State of Arizona and have been consistently ranked in the top 100 Nationally. I am very passionate about my profession and take great pride in helping people understand the home buying process and educating them on what their lending options are that are available to them. I enjoy sharing in the feeling of excitement and joy when individuals and families are able to live out their dream of buying a home. I look forward to doing the same for you and your family and earning your business.
A Little About Academy—
We are located in Chandler, Arizona and provide in house service for the entire loan process. All of the processing, underwriting, doc drawing and funding of your loan will be done here, locally. This allows us to have full control over the process and allows us some of the fastest closing times out there. Typically our closing time is 14 days where other banks and lenders can take 35-60 days to close a transaction. Academy offers a full range of loan programs including FHA, Conventional, VA, USDA Rural Housing, Fannie Mae Homepath, JUMBO and more. My team and I are available days, evenings and weekends to assist in any way needed.
From pre-approval to closing, Academy will help you along the road to homeownership. You can count on us for responsible, honest, and ethical service in every step of the process.
Loan pre-approval. Pre-approval allows you to search for a home that you can afford based on your credit, income, and assets. An application and supporting financial documents must be submitted to your Loan Officer, including pay stubs, tax returns, and account statements.
Home search Once pre-approved, start shopping with your real estate agent! When you decide on the right home for you, the terms of sale are negotiated and your agent presents your offer to the seller.
Formal loan application and product selection. After the seller accepts your offer, formally apply for home financing and select the ideal loan product to meet your needs.
Appraisal and home inspection. As your application is being processed, an appraisal is ordered to identify any discrepancies between the sale price and appraised value. Properties are also inspected for water and termite damage and other safety hazards.
Processor’s and underwriter’s review. A loan processor reviews the entire loan file and sends all pertinent information to an underwriter who makes the final decision to approve the loan.
Final loan approval. If you have a good credit score and debt-to-income ratio, your loan will likely be approved. Keep in mind that there may be financial conditions or property conditions that need to be met before final loan approval.
Closing. Final loan and escrow documents are prepared and signed by you (the buyer) and the seller.
Funding. A wire or check for the amount of the loan is sent to the title company.
Close of escrow. Documents that transfer titles are recorded with the county.
Confirmation of recording. The title company authorizes the escrow company (or closing agent) to draft a check to the seller.
Ultimately the final step . . . MOVE INTO YOUR NEW HOME!
For many, the benefits of buying a home outweigh the advantages of renting. With mortgage interest rates at historic lows and rents on the rise, now is an affordable time to finance a mortgage with a fixed monthly payment lower than rent.
If you plan to stay in your home for more than six years, buying a home could save you thousands of dollars over renting. And don’t forget about the noisy neighbors upstairs.
The Benefits of BUYING
Mortgage loan interest is deducted from your state and federal income taxes and a portion of your property taxes may also be deducted.
Fixed mortgage payments (principal and interest) will not change during the loan term whereas rent payments may increase annually.
Owning a home long term allows equity to build and thus your home investment to grow.
The Benefits of RENTING
Renting may be the preferred option for those planning or needing to make a move in less than six years.
LITTLE OR NO MAINTENANCE
Renters are often able to rely on landlords and property managers to pay for and make necessary home repairs.
UTILITIES MAY BE COVERED
Some utility expenses may be included in monthly rent payments.
Contact me today to start realizing the benefits of homeownership.
Please consult a tax professional about your specific situation and the tax savings benefits of homeownership.