Foreign National Program without:
Residency, Social Security or Income in the US
USDA Loans for moderate income Families
0% down payment - 100% financing
All Government Loan Programs
FHA, USDA and VA
Ask us about our program
To improve your credit scores...
Starting with only:
580 Credit Scores!!!
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We will help you.
Contact us to analyze your options.
Don't worry and submit your information
We will help you.
Upto 90% financing for
Purchases of up to $830,000.
| SALES PRICE: | $600,000 |
| LOAN TERM: | 15 years |
| PRODUCT: | Fixed Rate |
Loan Terms |
Can this amount increase after closing? |
|
Loan Amount |
$582,000 |
NO |
Interest Rate |
5.750% |
NO |
Monthly Principal & Interest |
$4,832.99 |
NO |
Does the loan have these features? |
||
Prepayment Penalty |
NO
|
|
Balloon Payment |
NO |
Projected Payments |
|||||||||||||
Payment Calculation |
Years 1-15 |
Years |
|||||||||||
Payment Calculation |
$4,832.99 |
$ __ |
|||||||||||
Mortgage Insurance |
+ $140.65 |
+ __ |
|||||||||||
Estimate Escrow |
+ $933 |
+ __ |
|||||||||||
Estimated Total |
$5,906.64 |
$__ |
|||||||||||
Estimated Taxes, Insurance |
|
||||||||||||
Costs at Closing |
||
Estimated Closing Costs |
$17,707 |
Includes $11,759 in Loan Costs + $5,948 in Other Costs – $0 in Lender Credits. See page 2 for details. |
Estimated Cash to Close |
$19,707 |
Includes Closing Costs. See Calculating Cash to Close on page 2 for details. |
Projected Payments |
||
A. Origination Charges |
$6,655.57 |
|
1.1134 % of Loan Amount (Points) |
$6,480.57 |
|
Lender Document Attorney Preparation Fee |
$175 |
|
Other Costs |
||
E. Taxes and Other Government Fees |
$125 |
|
Recording Fees and Other Taxes |
$125 |
|
Transfer Taxes |
||
F. Prepaids |
$2,774 |
|
Homeowner’s Insurance Premium ( 12 months) |
$2,700 |
|
Mortgage Insurance Premium ( months) |
||
Prepaid Interest ( $73.75 / day for 1 days @ 4.625%) |
$74 |
|
PropertyTaxes ( months) |
||
B. Services You Cannot Shop For |
$1,238 |
|
Appraisal Fee |
$600 |
|
Contract Processing Fee |
$500 |
|
Credit Report |
$56 |
|
Flood Certification |
$7 |
|
Tax Service Fee |
$75 |
|
G. Initial Escrow Payment at Closing |
$2,799 |
|
Homeowner’s Insurance $225 per month for 3 mo. |
$675 |
|
Mortgage Insurance per month for 0 mo. |
||
Property Taxes $708 per month for 3 mo. |
$2,124 |
|
H. Other |
$250 |
|
HOA Transfer Fees |
250 |
|
I. TOTAL OTHER COSTS(E+F+G+H) |
$5,948 |
|
C. Services You Can Shop For |
$3,866 |
|
Survey Fee |
$450 |
|
Title - Abstract/Title Search Fee |
$100 |
|
Title - Lender's Title Insurance |
$2,755 |
|
Title - Settlement/Escrow Fee |
$495 |
|
Title - Tax Certificate Fee |
$66 |
|
J. TOTAL CLOSING COSTS |
$17,707.57 |
|
D + I |
$17,707.57 |
|
Lender Credits |
||
Calculating Cash to Close |
||
Total Closing Costs (J) |
$17,707.57 |
|
Closing Costs Financed (Paid from your Loan Amount) |
$0.00 |
|
Down Payment/Funds from Borrower |
$18,000 |
|
Deposit |
-$6,000 |
|
Funds for Borrower |
$0.00 |
|
Seller Credits |
-$10,000 |
|
Adjustments and Other Credits |
$0.00 |
|
Estimated Cash to Close |
$19,707.57 |
|
D. TOTAL LOAN COSTS (A + B + C) |
$11,759.57 |
|
Thanks Joan for you amazing work with our home loan. I still can’t believe I purchased a house for $174,000 and went to closing with $769 besides my $1000 earnest money deposit. I submitted an application online on 10/5/2016 after I read online about VA Programs Clear Lending offered. Next day Joan Gallardo called me and after his applications dept. completed an Pre-Approval, he told me from the start not to worry that he would be able to take care of me. And boy he did! He even negotiated on behalf of my agent with listing agent getting me a large seller contribution. This guy is very knowledgeable and I truly recommend him. Joan my wife and I cannot thank you enough all hard work you have done and no need to say I will refer you my friends. Actually I already sent you my boss. Take good care of Jorge! Thanks Joan.
First let me start off by saying no, I did not get my loan approved (yet). No-fault but my own. However, I highly recommend this company. They are knowledgeable, professional, and courteous to whatever your situation is. They stay in contact with you and clearly explain every step of the process so you never feel like you are in the dark. I would even say they go out of their way to make sure you completely understand everything and are comfortable with all the information being provided to you. Joan and Jorge, you were wonderful and after I get a few hiccups worked out, I will be back to try again. :)
FROM GOOGLE: I am a Disabled Veteran who found Clear Lending online. I worked with Joan and did everything over the internet without ever actually meeting him in person. This was a great expeiernce and he was wonderful and helped me with the whole process and answered any questions i had. This is an A++++ service place for loans for veterans. Would reccomend them to any veteran even with less than perfect credit. This people are awesome and Joan helped me with everything. I would suggest every veteran use him
