Click the link below for a helpful glossary of terms about the mortgage process...

Are you dreaming of?

Purchasing your first home?
Purchasing a new home?
Refinancing your current mortgage to save money for vacations, pay bills, or put aside money for your child’s education?
Drawing on the equity in your home to add-on that new room, build a pool, or make other home improvements?
Establishing a home equity line of credit so that you can access the equity in your home when you need it?

McLaughlin Capital Group offers a full selection of loan products to help you make your dreams come true.

Purchase Money Loans
Refinances
Debt Consolidation Loans
Fixed and Adjustable Rates
Variable Loan Terms

What options do most people generally consider when shopping for a loan?

	How much money do you need to pay to the mortgage broker or lender when you take out a mortgage loan?
	Loan packages vary depending on the terms. We offer up to 100% financing on your loan. You may not need as much as you think, depending on the terms of the loan you choose.

	How can you lower the monthly payments?
	We offer many types of loan payment plans. If you make a larger down payment on the property, your loan payments may be lower.

	How can you find out the loan size you’ll qualify for?
	We can present the information from your loan application to one of our lenders in order to determine the loan amount size you’ll qualify for. We want to provide you with the information you will need to help in choosing your mortgage loan.

	How do you know if you’ll qualify for a loan?
	We work with a variety of lenders to offer many types of loan programs to all types of borrowers. We’ll help you understand the loan terms and let you know if there are steps you need to take in order to qualify for a loan.

	How do you know if we are choosing the right loan for you?
	We’ll discuss, in detail the different options and choices. You’ll understand the options in order to make an informed decision. Home loan decisions are very important to you and your family, and we are committed to providing the information you need in order to determine what’s right for you.

	Why should you work with a mortgage broker?
	In many cases, you can receive a lower cost loan or interest rate by working through a mortgage broker. Many lenders only offer their loan products through mortgage loan brokers. Use your broker’s knowledge and expertise to help you choose the right loan for you.

	How do you know if you’re getting the best financing package?
	We work with a variety of lenders who offer different rate and term packages for different types of loans. We encourage you to evaluate your options before making a decision.

	How long will it take to get the loan?
	Once we have all of the documentation the lenders require to approve your loan, you should generally find out within a few days about your loan approval status. We’ll help you gather the information in order to speed up the process. We know it’s important that you find out about the status of your loan as quickly as possible.

| | | | | | |