813.910.8020 Apply Now

Mortgage Broker Tampa, FL | Mortgage Lender Tampa Florida | Marimark Mortgage

  • Home
  • Homebuyers
  • Homeowners
  • Realtors
  • Investors
  • About Marimark
  • Contact Us
  • Mortgages
  • Apply Now
  • Current Mortgage Rates
  • Calculators
  • Testimonials
  • Blog
  • Videos
  • Featured In

5 Ways to Make the Home Loan Process Go Faster

Mary Catchur, Marimark Mortgage
Mary Catchur, Marimark Mortgage

Working with Marimark Mortgage is one of the first steps!

We offer some of the latest technology available to simplify and accelerate the loan process.  In addition to our technology, the knowledge and experience of our loan officers helps to eliminate delays that are often encountered when dealing with less experienced loan counselors.  As a result of our experience, we know the common pitfalls and delays and can eliminate problems before they occur.

Some ways that you can facilitate the process of getting a mortgage loan are:

1. Have everything ready and in one place.

Before you begin the application process, gather together some basic documents, such as employment and income documentation for the last 2 years, bank statements, current mortgage statements if refinancing, etc.  You will find a checklist of frequently requested items on our website under the loan checklist tab.  This checklist is comprehensive and includes docuuments for all situations, many of which will not apply.  Before you spend time gathering all of these documents, give us a call and we’ll specify which ones apply to your situation.

2. Be honest and complete when you fill out your application.

It won’t do any good to omit or not be completely honest when filling out your application.  The application will later be supported by other documents which must agree to what you fill out.  It’s better to let your loan counselor know about things you think may be a problem and deal with them up front, rather than omit them.

3. Respond promptly to requests for additional information.

While we try to obtain most of the documents we think we will need upfront, occasionally a lender will request additional information.  The quicker we get those documents the faster the process will go, so please be responsive and available for additional requests.

4. Be prepared to explain derogatory items in your credit report.

Lenders will often ask for explanations for derogatory items in your credit report.  Again, just explain them to the best of your ability.  Most people don’t have perfect credit and sometimes a reasonable explanation mitigates the effect of the derogatory item.

5. Let the appraiser in!

One of the biggest reasons for delays in the loan process relate to the appraisal.  The sooner we can get the appraiser to the home, the sooner we can get the completed report.  We like to schedule the appraisal immediately after completing the application to avoid such delays.  So, please be cooperative in scheduling the appraisal and being available to let them in on the scheduled date.

And remember that the appraiser doesn’t want to buy your house. He or she will say what the house is worth clean and tidy and in reasonable repair, even if you have some dirty laundry on the laundry room floor or dirty dishes in the sink. Cleaning doesn’t get you a higher appraisal! Letting the appraiser in as soon as possible gets you a loan faster, though.

Opt In Image
Stay Informed, It's Your Money
Marimark Mortgage Newsletter

The Marimark Mortgage Newsletter will keep you informed with important events in the mortgage industry that could impact your finances.

We especially focus on ways to save money on your current and future mortgages. And, we continually share the information we share with our clients, because we believe informed consumers are the best consumers.

Real estate agents, and other professionals in the industry, will receive an ongoing wealth of information that will help them serve their clients.

Thank you for signing up!

Save with a Mortgage from Marimark

Whether you are buying a home or refinancing, you can save with a mortgage from Marimark Mortgage!

    Search

    Post Categories

    Testimonials

    Refinancing with Mary an absolute pleasure

     
    Refinancing with Mary has been an absolute pleasure. I have never been through the process before and she took the time to explain each step. She was prompt (had a rate locked in right away) and most importantly always answered the phone or emails almost immediately! The communication line alone made the refinancing process every bit worth it. Would recommend to anyone, and will be back for any future purchases! Bret Brennan, March 2021
    See More Reviews
    Marimark Mortgage LLC
    5327 Primrose Lake Circle
    Tampa, FL 33647-1328
    (813) 910-8020
    (866) 910-8020

    Accessibility
    Privacy Policy
    Terms of Service
    Sitemap

    Reviews

    Website Testimonials
    Google Reviews
    Zillow Reviews
    Trulia Reviews
    Facebook Reviews
    Yelp Reviews
    BBB A+ Rating

    FOLLOW US

    • ‎
    • ‎
    • ‎
    • ‎
    • ‎
    • ‎
    Marimark Mortgage is a BBB A+ Accredited Business

    Recent Posts

    • FHA Announced a 30-Basis Point Reduction to Annual Mortgage Insurance Premiums
    • How Can You Improve Your Credit Score?
    • Historical Mortgage Rates From The 1970s
    • What You Need to Know About Mortgage Forbearance
    • Top Tips to Save Money for a Down Payment

    © 2023 Marimark Mortgage, LLC All Rights Reserved. | Internet Marketing by Image Building Media. | RSS Feed

    Reviews / Recommendations: Google, Zillow, Trulia, LinkedIn, Facebook, Yelp, BBB

    Licensed in Florida by the Office of Financial Regulation, Mortgage Lender License #MLD77.
    Licensed in Virginia by the Virginia State Corporation Commission, License MC#4556.
    Licensed in Pennsylvania by the Department of Banking and Securities, License #40222.
    NMLS#248318 – www.nmlsconsumeraccess.org.