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Your Mortgage Loan
The loan process can seem daunting and very confusing...We know there is a lot to know! We swim in the mortgage waters every day, so we are well positioned to help make things simple for you.
How to select a Lender.
When you work with us, we will help you identify your best loan options and get you to a lender you has the right loans and service to meet your needs! We know all too well that the professional who handles your mortgage loan plays a big roll in keeping your purchase on track.
We work with a wide array of lenders, and those established relationships result in a higher level of service and attention for our clients. From us as the Realtor, to the lenders, appraisers, underwriters and closers- it is a team approach to get things done with there pro's!Working with the same lenders, processors, etc..., means we know their processes and they know ours! That just makes your mortgage process go smoother.
A few of the mortgage lenders who consistently provide top notch service and rates are:
 Central Iowa Lending
Brian Byrnes, (515) 334-4982
E-Mail: BByrnes@Central IowaLending.com
Website: www.CentralIowaLending.com
To submit an application online, click here.
Central Iowa Lending is a locally owned mortgage broker with top notch service and excellent rates. Their affiliation with Burnett Realty allows us to guarantee their service will meet your expectations!
Some of the loan programs available at Central Iowa Lending:
- Zero Down USDA Rural Loans (Locate areas served by the USDA Loan Program Here).
- 3% Down FHA Loans
- Full range of Secondary Market Loans (Fannie & Freddie)
- 5% Down portfolio loans for special circumstances.
- 20% Down Investment Property Loans
- 80% / 15% / 5% Loans to avoid costly mortgage insurance.
 Bankers Trust
Deb Buenting, (515) 222-2010
E-Mail: DBuenting@BankersTrust.Com
Website: www.BankersTrust.com
To submit a secure application online, click here. (Select Bankers Trust- Des Moines and Attention: Deb Buenting.)
Bankers Trust is a full service bank, and has been locally owned by the Ruan family for many years. Their service is nothing less than top notch, and they have the resources to make your loan efficient and easy for you!
Some of the loan programs available at Bankers Trust:
- Zero Down CRA Loans for households earning 80% of median Income (PUT IN HERE).
- Wide range of 3% to 20% down portfolio programs.
- 3% Down FHA Loans
- Full array of secondary market loans (Fannie & Freddie.)
- 90% / 10% / 10% Down Piggy back loans to avoid costly mortgage insurance.
Wells Fargo
Tim Rietz, 222-2010
E-Mail: tim.rietz@wellsfargo.com
Website: Click Here for Online Application and Information.
Wells Fargo has a full line of mortgage options to suit most any need. Tim's background as a REALTOR with many successful years in the business gives him an edge that helps reduce costly and frustrating surprises!
If applying online is a concern to you, a Mortgage Pre-Approval (.PDF) can be printed out and faxed in to any lender.
Insurance
You have your loan... Now you need your insurance!
Insurance rates can vary significantly when you are purchasing a home. Experts recommend you obtain a quote from an Independent Insurance Agent who can shop several carriers for the best rates. One agent who has helped many of my clients is:
Davis Insurance Agency
515-274-3838
Click HERE to visit the Davis Insurance Agency website.
What information will my lender need to pre-approve my loan?
Your loan officer will need some detailed information from you to complete your application. Below is a list of the most commonly request information:
- W2s for the last 2 years
- If self-employed, most recent two years of complete tax returns, YTD profit and loss statement, and balance sheet
- Most recent paycheck stubs covering last 30 days
- Recent statement for all checking, saving and investment accounts (mutual funds, 401(k)s)
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