| How do you keep your fees so low? |
| I'm competitive because I hold preferred broker status with many lenders across the nation. |
| Are there hidden fees I have to worry about? |
| No, everything is disclosed up front on the Good Faith Estimate so there are no surprises. |
| How do I know I’m getting the best loan for my particular circumstances? |
| I choose from many lenders including sub-prime. I'm trained in knowing the products across the industry to best fit each scenario. |
| What does a prepayment penalty mean? |
| Some loans will require a prepayment penalty. If required, most prepayment penalties are “soft” meaning you can still sell your home, but cannot refinance during that time period. |
| How long does it take to get financing? |
| Generally, I can complete a loan in less than 30 days. I will help you with what is needed from you up front, therefore making the process smoother for you. The more complete the package, the faster your loan can be finalized. |
| Signing the final documents is sometimes confusing; how do you help? |
| I attend all signings at escrow. They know how important it is to understand everything that is being signed. I will also double check all fees/charges before you sign to make sure they are correct. This is another reason to work personally with a loan consultant. |
| Can I write off any of my closing costs on my taxes? |
| If you purchase a home and pay the points out-of-pocket, they are tax deductible. If you refinance and take out equity for home improvements, any points you pay out-of-pocket can be amortized over the life of the loan. Seek the advise of an accountant for more detailed information. |
| What if I’ve had a bankruptcy or have poor credit? |
| I'm an approved broker with sub-prime lenders that can complete the loan even if you just declared bankruptcy. I can help you clean up your credit as well as find the most competitive loan to fit your FICO score. |
| Can I get a Home Equity Line of Credit? |
| Yes, I can help with Home Equity Lines of Credit. |
HOME PURCHASES REFINANCES HELOCS COMMERCIAL CONSTRUCTION FORMS FAQs APPLY NOW CONTACT
Karen Pestana, 1483 Hwy 395 So., Ste. B Gardnerville, NV 89410 775-230-2600
