Loanguru Mortgage

We offer a wide range of loan options to cater to various homebuyers, including Jumbo, Conventional, FHA, VA, USDA, Non-Agency, and private lending options. Our expert team can help you find the right loan product to suit your unique needs and financial situation.

Begin by contacting our dedicated team of experts to discuss your home buying goals and financial situation. We'll guide you through the application process, help you gather the necessary documentation, and find the best mortgage solution for you.

The approval process varies depending on the loan type and individual circumstances. Generally, it can take anywhere from a few days to several weeks. At Loanguru Mortgage LLC, we strive to provide lightning-fast service, ensuring a swift and efficient mortgage approval process, typically in 2 to 4 weeks.

Credit score requirements vary depending on the loan program and lender. For example, FHA loans generally require a minimum credit score of 580, while conventional loans often require a minimum score of 620. Our team will help you find the best loan option based on your credit score and financial situation.

At Loanguru Mortgage LLC, we perform a soft credit pull for the pre-approval process. This allows us to assess your creditworthiness without impacting your credit score. Once you're ready to proceed with the actual loan approval process, we'll perform a hard credit pull, which may have a temporary impact on your credit score. This hard credit pull is necessary to finalize your mortgage application and secure the best loan terms based on your credit profile.

The down payment amount depends on the loan type and property value. Some loan programs, like VA and USDA loans, offer 100% financing, which means no down payment is required. Others, like conventional loans, may require a down payment of 3% to 20% or more. We can help you determine the right loan option and down payment amount for your specific needs.

Yes, it's possible to qualify for a mortgage even with a past bankruptcy or foreclosure. However, certain waiting periods and additional requirements may apply, depending on the loan type and lender. Our experienced team can guide you through the process and help you find a suitable mortgage solution.

Yes, we can help you refinance your existing mortgage to take advantage of lower interest rates, change your loan term, or access your home's equity. Contact our team to discuss your refinancing options and determine if it's the right move for you.

Our team carefully evaluates your financial situation, loan preferences, and current market conditions to identify the most suitable lender for your needs. We leverage our connections with national and privately held lenders to find the best loan product and interest rate tailored to your specific requirements.

"To get pre-approved for a mortgage, you'll typically need to provide the following documents: Proof of income: Recent pay stubs (usually covering the last 30 days), W-2 forms from the past two years, and tax returns from the last two years if you're self-employed or have other sources of income. Proof of assets: Bank statements, investment account statements, and other financial documents that demonstrate your ability to cover the down payment and closing costs. Credit history: The lender will check your credit report and credit score. However, you may also be asked to provide a written explanation for any negative items on your credit report.Employment verification: Your lender may contact your employer to verify your employment status, position, and income. If you've recently changed jobs, you may need to provide additional documentation, such as an offer letter or proof of your new salary. Identification: A government-issued photo ID, such as a driver's license or passport, is required to verify your identity."