In the Market for a New Home? Unlock the door to your dream home.
AgentFullName Title
[[CellPhoneNumber]]
Amber Lampe
[[SecondPhoneNumber]] AgentEmail
Branch Manager | NMLS# 408908
AgentWebsite
515-490-2222
Amber.Lampe@NAFinc.com ApplyWithAmber.com
Please Select a state or blank. Equal Housing Opportunity. This is not a loan commitment or guarantee of any kind. Terms and conditions apply. Subject to borrower and property qualifications. Not all applicants will qualify. Rates and terms are subject to change without notice. All mortgage loan products are subject to credit and property approval. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010. Consult your tax advisor about the deductibility of mortgage interest or making any decisions about taking out a home equity loan or related to the tax benefits of owning a home. For more information visit: https://www.benefits.va.gov/homeloans/index.asp. 100% LTV only available on conforming loan limits. Borrower is responsible for paying taxes, insurance, and other property expenses. Borrower must occupy home as their principal residence. A new loan will require a new credit check, appraisal, title search, initial mortgage insurance premium, closing costs and fees. Consult your tax advisor. 12/25
In the Market for a New Home?
Get a Smart Start
There is a lot to consider when buying a home. Knowing how much you can afford makes searching for the right home faster and easier.
Equal Housing Opportunity. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010.
page 2 of 12
In the Market for a New Home?
Nationwide Branches
In-House Processing, Underwriting, & Funding
Direct Lender / Seller / Servicer 24-48 Hour Turn Times & Up-front Credit Approval
Conventional
• Fixed or adjustable rates • Perfect for purchases or refinances
Jumbo
• Fixed or adjustable rates • For higher-value homes—purchase or refinance
FHA
• Fixed or adjustable rates • Low down payment to make buying easier
VA (for eligible veterans) • Fixed or adjustable rates
• No down payment or Private Mortgage Insurance
Pathway Suite & Down Payment Assistance
• Up to $6,000* towards down payment, closing costs, and prepaids • Combine programs to save more *Credit up to $6,000 maximum. Due to maximum seller concession rules applicable to purchase loan transactions, this credit could be less than $6,000 in some cases where other concessions have been made to the consumer. Not available on all down payment assistance programs. Geographic restrictions apply.
Down Payment Assistance (DPA)
• Grants and second liens available • Cover down payment, closing costs, and prepaids • Keep more of your savings
Reverse Mortgages (62+) • No monthly payments required • No credit score needed
Equal Housing Opportunity. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010.
page 3 of 12
In the Market for a New Home?
The Homebuying Process STEP 1:
Get pre-approved for a home loan
Imagine your dream home
Start home hunting with your Real Estate Agent
Negotiate any needed home repairs
Negotiate price & terms, and get your offer accepted!
Coordinate appraisal & home inspection
Make an offer on your dream home
Sign loan & closing documents
Equal Housing Opportunity. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010.
MOVE IN!
page 4 of 12
In the Market for a New Home?
Key Players in the Homebuying Process Loan Officer
Real Estate Agent
Insurance Agent
• Explains all loan options before you make any big decisions.
• Researches market trends to help you make the right offer.
• Provides proof of insurance to your lender.
• Collects any necessary documentation to help fund your loan.
• Keeps you informed on filling out paperwork and meeting deadlines.
Title & Escrow Officers
Home Inspector
Appraiser
• Helps evaluate what needs to be fixed or replaced.
• Estimates the market value of the home.
• Provides reports that help determine whether you should move forward or re-evaluate the terms of the sale.
• Measures your chosen home up against surrounding homes.
• Prequalifies you to determine how much you can borrow to buy a home.
• Ensures that there are no discrepancies related to the title of deed of the home. • Checks and finalizes documentation before funds for the sale are transferred.
• Listens to your needs and helps you find exactly what you’re looking for in a home.
• Inspects the home for damages or issues.
Equal Housing Opportunity. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010.
• Assesses your needs to help you find the best home owner’s insurance for your situation.
• Compares different criteria to determine the home’s value.
page 5 of 12
In the Market for a New Home?
Building your Credit Score Your credit score is a 3-digit number, between 300 and 850, that reflects your willingness to repay debt otherwise known as your creditworthiness.
Start small, and pay your charges in full at the end of the month. Pay your bills on time and keep charges well within your limit. Read your credit report regularly. Consider getting a secured credit card, after 6 months request a limit increase.
Equal Housing Opportunity. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010.
page 6 of 12
In the Market for a New Home?
Did You Receive Additional Funds Beyond Your Base Pay? Examples: Overtime Commission Bonuses Second Job Seasonal Work Retirement Social Security Large Investments
Equal Housing Opportunity. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010.
page 7 of 12
In the Market for a New Home?
Pre-Approval Documentation* Driver’s license and Social Security card Last 30 days paychecks and/or previous years W2s & tax returns
2 Monthly bank statements, quarterly brokerage statements (all Pages)
Previous years business tax returns (if self-employed) & Proof of additional income. Child support, alimony, disability, & retirement
*additional documentation may be required.
Equal Housing Opportunity. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010.
page 8 of 12
In the Market for a New Home?
Benefits to Home Buyers EQUITY
Opportunity to build equity over time.
PROFIT
If your home’s value increases, you could sell to make a profit.
TAX BENEFITS Tax write-offs available.
Equal Housing Opportunity. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010.
UPGRADES
Ability to make changes to your property.
INVESTMENT
Your home can be passed down to your children/family.
page 9 of 12
In the Market for a New Home?
Down Payment & Closing Costs Savings/Assets Must be Documented No Unsecured Assets May Be Borrowed Gift Funds Acceptable
Low Down Payment Options FHA
• Fixed and Adjustable • Low Down Payment • Fixed-rate
Conventional
• Fixed and Adjustable • Purchase or Refinance
VA (No Down Payment)
• Fixed and Adjustable
• No Down Payment or monthly mortgage insurance
Equal Housing Opportunity. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010.
page 10 of 12
In the Market for a New Home?
Ready to take the next step?
Collect all documents. Discuss your goals & qualifications with one of our licensed Loan Officers. Have an Underwriter review documentation. New American Funding will issue a Pre-Approval Letter. Use your Pre-Approval letter to let sellers know your loan can be closed.
Equal Housing Opportunity. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010.
page 11 of 12
LET’S CONNECT! AgentFullName Title
[[CellPhoneNumber]] [[SecondPhoneNumber]] AgentEmail Branch Manager | NMLS# 408908 AgentWebsite
Amber Lampe 515-490-2222
Amber.Lampe@NAFinc.com ApplyWithAmber.com
Please Select a state or blank. Equal Housing Opportunity. This is not a loan commitment or guarantee of any kind. Terms and conditions apply. Subject to borrower and property qualifications. Not all applicants will qualify. Rates and terms are subject to change without notice. All mortgage loan products are subject to credit and property approval. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010. Consult your tax advisor about the deductibility of mortgage interest or making any decisions about taking out a home equity loan or related to the tax benefits of owning a home. For more information visit: https://www.benefits.va.gov/homeloans/index.asp. 100% LTV only available on conforming loan limits. Borrower is responsible for paying taxes, insurance, and other property expenses. Borrower must occupy home as their principal residence. A new loan will require a new credit check, appraisal, title search, initial mortgage insurance premium, closing costs and fees. Consult your tax advisor. 12/25