The Loan Process

Steps to getting a new home loan or refinance

There’s definitely a lot involved with getting a mortgage loan.  Fortunately, we are here to do most of the heavy lifting for you, so you can concentrate of what’s important, preparing to move into your new home, saving money, or making plans for your home equity check.

I just want to shop for a new house!

You should see your mortgage professional before you begin viewing homes.  This allows us to get you pre-qualified for up to a certain amount.  With this tool in hand, you can confidently begin searching for your new home.During the pre-qualification process, we discuss the factors that determine how much you qualify to borrow and how much of a monthly mortgage payment you can afford.  Some of these factors include your income vs. your debt, your employment and current residence, your available funds for a down payment and required reserves.  It’s quick and easy, with minimal paperwork.Once you qualify, we give you what’s called a Pre-Qualification Letter (your real estate agent might call it a “pre-qual”), which says that we are working with you to find the best loan to meet your needs and that we’re confident you’ll qualify for a loan for up to a certain amount.

When you find a home that catches your eye, and you decide to make an offer, being pre-qualified for a mortgage will help in a couple of ways. First, it tells you the maximum amount you are able to offer. Your real estate agent will help you decide on an appropriate offer, but being pre-qualified gives you the confidence to know you can follow through.  More importantly, when a seller sees a potential buyer who is pre-qualified, they have a sense of assurance that the individual is a strong buyer.  It is like walking into their home with a briefcase full of case, ready to make a deal!  They won’t feel as though you are wasting their time because you may not even qualify for the amount you’re offering. You have the clout of a buyer ready to make the deal right now!

You can always use the calculators available on our site to get an idea of how much of a monthly mortgage payment is affordable for you; however, it’s also important to meet with us. Aside from getting you pre-qualified, we will be able to go over different mortgage programs to find the one that best fits your needs

There are four main steps involved in getting a loan:

Step 1: Determine how much you can borrow
How much of a monthly payment can you afford? Given your unique credit and employment history, income and debt, and goals, how much will a lender loan you? Our calculators will give you a basic idea of how much you can afford monthly.  We’ll also help you through different scenarios by asking a few simple questions. Based on standard lender guidelines, we will get you a clear understanding of what kind of terms and loan program you can expect to benefit most from.
Step 2: Pre-qualify for your loan
This is where the rubber meets the road and you save the most money. You supply information about your employment, your assets, your residence history, and so on. We get your permission to run your credit score. When we factor in all this information, we give you a Pre-Qualification Letter. Handle it with care!  To a seller, it’s like a suitcase full of cash! Your real estate agent will use your Pre-Qual (as they may call it) to make the best offer on the home you choose, and the seller knows you’re pre-qualified. It gives you buying clout! And while you’re picking out the home that’s right for you, we’re busy finding the loan that’s right for you.
Step 3: Apply now! We make it easy
Once you’ve made an offer and it’s been accepted, it’s time to complete the loan application. It couldn’t be easier, and you can do it online, right here on our website. When the time is right, we’ll order an appraisal of your new home.
Step 4: Your loan is funded
Your real estate  agent and the seller(s) will work together to designate an escrow/title company to handle the funding of your loan once it’s approved. We’ll coordinate with the escrow company to make sure all the papers your lender requires are in order, and you’ll sign everything at the escrow/title company’s office.

Let us help you navigate the process

About Us

How did we get here?

Who we are

Lending Done Right was established over a decade ago as a full service mortgage broker.  Since then, we have provided superior service to clients all over California.  Lending Done Right offers a wide variety of products and services and works diligently to ensure that each client gets the loan that matches their needs.  We work with a large network of lenders which gives us the opportunity to offer highly competitive rates to our clients.   We have a group of hand-picked loan consultants that provide incomparable service and are available to assist clients with any questions.

Lending Done Right currently works with top agents from Keller Williams, Pinnacle Estate Properties, Century 21, Re/Max and many more.  We even have our own Real Estate Company in Los Angeles, Atomic Ranch Realty.  Our underlying objective is to secure the best loan possible and provide superb service to each and every client, and that’s a promise that our clients can depend on.

Our skill

In-House Escrow
Low Down Payment
Flexible Terms
Quick turn times

our team member

team 1

Rebecca Scrivner - CEO

A take-no-holds leader that will show the way with her knowledge, leadership and background. Always ready for a challenge, never say die!
team 1

Jon Bourgault - Broker of Record

Previous licenses include Appraiser, Home Inspector, Notary as well as current licensed Mortgage & Real Estate Broker. NMSL#848027 BRE# 01804942
team 1

Arthur Redenski - President

Fearless leader. Sets by example. A degree in Business allows him to constantly help the company grow.
team 1

Jonnathan Orgen - Escrow Officer

Skilled, friendly and hard working Officer make the tasks go quickly with no muss, no fuss.

 

Some Helpful Information

What price is right for you?

Affordability Calculator

Monthly Gross Income $
Monthly Debt Expenses [?] $
Down Payment: $
Interest Rate: %

Closing Cost Estimator

Loan Information
Loan Amount $
View/Edit Closing Cost Details

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Loan Application

Steps to get your loan. We can help every step of the way.

Strike up a chat below or if you prefer, please call one of our experienced mortgage consultants at  either: (951) 638-3778  or (818) 510-3778 to get pre-qualified TODAY

Documentation required for all borrowers, including:

  • Social Security Number/Card
  • Drivers License
  • Contact  Information
  • Employment Info (phone and address)
  • Income information
  • List of assets (checking, savings, IRA, 401K, etc)
  • List of known liabilities (mortgage statments, car notes, etc)

After you have finished we will:

Guide you through the loan process
Complete your loan application package
Help you select the best program and interest rate

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Contact us

Please chat with us live to ask a question or send us a note after hours!

contact info

  • Address: 25346 Lacebark Street, Murrieta, CA 92563
  • Telephone: 951-638-3778 Cell: 818-510-3778
  • Fax: 818-304-7141
  • Email: info@LendingDoneRight.com
  • bre# 01906383 nmls# 848027 

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