Your Path Starts Here
At StonePath Mortgage Team Fueled by Supreme Lending, we believe every homebuyer’s journey begins with a single step—and we’re here to guide you along every part of the path.
Whether you’re purchasing your first home, refinancing your current one, investing in a property, or building a custom home, we offer a wide range of mortgage programs designed to fit your goals. Our team is dedicated to providing personalized service, local expertise, and lending solutions that help you build your future on a solid foundation.
Meet Julie Lapham
Julie is a seasoned Mortgage Loan Officer with 24 years of experience helping clients secure financing for home purchases and refinances. Specializing in FHA, VA, USDA, Conventional residential lending, as well as construction lending, she provides tailored mortgage solutions. With a strong track-record assisting her borrowers with all of their needs, she is known for making the loan process smooth, clear, and stress-free. She has ranked in the top 1% of loan originators in the country for many years. Outside of work, she enjoys hiking and time with her family.
Meet The Team
Reviews
I had the pleasure of working with Julie Lapham at Churchill Mortgage during the purchase of my home, and I could not have asked for a more professional or seamless experience. From the initial consultation through closing, Julie demonstrated the highest level of expertise, integrity, and dedication to client service.
Her communication was timely, clear, and proactive—ensuring that I was fully informed and comfortable throughout every stage of the loan process. Julie’s attention to detail and her ability to anticipate and address potential issues made the entire experience efficient and stress-free.
It is evident that Julie takes great pride in her work and genuinely cares about her clients’ success. Her professionalism and commitment to excellence reflect incredibly well on Churchill Mortgage. I wholeheartedly recommend Julie Lapham to anyone seeking a knowledgeable, trustworthy, and client-focused loan officer.
Professional with an excellent sense of humor
Let us get you on the
right path with a Mortgage
Pre-Approval
Loan Program Guide
Let’s see which loan works for your
Dream Home
Conventional Loans
Overview
Conventional loans are a cornerstone of home financing. They offer flexibility, competitive interest rates, and options for both first-time and experienced homebuyers. Our team can help you find the right fit so your path to homeownership stays clear and steady
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Key Features
– Down payments as low as 3% for first-time buyers
– Competitive fixed and adjustable rates
– No upfront government insurance fees
– Option to remove PMI once you reach 20% equity
Eligibility & Guidelines
– Credit score typically 620 or higher
– Debt-to-income ratio up to 45%
– Available for primary residences, second homes, or investment properties
Ideal For
– Borrowers with good credit and stable income
– Homebuyers looking for flexibility and low long-term costs
– Homeowners refinancing for better terms
FHA Loans
Overview
FHA loans make it easier for more borrowers to achieve homeownership. Backed by the Federal Housing Administration, these loans feature low down payments and flexible credit requirements.
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Key Features
– Down payments as low as 3.5%
– Credit scores as low as 580 may qualify
– Competitive fixed rates
– Assumable loans for easier resale
Eligibility & Guidelines
– Must occupy the home as a primary residence
– FHA-approved appraisal and property standards required
– Upfront and monthly mortgage insurance apply
Ideal For
– First-time homebuyers
– Borrowers with limited credit history or smaller savings
– Families looking for affordable entry into homeownership
USDA Loans
Overview
USDA loans offer zero-down financing for homes in eligible rural and suburban areas, helping families enjoy affordable homeownership outside major city limits.*
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Key Features
– 100% financing (no down payment)
– Competitive fixed interest rates
– Low mortgage insurance costs
– Flexible credit requirements
Eligibility & Guidelines
– Property must be in a USDA-eligible area
– Income limits apply based on household size
– Primary residence only
Ideal For
– Buyers seeking affordable homeownership in rural or suburban areas
– First-time buyers who meet income and location criteria
*Property must qualify for USDA program.
Read More
Key Features
– Down payments as low as 3% for first-time buyers
– Competitive fixed and adjustable rates
– No upfront government insurance fees
– Option to remove PMI once you reach 20% equity
Eligibility & Guidelines
– Credit score typically 620 or higher
– Debt-to-income ratio up to 45%
– Available for primary residences, second homes, or investment properties
Ideal For
– Borrowers with good credit and stable income
– Homebuyers looking for flexibility and low long-term costs
– Homeowners refinancing for better terms
Read More
Key Features
– Down payments as low as 3.5%
– Credit scores as low as 580 may qualify
– Competitive fixed rates
– Assumable loans for easier resale
Eligibility & Guidelines
– Must occupy the home as a primary residence
– FHA-approved appraisal and property standards required
– Upfront and monthly mortgage insurance apply
Ideal For
– First-time homebuyers
– Borrowers with limited credit history or smaller savings
– Families looking for affordable entry into homeownership
Read More
Key Features
– 100% financing (no down payment)
– Competitive fixed interest rates
– Low mortgage insurance costs
– Flexible credit requirements
Eligibility & Guidelines
– Property must be in a USDA-eligible area
– Income limits apply based on household size
– Primary residence only
Ideal For
– Buyers seeking affordable homeownership in rural or suburban areas
– First-time buyers who meet income and location criteria
*Property must qualify for USDA program.
Jumbo Loans
Overview
When your dream home requires financing beyond conforming loan limits, Jumbo Loans provide the solution. StonePath Mortgage Team Fueled by Supreme Lending offers tailored jumbo financing to help you move forward with confidence.
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Key Features
– Loan amounts exceeding conforming limits
– Competitive interest rates
– Flexible terms and structures
– Options for primary residences, vacation homes, and investment properties
Eligibility & Guidelines
– Strong credit and income required
– Larger down payment often needed (typically 10–20%)
– Appraisal and reserve requirements apply
Ideal For
– Buyers purchasing high-value homes
– Borrowers with complex financial portfolios
VA Loans
Overview
VA loans* are designed for veterans, active-duty service members, and eligible surviving spouses. With zero down payment and no monthly mortgage insurance, they’re one of the best paths to homeownership for those who’ve served our country.
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Key Features
– 0% down payment
– No private mortgage insurance (PMI)
– Competitive interest rates
– Flexible credit and debt guidelines
Eligibility & Guidelines
– Must have a valid Certificate of Eligibility (COE)
– Must occupy the home as a primary residence
Ideal For
– Veterans and active-duty service members
– Eligible surviving spouses
– Buyers seeking affordable, no-down-payment options
*Must be Veterans, Active Duty Personnel, Reservist, National Guard and some surviving spouses. VA funding fee will apply. VA funding fee can vary based on usage
DSCR Loans
Overview
Debt Service Coverage Ratio (DSCR) loans are designed for real estate investors who prefer to qualify based on rental income instead of personal income. It’s a flexible path for growing your investment portfolio.
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Key Features
– Qualification based on property cash flow
– No tax returns or personal income documentation required
– Suitable for short-term or long-term rentals
– 30-year fixed or adjustable terms available
Eligibility & Guidelines
– Minimum DSCR typically 1.0 or higher
– Down payments around 20–25%
– Minimum credit score around 660
Ideal For
– Investors seeking simpler qualification
– Buyers expanding rental portfolios
Read More
Key Features
– Loan amounts exceeding conforming limits
– Competitive interest rates
– Flexible terms and structures
– Options for primary residences, vacation homes, and investment properties
Eligibility & Guidelines
– Strong credit and income required
– Larger down payment often needed (typically 10–20%)
– Appraisal and reserve requirements apply
Ideal For
– Buyers purchasing high-value homes
– Borrowers with complex financial portfolios
Read More
Key Features
– 0% down payment
– No private mortgage insurance (PMI)
– Competitive interest rates
– Flexible credit and debt guidelines
Eligibility & Guidelines
– Must have a valid Certificate of Eligibility (COE)
– Must occupy the home as a primary residence
Ideal For
– Veterans and active-duty service members
– Eligible surviving spouses
– Buyers seeking affordable, no-down-payment options
*Must be Veterans, Active Duty Personnel, Reservist, National Guard and some surviving spouses. VA funding fee will apply. VA funding fee can vary based on usage
Read More
Key Features
– Qualification based on property cash flow
– No tax returns or personal income documentation required
– Suitable for short-term or long-term rentals
– 30-year fixed or adjustable terms available
Eligibility & Guidelines
– Minimum DSCR typically 1.0 or higher
– Down payments around 20–25%
– Minimum credit score around 660
Ideal For
– Investors seeking simpler qualification
– Buyers expanding rental portfolios
Bank
Statement Loans
Overview
For self-employed borrowers whose tax returns don’t reflect their full income, Bank Statement Loans provide a smarter way to qualify. We help entrepreneurs find a path that reflects their true strength.
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Key Features
– Income verified using 12–24 months of bank statements
– Personal or business accounts accepted
– Higher loan limits available
– Flexible credit and down payment options
Eligibility & Guidelines
– Typically requires 12–24 months of statements
– Minimum credit score 620–660
– Down payment 10–20% depending on profile
Ideal For
– Self-employed professionals
– Small business owners and freelancers
– Borrowers with strong cash flow but high deductions
Hobby Farm &
Rural Property Loans
Overview
For those dreaming of land, livestock, or open space, StonePath Mortgage Team Fueled by Supreme Lending offers flexible loans for small-scale farms and rural properties. We help you build your lifestyle on solid ground.
Read More
Key Features
– Financing for homes with acreage, barns, or outbuildings
– Suitable for residential properties with limited agricultural use
– Conventional, jumbo, and portfolio loan options
– Tailored terms for hobby and rural living
Eligibility & Guidelines
– Property primarily for residential use
– Acreage limits vary by loan type
– Appraisal must include home and outbuildings
Ideal For
– Buyers seeking space for animals, gardens, or recreation
– Families looking to enjoy country living
Renovation Loans
(FHA 203(k) & HomeStyle)
Overview
Turn a fixer-upper into your dream home with renovation financing that combines your purchase and improvement costs into one simple loan.
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Key Features
– One loan, one closing
– Low down payment options
– Finance cosmetic or structural renovations
– Available for FHA (203k) or Conventional (HomeStyle) borrowers
Eligibility & Guidelines
– Minimum credit score typically 620+
– Licensed contractors required for all work
– Home must be primary residence for FHA; flexible for Conventional
Ideal For
– Buyers purchasing homes needing updates
– Current homeowners refinancing to renovate
Read More
Key Features
– Income verified using 12–24 months of bank statements
– Personal or business accounts accepted
– Higher loan limits available
– Flexible credit and down payment options
Eligibility & Guidelines
– Typically requires 12–24 months of statements
– Minimum credit score 620–660
– Down payment 10–20% depending on profile
Ideal For
– Self-employed professionals
– Small business owners and freelancers
– Borrowers with strong cash flow but high deductions
Read More
Key Features
– Financing for homes with acreage, barns, or outbuildings
– Suitable for residential properties with limited agricultural use
– Conventional, jumbo, and portfolio loan options
– Tailored terms for hobby and rural living
Eligibility & Guidelines
– Property primarily for residential use
– Acreage limits vary by loan type
– Appraisal must include home and outbuildings
Ideal For
– Buyers seeking space for animals, gardens, or recreation
– Families looking to enjoy country living
Read More
Key Features
– One loan, one closing
– Low down payment options
– Finance cosmetic or structural renovations
– Available for FHA (203k) or Conventional (HomeStyle) borrowers
Eligibility & Guidelines
– Minimum credit score typically 620+
– Licensed contractors required for all work
– Home must be primary residence for FHA; flexible for Conventional
Ideal For
– Buyers purchasing homes needing updates
– Current homeowners refinancing to renovate
Reverse Mortgages
Overview
A Reverse Mortgage*, or Home Equity Conversion Mortgage (HECM), lets homeowners 62 and older convert home equity into cash without selling or making monthly payments.
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Key Features
– No monthly mortgage payments required
– Multiple payout options (lump sum, line of credit, monthly)
– Retain ownership and stay in your home
– Federally insured for protection and flexibility
Eligibility & Guidelines
– Borrower must be 62 or older
– Home must be a primary residence
– Sufficient equity required
Ideal For
– Homeowners seeking to supplement retirement income
– Seniors wishing to age in place
Refinance Options
Overview
Refinancing* your mortgage can open new paths to freedom—whether you want a lower rate, shorter term, or to tap into your home’s equity.
Read More
Key Features
– Rate-and-term or cash-out options
– Potential to lower monthly payments
– Eliminate PMI when eligible
– Consolidate debt or fund major expenses
Eligibility & Guidelines
– Credit and equity requirements vary by loan type
– Available for Conventional, FHA, VA, and USDA loans
Ideal For
– Homeowners looking to save on monthly payments
– Borrowers seeking to use equity for upgrades or investments
DPA Program Options
Overview
We believe that with the right programs and guidance, homeownership isn’t just a dream — it’s a realistic goal. Buying a home is one of life’s biggest milestones — but for many people, saving enough for the down payment can feel out of reach.
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That’s where Down Payment Assistance (DPA) programs come in.
At StonePath Mortgage, we believe that with the right programs and guidance, homeownership isn’t just a dream — it’s a realistic goal.
Why Down Payment Assistance Matters
Between rent, bills, and everyday expenses, it can be tough to save for a down payment. DPA helps bridge that gap, making homeownership possible sooner.
Here’s how DPA can help you:
-
Reduce or even eliminate the upfront money needed to buy.
-
Free up your savings for moving costs or an emergency fund.
-
Help you qualify for a home sooner, even without a large down payment.
-
Make buying a home achievable — not just a goal for “someday.”
The Supreme Dream DPA by Supreme Lending
The Supreme Dream DPA program helps qualified homebuyers by providing down payment assistance of 3.5% or 5%of the home’s purchase price.
It’s available in most states and offers two flexible options — one that’s forgivable and one that’s repayable — so you can choose the solution that best fits your goals.
Option 1: Forgivable Down Payment Assistance
This version provides 3.5% of the purchase price toward your down payment or closing costs.
-
0% interest rate and no monthly payment.
-
Forgiven completely after five years of on-time payments on your primary mortgage.
-
Ideal for buyers planning to stay in their home long-term.
Option 2: Repayable Down Payment Assistance
This version provides 5% of the purchase price as a second loan to help cover your down payment or closing costs.
-
10-year fixed-rate loan.
-
Interest rate is 2% higher than your first mortgage rate.
-
Paid back over time through simple, predictable monthly payments.
Both options pair with a 30-year fixed-rate FHA loan and are funded directly by Supreme Lending at closing, meaning you don’t have to wait or apply separately for your assistance.
Key Highlights
-
No income limits – available to a wide range of buyers.
-
No first-time homebuyer requirement – perfect for first-time or repeat buyers.
-
Available nationwide (except Arkansas and New York).
-
Forgivable option offers no monthly payments and total forgiveness after five years.
-
Repayable option provides higher assistance for those who prefer to invest gradually over time.
-
Funds are provided at closing, making the process smooth and seamless.
-
No homebuyer education requirement – though guidance is always available through StonePath.
What This Means for You
The Supreme Dream DPA can help you buy a home with little to no money down — without strict income caps or complicated qualification steps.
Whether you choose the forgivable or repayable option, you’ll receive real financial support designed to help you achieve lasting homeownership.
At StonePath Mortgage, Julie Lapham and her team will walk you through every detail, helping you choose the best option for your budget and long-term goals.
Ready to Take the Next Step?
You might be closer to homeownership than you think.
Connect with Julie Lapham at StonePath Mortgage Team Fueled by Supreme Lending today to learn more about:
-
The Supreme Dream DPA (3.5% Forgivable or 5% Repayable)
-
Local and state assistance programs in your area
-
How to buy your home with less money out of pocket
Read More
Key Features
– No monthly mortgage payments required
– Multiple payout options (lump sum, line of credit, monthly)
– Retain ownership and stay in your home
– Federally insured for protection and flexibility
Eligibility & Guidelines
– Borrower must be 62 or older
– Home must be a primary residence
– Sufficient equity required
Ideal For
– Homeowners seeking to supplement retirement income
– Seniors wishing to age in place
*A reverse mortgage increases the principal mortgage loan amount and decreases home equity (it is a negative amortization loan). When the loan is due and payable, some or all of the equity in the property no longer belongs to borrowers, who may need to sell the home or otherwise repay the loan with interest from other proceeds. Lender charges an origination fee, closing costs and servicing fees (added to the balance of the loan). Monthly service fees are not assessed in Texas. The balance of the loan grows over time and Lender charges interest on the balance. This material has not been reviewed, approved or issued by HUD, FHA or any government agency. The company is not affiliated with or acting on behalf of or at the direction of HUD/FHA or any other government agency.
Read More
Key Features
– Rate-and-term or cash-out options
– Potential to lower monthly payments
– Eliminate PMI when eligible
– Consolidate debt or fund major expenses
Eligibility & Guidelines
– Credit and equity requirements vary by loan type
– Available for Conventional, FHA, VA, and USDA loans
Ideal For
– Homeowners looking to save on monthly payments
– Borrowers seeking to use equity for upgrades or investments
*By refinancing the consumer’s existing loan, the consumer’s total finance charges may be higher over the life of the loan.
Read More
That’s where Down Payment Assistance (DPA) programs come in.
At StonePath Mortgage, we believe that with the right programs and guidance, homeownership isn’t just a dream — it’s a realistic goal.
Why Down Payment Assistance Matters
Between rent, bills, and everyday expenses, it can be tough to save for a down payment. DPA helps bridge that gap, making homeownership possible sooner.
Here’s how DPA can help you:
-
Reduce or even eliminate the upfront money needed to buy.
-
Free up your savings for moving costs or an emergency fund.
-
Help you qualify for a home sooner, even without a large down payment.
-
Make buying a home achievable — not just a goal for “someday.”
The Supreme Dream DPA by Supreme Lending
The Supreme Dream DPA program helps qualified homebuyers by providing down payment assistance of 3.5% or 5%of the home’s purchase price.
It’s available in most states and offers two flexible options — one that’s forgivable and one that’s repayable — so you can choose the solution that best fits your goals.
Option 1: Forgivable Down Payment Assistance
This version provides 3.5% of the purchase price toward your down payment or closing costs.
-
0% interest rate and no monthly payment.
-
Forgiven completely after five years of on-time payments on your primary mortgage.
-
Ideal for buyers planning to stay in their home long-term.
Option 2: Repayable Down Payment Assistance
This version provides 5% of the purchase price as a second loan to help cover your down payment or closing costs.
-
10-year fixed-rate loan.
-
Interest rate is 2% higher than your first mortgage rate.
-
Paid back over time through simple, predictable monthly payments.
Both options pair with a 30-year fixed-rate FHA loan and are funded directly by Supreme Lending at closing, meaning you don’t have to wait or apply separately for your assistance.
Key Highlights
-
No income limits – available to a wide range of buyers.
-
No first-time homebuyer requirement – perfect for first-time or repeat buyers.
-
Available nationwide (except Arkansas and New York).
-
Forgivable option offers no monthly payments and total forgiveness after five years.
-
Repayable option provides higher assistance for those who prefer to invest gradually over time.
-
Funds are provided at closing, making the process smooth and seamless.
-
No homebuyer education requirement – though guidance is always available through StonePath.
What This Means for You
The Supreme Dream DPA can help you buy a home with little to no money down — without strict income caps or complicated qualification steps.
Whether you choose the forgivable or repayable option, you’ll receive real financial support designed to help you achieve lasting homeownership.
At StonePath Mortgage, Julie Lapham and her team will walk you through every detail, helping you choose the best option for your budget and long-term goals.
Ready to Take the Next Step?
You might be closer to homeownership than you think.
Connect with Julie Lapham at StonePath Mortgage Team Fueled by Supreme Lending today to learn more about:
-
The Supreme Dream DPA (3.5% Forgivable or 5% Repayable)
-
Local and state assistance programs in your area
-
How to buy your home with less money out of pocket
Construction Financing
Overview
Ready to build your dream home? StonePath Mortgage Team Fueled by Supreme Lending offers specialized construction financing options designed to simplify the homebuilding process from start to finish. Whether you’re looking for the convenience of a One-Time Close Construction Loan or the flexibility of a Two-Time Close Construction Loan, StonePath Mortgage Team Fueled by Supreme Lending will guide you through every stage with personalized support and local insight.
Read More
Key Features
· One-Time Close Option – Combines your construction and permanent mortgage into one convenient loan with a single closing.
· Two-Time Close Option – Provides separate loans for construction and permanent financing, giving you more control over final terms and rates.
· Interest-Only Payments During Construction – Pay only for the funds drawn during your build.
· Flexible Program Options – Available for FHA, VA, Conventional, and Jumbo loans.
· Local Montana Expertise – Our team understands local markets, builders, and property types throughout Montana.
One-Time Close vs. Two-Time Close
|
Feature
|
One-Time Close
|
Two-Time Close
|
|---|---|---|
|
Closings
|
One combined closing for construction and permanent financing
|
Two separate closings for added flexibility
|
|
Interest Payments
|
Interest-only during construction
|
Interest-only during construction
|
|
Rate Lock
|
Lock your rate before construction begins
|
Choose a new rate when converting to the permanent loan
|
|
Simplicity
|
One approval, one set of closing costs
|
Flexibility to requalify and adjust loan terms
|
|
Ideal For
|
Borrowers seeking convenience and predictability
|
Borrowers wanting flexibility and control
|
Eligibility & Guidelines
· Available for primary residences, second homes, and select investment properties
· Must use a licensed and approved builder (self-builds may require additional review).
· Minimum down payment and credit score requirements vary by loan program.
· Property must meet appraisal and construction standards.
· Construction periods typically last up to 12 months.
Ideal For
· Borrowers planning to build a custom home.
· Homeowners looking for a simple or flexible financing structure.
· Buyers who want to lock in their rate early or customize loan terms after construction.
Why StonePath Mortgage Team Fueled by Supreme Lending
At StonePath Mortgage, we’re proud to serve communities with the personal touch of a local lender and the resources of a trusted mortgage partner. Our construction lending specialists provide clear communication, hands-on guidance, and dependable support from blueprint to move-in day—so you can focus on building the home you’ve always envisioned.
Next Steps
Contact StonePath Mortgage today to explore your construction loan options. Our team will help you compare One-Time and Two-Time Close programs, explain qualification details, and create a plan tailored to your build.
Get an estimate of what your payments will look like
Mortgage Payment Calculator
Ready to get started?
Mortgage Process
01
Conversation
The first step is crucial and sets the stage for your home buying experience. You and your loan officer will discuss your short and long-term financial goals so we can customize a loan strategy fit for you and your family.
02
Application
The goal of completing an application is to gather as much information possible so your loan officer can determine all the available loan programs available.
03
Pre-Qualification
At this stage, your loan officer will share how many homes you can afford, what your monthly payment will be, and how much money you will need.
04
Documents
This is where we need your help! By submitting your income and asset documentation upfront allows us to fly through the underwriting process.
05
Found a Home
Once you find a home and the seller accepts your offer we’ll order an appraisal and begin processing and underwrite your loan.
06
Final Approval
The underwriter reviews the appraisal, and your income/asset documents to verify you meet all the
conditions for final approval.
07
Closing day
Our in-house closing department works with the attorney to assemble the final paperwork. Everything we do leading up to this point ensures a smooth and exciting experience.
get answers to mortgage’s most asked questions
FAQs
Why should you get Pre-Qualified?
Getting pre-qualified for a mortgage is a great first step to kickstart your homebuying journey. Pre-qualification gives you a picture of how much you may afford based on your credit, income, and debt. It helps you determine your budget, understand estimated monthly payments, find the right loan program, strengthen your offer, and save time.
What is the difference between Conventional and FHA loans?
There are many differences between conventional and FHA loans. In this portion we will outline some of the major differences for you.
On FHA loans, the minimum down payment is 3.5%. On a conventional loan, the down payment may be as low as 3% depending on a consumers credit scores. Additionally, the money on a conventional loan must be “seasoned” (60 days in the bank) prior to purchasing the home or be proceeds from the sale of your existing home.
A FHA loan requires an upfront Mortgage Insurance payment (MIP); a Conventional loan does not. Both do require monthly Mortgage Insurance premiums based on the LTV.
The taxes will be the same on either type of loan. A common mistake is that people believe is their taxes will vary depending on the loan they choose. The title company that closes the loan submits the taxes directly to the lender. If you reside in an attorney state, your representation is the one who orders the tax certificate from the appraisal district. Taxes reported to the lender will be included in your monthly loan payment. There is no mark-up or service charge over and above the actual tax amount.
Homeowner’s insurance works the same as taxes. You pay the lender for your policy amount on a monthly basis. The lender will escrow this amount and send it to your insurance company at the end of the year when renewal is due.
Interest rate differences will vary depending on the lender you choose. Most importantly, ALWAYS ask for the lowest rate for the type of loan you are obtaining.
The principal and interest portion of the payment is calculated by configuring the loan amount (MIP rolled into the balance on FHA) and term into an amortization schedule to calculate the payment amount. Ask your Supreme Lending representative for additional information on conventional and FHA loans.
What are closing costs?
Closing costs are paid upfront for necessary expenses associated with purchasing a home. When
applying for a loan, you’ll receive a Loan Estimate outlining these settlement charges for added fees like loan origination, appraisal, credit report, title insurance, document preparation, prepaid interest, and other miscellaneous fees.
Which loan program is suitable for me?
There is no one-loan-fits-all. Supreme Lending offers a wide range of mortgage programs to choose from depending on what may be the most beneficial for your circumstances. Your Loan Officer may present different scenarios to see what aligns with your goals—whether a fixed-rate or adjustable-rate mortgage, or a Conventional loan or government-backed loan, such as FHA, VA, or USDA.
What goes into a monthly mortgage payment?
What documentation may be needed?
When you apply for a home loan, several documents are requested to confirm your ability to make monthly mortgage payments. Here are a few items you will likely will need to submit:
• Income history and employment verification from the past two years, such as tax returns, W-2s, and 1099s (if applicable)
• Asset statements for bank, retirement, and brokerage accounts
• Monthly debt payments, including any outstanding loans and credit cards
• Records of rent payments, divorce, bankruptcy, or foreclosure
Are you ready to get pre-qualified?
Know what you can afford before you start house hunting. Get prequalified today and take control of your homebuying journey.