Road To home WIth Jebb Lyons and J. Hemmelgarn

Jebb Lyons

Loan Officer | NMLS #382685

Mobile: 513.290.4588 Direct: 513.769.2080 jlyons@rapidmortgage.com

Jennifer Hemmelgarn REALTOR®

Direct:513.218.4114 jhemmelgarn@sibcycline.com

7466 Beechmont Ave Unit 420, Cincinnati, OH 45255

RAPID MORTGAGE WILL WALK YOU THROUGH THE PROCESS. Speak to

Your

Rapid

Mortgage Company

LOCAL MORTGAGE

LENDER SINCE 2002

NO

Pre-Approval

Get Advice On How To Become Approved

YES

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Don’t have an Agent?

Search For Homes

We have a great network to refer you to.

Remember the seller pays for them!

Find Home

and negotiate contract with seller

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We will work with your Agent to structure your contract and recommend a title company!

Sign Contract and send to Loan Officer

COMPLETE

LOAN APPLICATION

Loan is Sent to Processing

FOLLOW THE MAP ALL THE WAY HOME!

CRUNCH TIME! You’re almost home...

Remember to work with our team to get all requested underwriter items.. ASAP!

Final Loan Underwriting

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Homebuyer Provides Conditions in a Timely Manner

Price Too High?

Repairs Must Be Complete - Appraisers Reinspect

Selling Price Renegotiated with Seller

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Don’t forget to utilize the discounts our clients receive from locally owned home services companies!

Repairs? rice irs/P Repa fied Satis

Property Does Not Meet Requirements

Appraisal and Home Inspection

Underwriter Asks For Conditions

ime It ’s Moving T !

Property Meets Requirements

Welcome Home!

Documents Needed for Loan Applications All Borrowers 1. Copies of W-2s for the last two years; 2. Copies of paycheck stubs for the last 30 days (most current); 3. Copies of checking and saving account statements for last two months (all pages); 4. Employment history for the last two years (address any gaps of employment); 5. Residency history over the last two years; 6. Copy of drivers license for applicant and co-applicant; 7. If applicable, copy of social security awards letter and or 1099.

Self-Employed Borrowers 1. Copies of most recent 2 years tax returns (with all schedules including K-1s, if applicable); 2. Copy of current profit & loss statement and balance sheet; 3. Copy of corporate/partnership tax returns for most recent two year period if owning 25% or more of company - copies of W-2s and/or 1099 forms.

When In Doubt, Don’t Do It! DON’T make non-payroll bank deposits.

DON’T open new credit.

understand why and how every dollar in your

in not only a change in the terms of your

You and the underwriter must be able to account is yours. This means every deposit must have an explanation and PROOF of where the money came from. “From under my mattress” is not an acceptable explanation, and without proof otherwise, this is what it

Never apply for new credit during the loan process. Opening new credit could result approval, but possibly void it all together.

Credit cards, furniture, a new car...all of it can wait until your home loan closes. Avoid all major purchases until AFTER YOUR LOAN IS CLOSED!

will be considered.

DON’T transfer funds from one bank account to another.

Transfers also tend to blur the lines a bit, so try to avoid them!

DON’T change or quit your job.

Your employment must be verified verbally and with documentation. If this happens, alert our team immediately so we can assess the situation. Remember, you have to have income to close on your home loan, and the process is not complete until the loan is officially close.

DON’T forget to pay bills.

Sometimes life can get in the way of your normally

responsible

routine.

This

is

especially true if you are in the process of moving into a new home. Late payments can be a deal killer, so don’t let one slip through the cracks.

Your

Mortgage

FAQs Answered

BY JEBB LYONS You have questions.

We have answers!

Want to know what closing costs are, how much you need to put down, or how much you can afford?

Watch these short videos to learn the answers.

Click below to get pre-approved today!

CLICK HERE TO APPLY NOW Click button twice on mobile devices.

What are Closing Costs?

How much can you afford?

How much do you need put down?

What Others Say About

Jebb Lyons & Rapid Mortgage

We Look Forward

TO WORKING

With You!

“Jebb worked with us for over two years as we searched for a new home. No matter what day or time we reached out he was always responsive and helpful. We had no doubt that when we found our home that we would be contacting Jebb for help with the financials and explanations on what he thought was the best path forward.”

Brent W | Loveland, OH “Jebb help me achieve my goal of owning my home that I thought was unobtainable! I truly appreciate his work he put in to make this happen.”

Dwayne B | Cincinnati, OH

Jebb Lyons

Loan Officer | NMLS #382685

Mobile: 513.290.4588 Direct: 513.769.2080 jlyons@rapidmortgage.com

Click below to get pre-approved today!

CLICK HERE TO APPLY NOW Click button twice on mobile devices.

“Jebb constantly went out of his way to help us, and was very communicative throughout the entire process. We’ve worked with other loan officers in the past, and Jebb was our favorite by a large margin.”

Christopher M | Cincinnati, OH “I loved how Jebb was always right there supporting everything he told us about the process. He has such a caring spirit and his attention to details are amazing. He is number one in my opinion. Thanks Jebb and your team.”

Cynthia S | Cincinnati, OH “Very smooth, easy process with Jebb and Amanda.

Closed on time which was great. Jebb takes the extra

Jennifer Hemmelgarn REALTOR®

Direct: 513.218.4114 jhemmelgarn@sibcycline.com

steps to make sure everyone is on the same page and satisfied throughout the entire process. Definitely recommend!”

David H | Uniontown, OH

7466 Beechmont Ave Unit 420, Cincinnati, OH 45255

COMPANY NMLS # 126841 | BRANCH NMLS #1123878 Rapid Mortgage Company, Cincinnati Branch is located at 7466 Beechmont Avenue, Suite 420, Cincinnati OH 45255, Branch NMLS #1123878; and is licensed under the principal licensed office of Rapid Mortgage Company NMLS# 126841, located at 7466 Beechmont Avenue, Suite 420, Cincinnati OH 45255; Phone: (866) 217-9250. Rapid Mortgage Company is an Equal Housing Lender. Advertisement intended for information purposes only.

This is not a commitment to lend. nmlsconsumeraccess.org.