No doubt, a lot to do in order to get a mortgage. You would not be researching mortgage loans if it were possible to get a mortgage loan in a single day with a simple application. But Guaranty Federal Mortgage does the heavy lifting so you can concentrate on your life rather than the mortgage loan.

Getting a loan involves four major milestones.

Step one: Decide on your maximum loan amount

A couple of factors determine this amount. What kind of monthly payment are you looking for? What is the maximum you can borrow from a lender, given your income and credit history? Use the calculators on our website to determine your monthly payment amount. We'll also help you through different scenarios by asking a few simple questions. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from.

Step four: funding

The agents will find a title company to handle the "funding" of the loan and closing. We'll work with this company to make sure all the papers your lender will require are available, and you will probably}likely sign all these papers at this company's officeWe do all the work to coordinate with this company on your closing date. Since you will not need to worry with this coordination, you get to think about the move, paint colors, carpet, and all the details of moving into your new house.

You've answered a few questions, given us lots of information, applied , and before you know it, you're moving in! We do the mortgage legwork so you can spend your time finding the new home that's right for you.