Loan Officer, Queens NY
Welcome to my website! I’m excited to assist you with your mortgage needs. At Jet Direct Mortgage, we aim to make the mortgage process simple and stress-free. Whether you’re purchasing your first home, refinancing your current property, or exploring the benefits of a reverse mortgage, we’re here to guide you every step of the way.
Navigating the real estate market in Queens, NY, can feel overwhelming, but with Jet Direct Mortgage, you’ll be in great hands! As a dedicated loan officer, I’ve had the privilege of helping hundreds of Queens residents secure the financing they need to achieve their homeownership dreams. My expertise and commitment to providing personalized service ensure that you’ll receive the best possible guidance every step of the way.
Jet Direct Mortgage offers a variety of loan programs, including FHA, VA, and HECM reverse mortgages. These programs are tailored to meet the needs of buyers, regardless of their credit history or income level. If you’re unsure where to start, our team is here to help you find the loan that’s the perfect fit for your unique situation.
For more information and personalized assistance, contact me at 631-848-7585 today. Let’s make your homeownership dreams a reality!
Purchasing a new home in Queens NY? Congratulations on your decision to buy a new home! There are many important things to consider throughout the process, especially if you’re a first-time homebuyer.
Remodeling your home? If you are planning on remodeling your home – be it a kitchen, bathroom or backyard – I can help find the right loan for you.
Applying for a loan? Our online application via the Jet Direct Mobile app is conveniently designed to allow you to stop any time and pick up where you left off. After you submit an application, you can check loan status at your convenience from your mobile device.
Discover Peter Pescatore – Leading Loan Officer in Queens, NY
Peter is the COO at Jet Direct Mortgage (Mortgage Banker) DBA Senior Reverse Network. – For over 26 years Peter has worked as both a licensed Mortgage originator and as a direct endorsement Underwriter / trainer certified though HUD – U.S. Department of Housing and Development.
Peter Pescatore began his career in the mortgage industry in 1999 after earning a degree in Business Administration from St. Joseph’s College. From the start, he found fulfillment in helping families achieve the dream of homeownership. With a strong foundation in operations, Peter transitioned to sales, where he excelled in team building and business strategy.
In 2011, Peter joined Jet Direct Mortgage, a Long Island-based direct lender, to drive growth and innovation. Under his leadership, the company has implemented initiatives in recruitment, marketing, and operational efficiency, resulting in significant growth and increased market share. Peter prioritizes fostering a positive corporate culture, believing that a supportive work environment brings out the best in employees and sets Jet Direct apart in the competitive mortgage industry.
Specializing in Conventional, FHA, VA, USDA, and Reverse Mortgages, Peter leverages his expertise as an underwriter to guide borrowers through the home buying process with ease. His commitment to excellent customer service ensures a smooth and pleasant experience for every client, no matter their stage of homeownership.
Linkedln – Instagram – Youtube – Facebook – Twitter
FAQs
What does a loan officer do?
Loan officers rely on a detailed process known as underwriting to assess whether loan applicants meet the qualifications for approval. This process begins with the collection and verification of essential financial documents, such as income statements, tax returns, credit reports, and bank statements. Once these documents are thoroughly reviewed for accuracy and completeness, loan officers analyze the information to evaluate the applicant’s financial stability, the necessity of the loan, and their ability to meet repayment obligations. Underwriting ensures that loans are granted responsibly, aligning with both the applicant’s financial capacity and the lender’s risk management standards.
What is another name for a loan officer?
In simple terms, a mortgage loan originator (MLO) is a professional responsible for facilitating the funding of home loans. Their primary role is to guide prospective homebuyers through every step of the mortgage loan process, ensuring a smooth and transparent experience. Regardless of their specific job title, the core responsibility of an MLO remains the same: helping clients secure the financing they need to purchase a home.
A mortgage loan officer is essentially another term for an individual who holds a mortgage loan originator license. These licensed professionals are well-versed in the regulations, loan products, and financial strategies needed to assist borrowers in selecting the best mortgage options tailored to their needs and financial goals. Whether working independently or as part of a financial institution, MLOs are key players in helping individuals and families achieve homeownership.
Is a loan officer the same as a realtor?
Real estate agents primarily focus on discovering innovative and efficient methods for buying and selling properties, as well as providing answers to questions about listings. In contrast, loan officers dedicate most of their time to educating clients about their financial options, analyzing their income, and reviewing other pertinent financial information to guide them through the loan process.
Related articles:
Deciding How Much Money to Put Down on a House
Although most lenders recommend a 20% down payment, it’s not necessarily required. There are options for home buyers to put down much less, but it may not necessarily be the best decision for you. So, how much cash should you be putting down? Read more>>
How to Get Pre-approved for a Mortgage
If you’re planning to purchase a home, it’s recommended that you get a pre-approval before you actually start looking. Essentially, a pre-approval is a backing from a lender that proves you are qualified to borrow X amount of money at a specified interest rate. Read more>>
Difference Between PMI & Mortgage Insurance Premium
If you’re new to the home buying process, chances are you’re confused about the difference between private mortgage insurance (PMI) and mortgage insurance premium (MIP). Well we’re here to set the record straight for you! Read more>>
+++++++++++++++++++++
++++++++++++++++++++++