Mortgage Company Ridge, NY
Mortgage Company in Ridge, NY 11961
What to Expect During Your First Meeting with a Suffolk County Mortgage Broker at Jet Direct Mortgage
Whether you’re a first-time homebuyer, you’re refinancing your Ridge house, or you want to make improvements, if you’re looking for mortgage companies near me, you’ll find a lot of options to choose from. While there’s certainly no shortage of mortgage lenders in the Suffolk County area, you don’t want to settle for just anyone; you want to choose the best mortgage company possible. Jet Direct Mortgage, a local direct lender, is a premier mortgage company. Offering a wide variety of loan programs, fair and affordable rates, and fast approval times, you can count on our team to get you into the home of your dreams.
The prospect of buying your first home is certainly exciting, but it can also be nerve-wracking. There are a lot of factors that need to be considered and tons of decisions that have to be made. If you’re like most house-hunters in the Suffolk County area, figuring out home mortgage options is one of the biggest decisions you’ll need to make. While you can go to a bank or a credit union and try to secure a loan yourself, if you want to ensure your home buying experience goes as smoothly as possible, you should seriously consider enlisting the help of a mortgage lender.
Mortgage companies are firms that specialize in nmls mortgages. They originate and/or fund residential mortgages. Mortgage lenders are knowledgeable, experienced, and can make the process of obtaining the funds you need to purchase your home a lot easier.
After you’ve searched for mortgage lenders near me, you’ve researched perspective companies, and you’ve arranged a consultation, the next step in the process of securing a home loan is a consultation with a mortgage broker. If you’ve never purchased a home before, you might be wondering what to expect during your consultation. To set you up for success, here’s a look at what you can expect during your first meeting with a mortgage broker.
Before you head out to your first meeting with a mortgage broker, make sure you prepare yourself. That means organizing copies of pertinent financial documents and generating a list of questions.
As for documents, you’ll want to have the following on-hand:
- A copy of your credit report
- Proof of income, such as payslips or pay stubs
- Copies of current bank statements; both your checking and your savings account
- A list of any assets you have; retirement accounts, such as a 401-K, stocks, and bonds, deeds to any property you may already own, etc.
- A valid form of identification; a US driver’s license, non-driver ID, a passport, or a birth certificate, for example
- Your most recent tax returns
- Copies of statements from other debt you have; credit card statements, car loans, student loans, etc.
To find out if the mortgage company will want to see any other documents, make sure you give them a call and ask ahead of time.
Generate a list of questions that you want to have answered during your meeting. Questions should pertain to your specific situation; however, a few basic inquiries you’ll want to make include:
- What type of mortgage programs do you offer?
- What are your rates?
- What type of fees do you charge?
- What are the down payment requirements?
- How long does it usually take to process a mortgage?
- What should I bring to closing?
- Do you participate in home buying assistance programs?
During your initial consultation with a Suffolk County mortgage broker, make sure you ask all of the questions that you generated before your meeting. If any other questions come up during your meeting, ask those, too. Jot down the answers you receive so that you can refer to them after your meeting. If you aren’t sure of something, don’t be afraid to ask for clarification. Financial language can be difficult to understand; a reputable broker will be more than happy to explain in layman’s terms the resources available to you to get you the best rate.
Expect to Answer Questions, Too
You aren’t the only one who will be asking questions; the broker will ask you questions, too! In order to match you up with a mortgage program that will meet your needs, the broker is going to want to get to know as much as possible about you. You’ll likely be asked a number of questions that pertain to your financial history, but the broker will also ask some personal questions; your marital status, your age, whether or not you have children, your occupation, the name of your current employer and how long you’ve been working with your most recent employer, for example.
Be open and honest. The more the broker learns about you, the better.
Present Your Documents
Share the documents you brought along with you. The broker will carefully assess them to learn more about your financial status. With this information, the professional will be able to determine which home loan will best suit your needs and whether or not you are eligible for any programs that the mortgage company offers.
Based on the information the broker has collected, he or she will then share the different options that best suit your unique situation. Ask questions about the loans the broker suggests, including the advantages of the disadvantages.
The Next Step
After your meeting with a mortgage broker, assess the information you received. Take your time; it’s a big decision. Review answers, options, and any other details that were shared. Reflect on the broker’s professionalism; was he or she knowledgeable, friendly, and helpful? After you review your meeting, you’ll be able to determine if you want to proceed with the mortgage company or continue looking elsewhere.
Jet Direct Mortgage: Suffolk County’s Premier Mortgage Lender
If you’re looking to purchase a home in the Ridge, NY area, contact Jet Direct for your home loan needs. As a leading mortgage lender, we’ve helped countless area residents obtain the financing they need to purchase their dream homes. To schedule an appointment with one of our friendly and knowledgeable mortgage brokers, give us a call at 855-553-4732 today!
Some information about Ridge, NY
Ridge is a hamlet and census-designated place (CDP) in the town of Brookhaven in Suffolk County, New York, United States. The population was 13,336 at the 2010 census.
In 1693, William “Tangier” Smith, who owned a homestead in Setauket, was allowed to purchase a large tract of land on the South Shore of Long Island in recognition of his being mayor of Tangier in Africa. The land, called St. George’s Manor, stretched from the Carmans River (then called the Connecticut River) in the west to the edge of of Southampton in the east with a northern border around present-day New York State Route 25, as much as 81,000 acres (330 km2) of land. He made his manor seat on the South Shore in present-day Mastic, and the northern part, now the south side of Ridge, was called “The Swamp” or “Longswamp”. A house wasn’t built at Longswamp until after the American Revolution. In 1817, William Sydney Smith inhabited the house and changed the name to Longwood.
In 1955, what then remained of William Smith’s original manor was primarily located in Ridge and was surrounded by the world growing up around it, in the form of the Brookhaven National Laboratory and the surrounding areas becoming increasingly populated. Longwood’s 750 acres (300 ha) fell into the hands of Elbert Clayton Smith, who immediately moved his family from California to live there. He seems to have been very generous to his new community; his donations included 51 acres (21 ha) to the school board for the construction of Longwood High School and 6 acres (2.4 ha) to Middle Island Presbyterian Church. In 1967, Elbert Smith died, and the Longwood Estate was carved into housing developments and nearly destroyed until enough noise was made about preservation to have the house and 35 acres (14 ha) of land given to the Town of Brookhaven in 1974. The Smith Estate was added to the National Register of Historic Places in 1981.
In 1738, northern Ridge was settled by widower Samuel Randall of North Stonington, Connecticut; his only son Stephen Randall and his descendants farmed a 4,000-acre (1,600 ha) plot of ground that Samuel had always referred to as “the Ridge” based on the geographical terrain. First called “Randallville”, Ridge was the name selected by its residents for postal delivery and remains the name for this hamlet to this day. The Randall burial plot near the William Floyd Parkway includes the grave of Lt. Stephen Randall (1736-1818), patriot of the American Revolution and a Suffolk County Militia veteran of the Battle of Long Island, August 27, 1776, as part of a company of Suffolk County Minutemen commanded by Captain Daniel Mulford. Graves of Randall’s wife Elizabeth Swezey (1747-1834) and several descendants are also within the plot.