CAN GOING DIRECT TO MY LOCAL BANK GET ME A BETTER INTEREST RATE?

No. Ready Mortgage gets the loan at a wholesale rate which is below the retail rate you would get if you walked into the bank yourself. Banks have this process in place to make the playing field even. All banks rely on mortgage brokers to bring them business and offer them special pricing to entice them to do so. Unless you are actively involved in the commercial mortgage market, you won’t know what banks are offering specials for your specific lending situation. That’s why it is important to choose Ready Mortgage who can place your loan in the market with the best rate and term available.

OUR PROCESS

Step 1
Fill out our simple loan request form or call one of our lending specialists.
Step 2
Our lending specialists will size up your loan, and identify your objectives.
Step 3
We will shop your loan to over 100 lending sources across the market.
Step 4
After the best rate and term available is identified, we will present the scenario to you.
Step 5
Once you accept the terms we will request the appraisal and start obtaining your documentation.
Step 6
When the underwriting is done, the loan documents will be prepared and deliver to you.
Step 7
Once you sign the documents, the loan will fund and the proceeds will be distributed.

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