How to Apply
What You Can Expect
Navigating the world of real estate can be complex, especially for new homebuyers. We are committed to providing personalized lending plans tailored to your unique needs, ensuring a smooth and informed journey toward seeing your vision come to fruition.
How Do Mortgages Work with Private Mortgage Loans?
A mortgage utilizing private mortgage funding offers unique benefits and flexibility compared to traditional loans. Here’s how it works:
Pre-Qualification: Private lenders often have more flexible criteria for pre-qualification. At KRA Private Mortgage Funding, we assess your financial situation holistically, considering factors beyond just your credit score and income.
Application: Applying for a private mortgage involves submitting detailed financial documents, including income statements, tax returns, and bank statements. Our team at KRA simplifies this process, providing personalized assistance every step of the way. Click here to complete an application online. E-mail your completed application to kristi@kraprivatemortgage.com.
Underwriting: Our underwriting process is more adaptable than traditional lenders. We take a comprehensive view of your financial health, business income, or other non-traditional income sources, providing more opportunities for approval.
Approval: With KRA Private Mortgage Funding, approvals are always faster and more flexible, accommodating unique borrower situations that traditional banks may not. At KRA, we tend to have full loan approval within 72 hours of receiving all documents provided by the borrower.
Closing: With less required documentation, the closing process is streamlined and efficient, ensuring you can move into your new home without unnecessary delays.
Personalized Lending Plans with KRA Private Mortgage Funding
At KRA Private Mortgage Funding, we recognize that no two borrowers are the same. Our mission is to provide personalized lending plans that cater to your specific needs and financial situation. Here’s how we can help:
- Expert Guidance: Our experienced team will walk you through every step of the mortgage process, answering your questions and providing valuable insights.
- Customized Solutions: We analyze your financial profile to recommend the best mortgage options, ensuring you get the most favorable terms.
- Local Knowledge: Specializing in private mortgage loans in North Carolina and South Carolina, we have a deep understanding of the local market and can help you find the perfect home in this vibrant community.
- Flexible Terms: Whether you need a lower down payment, a fixed-rate mortgage, or a loan for a rural property, we offer flexible terms to meet your needs.
- Ongoing Support: Our commitment doesn’t end at closing. We provide ongoing support and resources to help you manage your mortgage and plan for the future.
Embark on your homeownership journey with confidence, knowing that KRA Private Mortgage Funding is by your side every step of the way. Contact us today to start creating a personalized lending plan that fits your needs and helps you achieve your dream of owning a home.
For more information on private mortgage loans and to explore private mortgage loans in the Carolinas, schedule a consultation below or give us a call at (843) 532-2809. Let’s make your dream home a reality together.
*If you complete an application, please e-mail it to kristi@kraprivatemortgage.com.*