I'm
not comfortable sending you my Social Security number over the Internet.
Is this a problem?
Not at all. We won't need your social
security number until your credit report is requested.
How
long Alliance Mortgage has been providing home loans?
We have been providing inexpensive home
loans since 1992. Alliance Mortgage is a California corporation, fully
licensed as a Mortgage Banker and Broker with the California Department of Corporation.
Are you broker or a lender ?
We are mortgage bankers and brokers. We can fund loans directly or send them to our investors.
Is
my personal and financial information safe?
Yes. Our Privacy
and Security Policy is very strict. We never release any of your information
to a third party. It is only used for purposes of completing your loan
process.
How
can I reach you in a hurry ?
Call us toll free 1-877-834-1700, email
us at http://www.alliancemtg.com/contact4.htm
Why use your site rather than a traditional broker or a bank ?
We give you best of both worlds,experience and know-how of traditional brokers and lenders while delivering the loan products to you with the speed, convenience, and objectivity only possible with a fast moving technology.
While traditional brokers can be great facilitators of the mortgage process, they can stand between you and the types of information you need quickly to arrive at self-made,well-informed decisions, carried out in a non pressured environment.
The Internet brings out comparison shopping-at your own pace and without broker pressure-among vast array of products offered. Such loan sources may not be available at your local level or you simply cannot find them elsewhere.
Is there a charge for pre-qualification and pre-approval ?
There is no charge for getting pre-qualified or pre-approved on this site.
How can I get a Loan Application?
I
need a Loan. What is the first step?
First step is getting
qualified for the amount of loan that you need. There are many competitive loan
programs to choose from, and all of our loans are
customized
to your individual needs.
When
do I need to lock in my loan rate?
Once your loan package is received by
us, we will speak with you personally to determine when to lock your rate.You
are eligible to lock a rate at any time, right up to the closing.
Can
I buy a home if I have had credit problems?
Absolutely! Alliance Mortgage specializes
in providing home loans to people with all types of credit. Even if you
have had recent credit problems like late payments, charge-offs or even a bankruptcy,
we can find a loan.
Can I payoff my credit cards, and buy a home, and get one loan at the same time?
No.The purchase loan can only be up to the purchase price or 103 percent of the purchase price where the closing costs are financed. It will not pay credit card. However the debt can be refinanced once you have owned your home.
I'm renting now. Why
should I buy a home?
There are three big advantages
to home ownership. First, you build equity for yourself with every payment.
Second, your mortgage loan interest is tax deductible. And third, home
ownership provides a place you can call your own. Test this using our Rent Vs
Buying calculator.
I'm approved with another lender. Can you beat their rate?
If you can provide us with a written loan approval, we can most likely better rate, terms, or both.
How
much are your fees ?
Your exact closing costs and fees vary
depending upon the type and size of the loan, which is why we give you a Good
Faith Estimate right from the start.