Sun West Mortgage

My website

I want to invite you to visit my website: http://www.nativeamericanloansnow.com/

It is going through some changes and upgrades right now, but please take a look!

Remember, I am always available for all of your home loan needs: 505-918-1028.

The Loan Application Process - Detailed for You!

The Loan Application Process

Our loan application form asks for information on the property you are buying, as well as the employment and financial history of all loan applicants. We will verify the information shown on the loan application before deciding whether or not to make the loan, so it is very important to make sure that it is complete and accurate. It is easier to complete the loan application process if you prepare for it ahead of time. We will ask about your personal finances, including bank account numbers and balances, current loan amounts and payments, and credit card account numbers. You need to be thorough and precise in providing this information, so it is best to assemble information before you meet with us. Following is a summary of the major kinds of information required on the loan application, the documents that may be needed, and the questions that you should be prepared to answer.

Details Of The Purchase Contract And The Property

Because the property is security for the loan, we will have an appraisal made of the property; and you will need to have the following information available:

1. A complete copy of the sales contract, including any addendums, signed by all parties, showing the full names of the sellers and buyers as they will appear on the new deed, the amount of earnest money deposit and who is responsible for closing costs, origination fees, etc,;
2. If the house is to be built, or is still under construction, a set of plans and specifications;
3. The complete mailing address of the property, its age, and its full legal description; and
4. Name, address, and telephone number of the real estate agent and/or the seller of the property who will assist the appraiser in obtaining access to the property.

Personal Information

Info about Section 184

How powerful is the Section 184 Native American Program? This loan has no mortgage insurance and a low down payment! More facts:

• Buying a house for $130K FHA and $160K Section 184 = approximately the same payment.
• Native American Loan Program eliminates monthly mortgage insurance and only requires 2.25% down payment in New Mexico and Colorado
• You can get an MFA loan combined with a Section 184 Native American loan and a 2/1 buydown.
• Imagine at mortgage closing with only a 550 credit score! What’s the interest rate 9%? Nope It was only 4.75%.

Call Todd for even more information about this incredible loan program that can help you save money on the purchase of your home! 505-918-1028

Welcome!!

 My name is Todd McManigal and I am a loan originator with Sun West Mortgage Co. 

We specialize in Native American Home Loans  through the Section 184 Native American Program.

Our primary goal is to help Native American’s get approved and save money!

Be sure to follow my pages for more information:

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If you are currently looking for a new home, give me a call at 505-918-1028.