At Pilgrim Mortgage, we treat each customer as an individual, not a number. We don't place you into a loan profile formula created by the banking industry. We use common sense and will help you obtain the best loan possible.
We work with the industry's top investors. This allows us to get you the best rates on all types of loan programs including: 30yr mortgage, 20yr mortgage, 15yr mortgage, 10yr mortgage, 1yr ARMS, 3yr ARMS, 5yr ARMS, Conventional, Jumbo, and VA. Whether your situation calls for Full Documents, No Documents, or Non-Owner Occupied, we'll fit your needs!
Purchasing a home is probably one of the biggest investments you'll ever make in your lifetime. We are with you every step of the way. You will save a lot of time if you determine what mortgage amount you can qualify for before you start looking at homes. As a rule, you don't want to spend more then 29 percent of your gross monthly income (that's before taxes are taken out of your paycheck). You'll need to consider current interest rates. The lower the rate, the higher the home price you'll be able to qualify for. Use our calculator to give you an idea of how much you can afford.
Wall Street retreated on Wednesday, pulled lower by weakness in the materials and healthcare sectors as investors continued to weigh the possibility of an interest rate hike in the coming months. Materials were down 1.2 percent as names such as Newmont Mining and Freeport-McMoRan were the worst performing names on the S&P 500, losing more than 7 percent. The market is awaiting Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyoming, on Friday for insight on the direction of monetary policy.
I was worried that I wouldn't be able to qualify for a loan. I spoke with Jenny and they told me to apply on their site. The next day they not only qualified me but had me locked into a great rate.