Your Mortgage Loan

The loan process can seem daunting and very confusing...We know there is a lot to know! We swim in the mortgage waters every day, so we are well positioned to help make things simple for you.

How to select a Lender.

When you work with us, we will help you identify your best loan options and get you to a lender you has the right loans and service to meet your needs! We know all too well that the professional who handles your mortgage loan plays a big roll in keeping your purchase on track. 

We work with a wide array of lenders, and those established relationships result in a higher level of service and attention for our clients. From us as the Realtor, to the lenders, appraisers, underwriters and closers- it is a team approach to get things done with there pro's!Working with the same lenders, processors, etc..., means we know their processes and they know ours! That just makes your mortgage process go smoother.

Mortgage lenders who consistently provide top notch service and rates are:

Luana Savings Bank

Brian Byrnes,  (515) 984-7100
E-Mail: BByrnes@luanasavingsbank.com
Website: www.LuanaSavingsBank.com
                                                    To submit an application on line, click here.

Luana Savings Bank offers a wide array of home loan options, including low cost refinance options. You can be assured you will have an exceptional experience! Luana Savings Bank offers a unique "Home Town Bank" experience that our customers have enjoyed time and time and time again!

Some of the loan programs available at Luana Bank:

• 80/15/5 Piggyback Loans, to avoid Mortgage Insurance.
• 3% Down FHA Loans
• Full range of Secondary Market Loans (Fannie & Freddie)
• Fast, convenient underwriting- experience the "Hometown Bank" experience!

Bankers Trust

Deb Buenting, (515) 222-2010
E-Mail: DBuenting@BankersTrust.Com
Website: www.BankersTrust.com

To submit a secure application on line, click here. (Select Bankers Trust- Des Moines and Attention: Deb Buenting.)

Bankers Trust is a full service bank, and has been locally owned by the Ruan family for many years. Their service is nothing less than top notch, and they have the resources to make your loan efficient and easy for you!

Some of the loan programs available at Bankers Trust:

• Zero Down CRA Loans for households earning 80% of median income for the 3 County region.
• Wide range of 5% to 20% down portfolio programs.
• 3% Down FHA Loans
• Full array of secondary market loans (Fannie & Freddie.)

If applying online is a concern to you, a Mortgage Pre-Approval (.PDF) can be printed out for delivery to any lender. 

What information will my lender need to pre-approve my loan?

Your loan officer will need some detailed information from you to complete your application. Below is a list of the most commonly request information:

• W2s for the last 2 years
• If self-employed, most recent two years of complete tax returns, YTD profit and loss statement, and balance sheet
• Most recent paycheck stubs covering last 30 days
• Recent statement for all checking, saving and investment accounts (mutual funds, 401(k)s)

Insurance

You have your loan... Now you need your insurance!

Insurance rates can vary significantly when you are purchasing a home. Experts recommend you obtain a quote from an Independent Insurance Agent who can shop several carriers for the best rates. One agent who has helped many of my clients is:

Davis Insurance Agency
515-274-3838
Click HERE to visit the Davis Insurance Agency website.