Frequently Asked Questions
What is the loan process?
How long will it take?
What documentation do I need?
What if my credit is not great?
What if I filed for Bankruptcy?
Can I still get a loan if I am out of work?
Do I have to verify my income?
How can I pay off my loan faster?
You can always give us a call and speak to a loan officer today! 888-683-7001
The Loan Process
The Process is simple and is designed to get your loan done quickly, and most importantly, the way you want it. Here are the steps:
1) Application - can be done over the phone. Its an easy way to pre-approve your loan.
2) Consultation - finding the right loan program to meet your goals.
3) Appraisal & Underwriting - this is where we verify what is on your application and get your final approval.
4) Settlement - can be done in your home or any convenient location.
How long will it take?
We can move as fast as you need us too! In fact, you can play a big part in moving the loan process along. Here is how:
1) Review, complete, sign, and return your application.
2) Be direct and honest about your goals and expectations for your loan.
3) Be flexible with your time to get your appraisal completed.
4) Provide your loan officer with any additional information.
5) Be flexible in scheduling your settlement.
Documentation
Atlantic Home Equity has many loan programs. Some require more documentation than others. Some require employment, income, and assets and some do not. However, all of our loans require some basic documents:
1) a driver's license or some alternative form of identification
2) proof of home owner's insurance - usually called the "declaration's page"
Not Great Credit
Don't worry - Not only do we have programs for all credit situations, we also will help you clean the derogatory credit from your report. Our goal is for you to leave Atlantic Home Equity in a much better situation than you arrived.
Filed for Bankruptcy
Sometimes Bankruptcy is necessary. We understand that. That is why we have several programs structured for either in Bankruptcy or discharged from Bankruptcy. We look at it as a new start and want to be your partner on the road to recovery.
Out of Work?
No Problem - Let Atlantic Home Equity help you through these difficult times. Whether you are temporarily un-employed, disabled, or a student looking for your first home, we have a program to meet your needs.
No Income Verification
We understand that there are many reasons that you may not want to verify your income or your assets. That is why we have a whole range of products designed to deal with your needs - Which one is for you?
Pay Off Faster
Not only are there several ways to pay down your loan faster (for example, bi-weekly or extra payments), we can also help you set it up and auto mate it so you don't have to worry about it!
Atlantic Home Equity- FAQ
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