Faster.
Cheaper.
Easier.
Getting a mortgage should not be hard.
# BROKERS ARE BETTER
Tools To Help You Plan
Wondering what your payment would be as you browse homes online? Or the big
question how much home can I afford? These tools will help you plan your purchase or refinance.
# Why Me?
Supporting You Every Step of the Way
With over 270 lenders, I can find an option in most situations. Reach out and experience the difference of professional mortgage advice.
Conventional, Jumbo, FHA, VA, and USDA loans
Non-QM Loans (Bank Statement, Asset Utilization, Self-Employed, etc.)
Commercial and DSCR Loan Options
#REAL OPTIONS
Get Options, Real Options, Based on Your Unique Situation.
Book Your Free Mortgage Consultation Today!
No matter your scenario I am here to help. If there is a way then I will get your loan done! We will discuss:
Goals, Current Financial Situation, VA or other grant program eligibility
Mortgage process overview for your unique situation, so you know the game plan from day 1
Discuss possible ways to maximize equity in your home for renovations or other investments
Do You Have Questions?
Here are some of the most commonly asked questions we get from clients just like you.
How is a mortgage broker different from a bank, and what are the benefits of using one?
Think of a bank as a retail store that only sells its own brand of products. They can only offer you the mortgage rates and loan programs that their specific institution has available.
As a mortgage professional with NEXA Mortgage, the nation's largest mortgage brokerage, I operate differently. I'm not tied to a single lender. Instead, I have access to a vast wholesale market of over 270 different lenders. This means I can shop on your behalf to find the most competitive interest rates and a wide variety of loan programs that you might not find at a traditional bank. My primary goal is to match you with the loan that best fits your unique financial situation, potentially saving you money and providing more flexible options.
What's more important: the interest rate or the Annual Percentage Rate (APR)?
This is a fantastic question, as it can be confusing. The interest rate is the cost of borrowing the money for the home itself. The Annual Percentage Rate (APR) gives you a more complete picture of the loan's cost. It includes the interest rate plus other costs associated with the loan, such as lender fees, and mortgage insurance.
While a low interest rate is attractive, the APR is a more powerful comparison tool because it reflects the total cost of borrowing. A loan with a slightly higher interest rate but lower fees could have a lower APR than a loan with a rock-bottom rate and high associated costs. We'll review both together to make sure you understand the true cost of your mortgage.
How much do I really need for a down payment? Do I need 20%?
The idea that you need a 20% down payment is a common myth. While a larger down payment can lower your monthly payments and help you avoid Private Mortgage Insurance (PMI), it's not a requirement for many loan types.
There are excellent options available that require much less:
FHA Loans: These government-insured loans can require as little as 3.5% down.
Conventional Loans: It's possible to get a conventional loan with as little as 3% down.
VA Loans: For eligible veterans and service members, VA loans often require no down payment at all.
A significant concern for many buyers is saving for a down payment and affording closing costs. We can explore various loan programs and even discuss down payment assistance options to find a path to homeownership that fits your budget.
What credit score do I need to get a mortgage?
Your credit score is a crucial factor in qualifying for a mortgage and determining your interest rate, but there isn't one single "magic number." Lenders use your score to assess risk, so a higher score generally leads to better loan terms.
However, different loan programs have different minimum credit score requirements. Some government-backed loans, like FHA loans, are designed to be more accessible to individuals with less-than-perfect credit. The key is not to count yourself out if you think your score is too low. A major part of my job is to review your complete financial profile and find a lender and program that will work for you.
With interest rates changing, should I lock in my rate?
Mortgage rates can and do change daily, influenced by economic factors and the bond market. An interest rate lock is a commitment from a lender to give you a specific interest rate for a set period, typically from 30 to 90 days.
Deciding when to lock your rate is a strategic part of the process. Locking too early could mean missing out if rates drop, but waiting too long could mean your monthly payment goes up if rates rise. This is a significant concern for many buyers in the current market. We will watch the market together, discuss your risk tolerance, and I will provide my professional guidance to help you make a timely and informed decision on when to lock in your rate.
OUR TEAM
Austin weinland
Principal Mortgage Advisor
Alex Chen
Lender Communication Partner
Jessica MIller
File Coordinator
JAKE DUNCAN
Tech Implementation Manager
Testimonials
People Love Us
Austin and the NEXA team were a dream come true when it came to buying our first home. Austin's dedication and expertise made the entire experience seamless. He was there every step of the way, explaining each detail with precision and patience. We are incredibly grateful for Austin and everything he has done for us. Without hesitation, we would highly recommend Austin and the NEXA team to anyone looking to purchase their first home.
Donnae LaMastres
I am happy to share my experience with NEXA and my loan officer Austin. My first encounter with NEXA was just ok, and not as smooth as I expected. But my most recent experience was excellent. I am not sure what the company did, but the process was user friendly, thorough, and most importantly super fast! Anyone that has been in a tight financial spot can definitely appreciate the speed in which my loan was submitted and closed successfully. Sincerely, Denise (a customer for life!)
Denise Cuyjet
Address:
5559 S Sossaman Rd
Bldg #1, Ste #101
Mesa, AZ 85212
Call:
480-848-5108
Email:
Site:
www.austindoesloans.com
Copyright 2022 . All rights reserved | Austin Weinland NMLS #2104564 | Corporate NMLS #1660690 | AZMB - 0944059
This is not an offer to enter into an agreement. This is not a commitment to make a loan. Not all customers will qualify. Information, rates and programs are subject to change without prior notice. All products are subject to credit and property approval. All approvals are subject to underwriting guidelines. Not all products are available in all states or for all dollar amounts. Other restrictions and limitations may apply. VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit standards, and property limits. NEXA Mortgage, LLC is not affiliated with any government agencies. These materials are not from VA, HUD or FHA, and were not approved by VA, HUD or FHA, or any other government agency. Copyright © 2020 NEXA Mortgage, LLC NMLS#1660690. AZMB#0944059. 5559 S Sossaman Rd Bldg #1, Ste #101 Mesa, AZ 85212, 602-344-9333. www.NEXAMortgage.com NEXA Mortgage, LLC is an Equal Housing Lender. All rights reserved.