Thank you for requesting a copy of our informational report.

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If you have any problems with the download or questions about the report, please contact scott@nwiloanguy.com.

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Thank you for requesting a copy of our informational report.

Click here to get your report

If you have any problems with the download or questions about the report, please contact scott@nwiloanguy.com.

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Thank you for requesting a copy of our informational report on the questions you MUST ask your lender.

Click here to get your report

If you have any problems with the download or questions about the report, please contact scott@nwiloanguy.com.

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When you are applying for a mortgage loan, it is important to follow your lender’s instructions and make sure you get them any additional information or documentation they need immediately.

Just as important, there are several things that you SHOULD NOT DO when applying for the mortgage.

Here are seven of them.

Click here to receive 7 Things You Should Not Do When Applying For A Loan

If you are currently renting, you are probably throwing money away and lining the pockets of your landlord.

This article will help you stop paying rent and purchase a home.

Click here to get a copy of Stop Paying Rent Forever.

When shopping around for a mortgage loan, it is important to ask the right questions.

Here are just a few questions to ask your current or prospective lender to make sure they are knowledgeable enough to offer you the right loan for your particular situation.

To get your copy of  “Four Questions to Ask Your Mortgage Lender”, simply fill in your name and email address below. We promise to never loan it, sell it, or even give it away. It’s safe with us because we hate SPAM as much as you do!

FAQs For Home Buyers

How do we know what is the best type of financing for our particular family’s situation?

The best way for your to determine which program would best suit your family’s needs is to sit down with me and I’ll explain all of your financing options. Things to consider are: family size, how long you plan to stay in the home, current and projected income and debts, credit history and cash available to close. We are uniquely positioned to have almost all financing options available to us that anyone could want and/or require.
Can the seller pay for my downpayment?

No. However, the downpayment can be a gift from a relative or non-profit organization, or be borrowed if the loan is secured. The seller can pay for the borrower’s closing costs, if negotiated.
What if I have no money at all?

There are programs that offer a no-downpayment option and, in conjunction with seller contributions, can make it so that you will not need to spend any money to buy a home. Additionally, I can show you other ways to purchase with no cash.
How do we get prequalified for our first home?

By answering the questions in my online application section or phone consultation with me. Both can give you a ballpark idea of what price range you can afford. The next step is to get preapproved so that the money you need is already committed to you; this gives you the strength of a cash buyer.

If you are ready, you can contact me at 219-695-0369 or email scott@nwiloanguy.com.

HEALTHY CREDIT SEMINARS

Northwest Indiana Schedule

The Healthy Credit seminars are presented to the public free of charge in an effort to educate consumers on how to access, interpret and correct their credit reports. Because of the recent changes in the lending guidelines of the mortgage lenders, having a good credit score could mean the difference between getting approved and being denied a loan to purchase or refinance a home.

A 2004 PIRG report indicated that 79% of ALL credit reports contain errors of some type and that 25% are serious enough that the borrower is denied the loan. Do you know what’s on your report?

Identity Theft is the nation’s fastest growing white-collar crime and affected 8.4 million consumers in 2007 alone. The average amount of fraud was $5,720 PER VICTIM and totaled 49.3 BILLION dollars. This hot topic will also be covered!

The seminars have been very well received and the speakers have been invited back to continue to lecture on a regular basis, as well as appearing on “Your Credit, Your Life, Your Home” on WIMS Radio AM 1420.

The Healthy Credit seminars are brought to you in cooperation with our preferred real estate agent partners and sponsored by Mortgage Professional Group, Inc. of Valparaiso. Please note that without them, we would be unable to present this program at no charge to the attendees. Unlike many seminars, neither we nor our partners or sponsors will be asking you to purchase any products or services.

Schedule of Events:

None Scheduled Yet Due To Winter Break

These seminars, which usually last between 45 and 60 minutes, are designed to help you understand your credit report and manage it after life changing events such as divorce, bankruptcy, illness / injury and identity theft. It will also cover how to keep the credit reporting agencies from selling the consumer’s information to other marketers who may not have their best interest in mind.

Attendees are encouraged, but not required, to bring a copy of their current credit profile to the program. This may be downloaded once a year at www.annualcreditreport.com . Attendees will be given important information to take home to share with family and friends. A question and answer period will follow.

We can provide this program to your church, school, civic group or other organization free of charge. If you are interested or would like more information, please call 219-695-0369 or email us here .

Credit Management Resources

If you would like more information on managing credit, you may access our free reports under the “Resources” section on the left of your screen.

You may also find valuable information on the following sites:

www.annualcreditreport.com or call 877-322-8228 to get a FREE copy of your credit reports. This is the official site that is monitored by the government. You are NOT required to sign up for credit monitoring to get a free report every 12 months.

www.optoutprescreen.com or call 888-567-8688 to opt-out of firm offers of credit and insurance. This is one way to help prevent unsolicited offers of credit and possibly decrease your chances of identity theft.

Federal Trade Commission The official government site to educate consumers about the laws and regulations of their financial transactions. Go here to file a complaint if you have become a victim of identity theft or to learn your rights under the Fair Credit Reporting Act.

Indiana’s Credit Freeze Law This link to the Indiana Attorney General’s website explains the program. Click here to download sample forms to send in to freeze your credit file.

The 3 Credit Reporting Agencies have websites that contain information related to your credit and ID Theft, as well as other information such as how to dispute items and government regulations. The sites are as follows:

Experian …………… Equifax …………… Trans Union

What They’re Saying About Us

(What I liked best was) all the extra info I didn’t already know – things to avoid & things to do with my credit. M.S. Crown Point, IN

It was very helpful and informative after my divorce. D.L. Valparaiso, IN

Job well done – very helpful and learned a lot. C.M. Valparaiso, IN

Scott, I very much enjoyed your seminar and I learned a LOT! I love learning new things….. you have a terrific background in finance and are very, very knowledgeable of your field. M.M. Valparaiso, IN

You are very knowledgeable and easy going. I feel comfortable asking questions. S.G. Lake Station, IN

Thanks Scott, it was great. J.S. Merrillville, IN

FAQs For Home Owners

Can closing costs be rolled into my loan if I refinance?

All of your costs can be included in your loan amount on a refinance program. A notable exception to this is if you are doing a streamline refinance, or if your equity is not large enough to accommodate these costs. Sometimes it is preferable to do a no-cost refinance. It is our job to help you through this decision process.

How can I use equity in an existing home toward the purchase of a new home?

There are several ways to use your equity to buy a new home. The most common ways to obtain your equity are bridge loans, second mortgages, home equity lines of credit, or trade equity. Each option has a different impact on your qualifications, and costs for each option vary.

How do I go about listing my home?

Listing your home is easy. The hard part of listing comes with choosing the right agent to market your home and keep YOUR best interests in mind. We work with most of the top agents in our market area and would be glad to recommend a qualified agent.

Should I lock in?

This is the hardest part of any transaction–knowing when rates are at their best. If current rates suit your needs, locking in your loan will protect you from any rise in rates, and would be recommended. Unfortunately, nobody can tell you what rates are going to do. The best we can do is help you identify at what rate it might make sense for you to lock-in, and what economic reports are coming out that may impact the market.