Home Improvements can be a smart way to add value and equity to your home. We understand your need and would like to offer solutions in completing your home improvements.  With or without any equity in your home, we can help you to complete your plans.

• No equity required loan programs.
• Build equity by making home improvements.
• Home equity line of credit.
• Payoff debts such as credit cards, auto loan.
• Less than perfect credit is ok.

You can also use the extra cash any way you want. New car? Time for a vacation? Maybe a wedding or college education for your daughter or son? The possibilities are yours to make. There is NO COST for you to apply to find out if you qualify.

1. Choosing a lender: The Lender you choose is very important when you are looking for a home improvement loan.  We recommend choosing someone who will want to recommend and offer the best home loan for you and not for the loan officer.  The loan officers at Direct One Mortgage understands how important it is to offer what's best for you and not for the company. In some cases, we might recommend you to another company because it will be the best for you even though we will not benefit from it.  One of our loan officers will ask important question such as what you are looking to do, how much you are seeking, how much equity you have available, so that we can recommend the right loan for you.

2. The Application: The mortgage loan application which is commonly called 1003 is a uniform application used by all lenders.  Some lenders will require you to physically complete one and some others might complete one for you. Either way, you should make sure that the information on the 1003 is completed correctly especially if someone else completes it for you.  Please do not sign a 1003 without reviewing it yourself if it was completed by a loan officer.

3. Income & Asset Verification:  This process might be arduous for many of you.  We do understand this. However this will be unavoidable if you choose to receive the lowest rates available.  If you choose, you can ask for a no income verification program.  The interest rate and/or fees might be higher in return but for some business owners, this might not be a choice since you might not show a high income on your tax returns every year.  Please consult with your loan officer as to which would be best for you.

4. Appraisal, Escrow, Title Insurance:  These are all third parties needed to complete your loan process. We only use large and reputable companies to assist us in your loan.

5. The Loan Process:  Your loan officer working together with your escrow officer, will make sure the loan process moves along according to the time table of your escrow closing date.  Time to time, your loan officer might request something from you to assist in this process such as an updated paystub and/or a clarification from your loan application. Please be patient during this process since we are all trying to achieve one thing, which is to fund your debt consolidation loan.

6. Loan Approval:  Once your loan is approved, your loan officer will be ready to order your loan documents.  Your loan officer will go over in detail with you about your interest rate as well as fees. Please make sure that when you go into the escrow company to sign your loan document that the loan documents have the correct interest rate and fees that you agreed upon.  Do not sign them otherwise.

7. Loan Funds: Well, you have reached the end of the tunnel.  Congratulations!  Now we will coordinate with the escrow officer to get you the money so you can start your home improvement projects

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