Follow:

Tracie Schmidt

Producing Branch Manager

 

NMLS #269424

 

Direct: (858) 336 - 5200

 

Fax: (858) 264-1602

tracie.schmidt@supremelending.com

Branch Address:

 

1615 Murray Canyon Road Suite 1020

San Diego, CA 92108

This website is not authorized by the New York State Department of Financial Services to accept mortgage loan applications for properties located in New York.
                                   For New York applicants, please visit our New York authorized website: www.supremelending.com.


ADVERTISEMENT. EVERETT FINANCIAL, INC. D/B/A SUPREME LENDING NMLS ID #2129 (www.nmlsconsumeraccess.org) 14801 Quorum Dr., #300, Dallas, TX 75254. 877-350-5225. © 2019. This is not an offer to enter into an agreement. Information, rates, & programs are subject to change without prior notice and may not be available in all states. All products are subject to credit & property approval. Supreme Lending is not affiliated with any government agency. Intended for California consumers, Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act License 4130655. Equal Housing Lender.. 

© 2019 EVERETT FINANCIAL, INC. D/B/A SUPREME LENDING NMLS ID #2129 (www.nmlsconsumeraccess.org). 14801 Quorum Dr., #300, Dallas, TX 75254. 877-350-5225. All rights reserved.

The Do's & Dont's of Closing A Loan

DO bring a cashier’s check made out to the title company for your closing costs. You can bring a personal check to closing for $500 or less.

 

DO notify us if your salary or other compensation has changed from what has been noted on your loan application.

 

 DO inform us if your address changes from what appears on your original loan application. We will complete rental and mortgage verification for all of your residences within the last two years.

 

DO obtain homeowner’s insurance with minimum coverage equal to the amount of your total loan or the replacement value of the house. Call our office with your agent’s name and phone number at least 10 days before closing.

 

 DO keep documentation (or a “paper trail”) on any large deposits into your account. A “paper trail” is copies of all paperwork necessary to prove financial transaction: copies of all checks, deposit slips, loan paperwork, forms to liquidate assets, etc.

 

 DO make sure you have a clear termite report on the property. If the termite report is not clear, provide a receipt for treatment that shows the chemicals and the amount used for treatment (upon request).

 DON'T acquire any additional credit lines or make any large purchases on existing credit without first consulting us. For example: Purchasing a car or buying appliances for your new home will change your debt to income ratios.

 

DON'T change jobs without consulting us. A change in compensation may affect your ability to qualify. Borrowers must have a two-year history of bonus and/or commissions to be counted as income. Lenders may verify employment on the day of closing as a quality control check.

 

DON'T  co-sign with anyone to obtain a line of credit or make a purchase. The payment will show up on your credit report as an additional debt.

 

 DON'T negotiate your contract with an allowance and expect to get money back at closing. An allowance can be used to pay closing costs and/or prepaids.