Thanks to Mark Wilkinson and the rest of the Group One Mortgage Team on our refinance. The level of service and expertise was exemplary. In addition, closing costs were below the good faith estimate that resulted in a refund at the closing. I would highly recommend Group One Mortgage.
Everyone at Group One made the process so simple that it was actually pleasant. From a 1st time buyers experience.
Mark Wilkinson and Erica did everything they could to lead me through this process. Mark always returned my calls quickly. This is the 4th house I’ve bought and the process is much more involved. Thank you for walking me through it all.
I was very impressed with Mark’s professionalism, knowledge and helpfulness.
“There were so many complications with my property – I was lucky to have Mark & team handling everything! Saved me a ton of money!”
Dear Mark & Erica,
I can’t thank you all enough for all that you did. It was an absolute pleasure working with you and I greatly appreciate your professionalism and most importantly your patience. I am bit overwhelmed right now but so thrilled to have closed and am looking forward to getting settled in my new home and living the American dream!
Many thanks again.
With warm regards,
Congratulations on your decision to buy a new home. There are many important things to consider throughout the process, especially if you’re a first time homebuyer. Here’s some information that can keep you on track. … Read more
“Prequalification” occurs before the loan process actually begins, and is usually the first step after initial contact is made. In a prequalification, the lender gathers information about the income and debts of the borrower and makes a financial determination about how much house the borrower may be able to afford. … Read more
Acceleration clause: A provision in a mortgage that gives the lender the right to demand payment of the entire outstanding balance if a monthly payment is missed.
Adjustable-rate mortgage (ARM): A mortgage whose interest rate changes over time based on an index and a margin. Rate changes are made at prescribed times and within prescribed limits (caps) as defined in the mortgage contract.