🎉 Missouri Jumbo Lender | Scott Fleming

Choosing the right mortgage plan with Scott Fleming at PrimeLending ensures your financial goals and homeownership dreams are perfectly aligned. Here’s how Scott can guide you:

Understand Your Financial Profile

• Scott will help you evaluate your income, credit score, savings, and debt-to-income ratio. These factors are critical in determining your eligibility for a mortgage and selecting a plan that aligns with your financial health.

Define Your Goals

• Are you purchasing a luxury property with a jumbo loan, a first-time buyer, or investing in real estate? Your goals will influence whether you choose a fixed-rate mortgage (offering long-term stability) or an adjustable-rate mortgage (ARM) (offering lower initial payments).

Explore Loan Options

• PrimeLending offers a variety of mortgage products, including jumbo loans, conventional loans, VA loans, and FHA loans. Scott will help you compare these options to find the best fit for your situation, ensuring you understand the terms, benefits, and trade-offs of each product.

Secure Competitive Rates

• Scott monitors the mortgage market in Missouri, helping you lock in the most favorable rates available for your chosen loan. Competitive rates can lead to significant savings over the life of the loan.

Account for Additional Costs

• Beyond your monthly payment, Scott ensures you understand other costs, such as property taxes, insurance, and potential private mortgage insurance (PMI). This helps you budget effectively for homeownership.

To explore your mortgage options and find the best plan, contact Scott Fleming at (816) 223-4782 today.

Improving your middle credit score is essential to securing favorable mortgage rates, especially when applying for a jumbo loan. Here’s how Scott Fleming can help:

Review Your Credit Report

• Obtain your credit report from all three major bureaus—Equifax, Experian, and TransUnion. Scott can guide you in reviewing these reports for errors, such as outdated accounts or incorrect balances.

Dispute Credit Errors

• If inaccuracies are found, dispute them promptly. Correcting errors could lead to a quick boost in your score.

Lower Your Credit Utilization

• Aim to use less than 30% of your available credit. Scott recommends strategies to pay down balances, such as focusing on high-interest accounts first, to improve your utilization ratio.

Make Consistent On-Time Payments

• Payment history plays a significant role in your credit score. Set up reminders or automatic payments to ensure you never miss a due date.

Avoid New Credit Inquiries

• Applying for new credit accounts can temporarily lower your score. Scott advises avoiding new credit applications for six months before applying for a mortgage.

Utilize Resources

• Tools like Middle Credit Score® can provide insights and actionable strategies to improve your credit. These resources empower you to make informed decisions.

For personalized credit improvement tips, reach out to Scott Fleming at PrimeLending by calling (816) 223-4782.

Absolutely! Whether you’re looking to refinance or purchase a new home, Scott Fleming at PrimeLending offers tailored solutions to meet your needs.

Home Purchase with Scott Fleming

• Pre-Qualification and Pre-Approval: Scott will guide you through these processes, giving you a clear understanding of your budget and strengthening your position when making offers.
• Specialized Jumbo Loans: As a Missouri jumbo lender, Scott specializes in loans for high-value properties, ensuring you get the best terms for your luxury home purchase.
• End-to-End Support: From application to closing, Scott provides personalized assistance, making your homebuying experience smooth and stress-free.

Refinancing with Scott Fleming

• Lower Your Interest Rate: Refinancing could reduce your monthly payments by securing a lower rate.
• Cash-Out Refinancing: Access the equity in your home for major expenses like renovations or debt consolidation.
• Adjust Loan Terms: Shorten your loan term to save on interest or extend it to lower your monthly payments.

Contact Scott Fleming at (816) 223-4782 to discuss your refinancing or home purchase options.

Preparing your documents in advance ensures a smooth and efficient application process with Scott Fleming at PrimeLending. Here’s what you’ll need:

Proof of Income

• W-2 Forms: From the past two years to verify employment and income.
• Pay Stubs: Covering at least the last 30 days.
• Tax Returns: Required if you’re self-employed or have additional income sources.

Proof of Identity

• Government-Issued ID: A valid driver’s license or passport.
• Social Security Number: Used to pull your credit report.

Credit Information

• Credit Report: Scott will review your score and history to assess eligibility.
• Debt Documentation: Include details of any outstanding loans or credit card balances.

Proof of Assets

• Bank Statements: From the past two months to verify funds for a down payment and closing costs.
• Investment or Retirement Accounts: If using these funds, provide account statements.

Employment Verification

• Employer Verification: Scott may contact your employer to confirm job status.
• Self-Employed Documentation: Include business licenses, profit and loss statements, or 1099 forms if applicable.

Loan-Specific Documents

• Jumbo Loans: Additional documentation may be required for high-value properties.
• FHA Loans: Proof of eligibility for these government-backed loans.
• VA Loans: Certificate of Eligibility (COE) for veterans.

To start your application, contact Scott Fleming at (816) 223-4782 or email scott.fleming@fleminggroupkc.com today.