Selecting the best mortgage plan is a key step toward achieving your homeownership goals. Amber Ernst at New American Funding provides personalized guidance to help you navigate this important decision. Here’s how Amber can assist you in choosing the right mortgage plan:

1. Assess Your Financial Situation: Amber will review your income, middle credit score, debt-to-income ratio, and savings to determine which mortgage options best suit your needs.
2. Explore Loan Options: Whether you’re considering a jumbo loan, conventional loan, FHA loan, or VA loan, Amber will walk you through each option and help you understand the benefits and requirements.
3. Understand Your Goals: Are you purchasing a luxury home or refinancing an existing mortgage? Amber will align your mortgage plan with your short-term and long-term financial objectives.
4. Interest Rate and Term Selection: Amber will help you decide between a fixed-rate mortgage for stable payments or an adjustable-rate mortgage (ARM) for lower initial payments, depending on your timeline and risk preference.

📞 For expert mortgage advice tailored to your needs, contact Amber Ernst at (563) 579-1097

Your middle credit score plays a crucial role in qualifying for the best mortgage rates and terms. Here are key steps recommended by Amber Ernst at New American Funding to help you boost your middle credit score:

1. Review Your Credit Report: Obtain a copy from the three major credit bureaus (Equifax, Experian, and TransUnion) and check for errors or inaccuracies.
2. Use Middle Credit Score®: This resource can help you understand your credit report, identify improvement opportunities, and provide actionable solutions to increase your middle credit score.
3. Pay Down Debt: Reduce your credit utilization ratio by keeping balances below 30% of your available credit. Prioritize paying off high-interest credit cards first.
4. Avoid New Credit Inquiries: Refrain from opening new credit accounts at least 6 months before applying for a mortgage to avoid lowering your score.
5. On-Time Payments: Ensure all bills, including credit cards, loans, and utilities, are paid on time. Setting up automatic payments can help you avoid missed due dates.

📞 For personalized credit guidance, contact Amber Ernst at (563) 579-1097

Absolutely! Whether you’re looking to refinance your mortgage or purchase a new home, Amber Ernst at New American Funding offers the expertise to help you through the process.

For Home Purchases:

1. Pre-Qualification and Pre-Approval: Amber can help you get pre-qualified or pre-approved to know your budget and make stronger offers.
2. Jumbo Loans: Ideal for purchasing high-value homes, Amber can help you secure competitive jumbo loan rates.
3. Tailored Support: From application to closing, Amber provides personalized guidance to ensure a smooth and stress-free experience.

For Refinancing:

1. Lower Monthly Payments: Amber can help you refinance to secure a lower interest rate, reducing your monthly mortgage costs.
2. Cash-Out Refinancing: Access your home equity to fund renovations, debt consolidation, or other financial needs.
3. Shorten Loan Term: Save on interest by refinancing to a shorter-term mortgage, like a 15-year loan.

📞 Ready to refinance or buy a home? Contact Amber Ernst at (563) 579-1097

Starting your mortgage application with Amber Ernst at New American Funding is seamless when you have the right documents prepared. Here’s a checklist to help you gather everything you need:

1. Proof of Income:
   • W-2 Forms for the past two years.
   • Recent pay stubs covering at least 30 days.
   • For self-employed borrowers, federal tax returns for the past two years.
2. Proof of Identity:
   • A valid government-issued ID (driver’s license or passport).
   • Social Security number for credit verification.
3. Credit History:
   • Amber will pull your credit report to assess your eligibility.
   • Details on outstanding debts (credit cards, student loans, car loans).
4. Proof of Assets:
   • Bank statements from the last two months to verify funds for your down payment and closing costs.
   • Retirement or investment account statements if applicable.
5. Additional Documentation:
   • For VA loans: Certificate of Eligibility (COE).
   • For FHA loans: Additional eligibility documentation.
   • For jumbo loans: Additional proof of income and assets may be required.

📞 For more information or to start your application, contact Amber Ernst at (563) 579-1097