Kate Sappenfield is a Home Mortgage Consultant with Wells Fargo Home Mortgage based in downtown San Diego. She is a 17 year seasoned and dedicated mortgage banking professional, with extensive knowledge and expertise in all aspects of residential mortgage lending.
She takes an individualized and customized approach in obtaining the best terms for every client she serves. She is respected by industry peers, referral sources and clients. Consistently, she is a President’s Club member, excels in providing client satisfaction, and ranks in the Top 1% nationally among Wells Fargo Home Mortgage Consultants.
QUALIFYING FOR A LOAN
Qualifying for a loan is something you should handle at the very beginning of the home buying process. You may have to meet several different sets of criteria for different entities, such as the mortgage company, the mortgage insurance company, the government agency which will guarantee the loan, and others if you are looking for alternatives to a fixed-rate loan. These guidelines can change as the market changes.
First, you should decide on the kind of loan that will suit your needs–fixed-rate, adjustable, government-guaranteed--then locate sources for such financing. You will then need to determine the loan requirements and the amount for which you qualify. These steps will save you a lot of time and energy when you are shopping for a home.
Mortgage professionals specialize in matching your financial needs with the best financing plan for you. We know the mortgage market and how to qualify individuals for home loans.
THE MORTGAGE PROFESSIONAL’S JOB
In the complex world of home buying, many people are not aware of the valuable help offered by a mortgage professional. A mortgage professional works for the lender and sells the loan to the homebuyer. They know the increasingly complicated world of mortgages and take the time to get to know your personal financial situation. Such personal relationships have been known to create a miracle for applicants who are not "perfect" borrowers.
One of the most important services offered by a mortgage professional is an evaluation of the prospective homebuyer in the early stages of the process. Buyer pre-qualification quickens the process of obtaining a loan. The lender must ultimately give formal loan approval, but a mortgage professional’s expertise can assist you in obtaining the best financing for your new home.
For professional and individualized advice on any aspect of home mortgage financing, please call Kate at 619-615-3613.