CHEER SQUAD
Such a pleasant and easy loan process! Jamie was wonderful from beginning to end.
Elizabeth M
Jan 20, 2022
Jamie was so easy to work with. She answered all of our questions in a timely manner and took the time to explain anything we asked.
Danielle A
Dec 09, 2021
Process went as smoothly as could be hoped for.
Jacob P
Dec 09, 2021
It was an absolute pleasure to work with you. Superb service!
Julius D
Dec 05, 2021
The process was very simple and streamlined!
Robert A
Nov 30, 2021
Jamie and her team were certain to keep the line of communication open even when the realtor wasn’t responding. I absolutely LOVE this team and they’re a God sent. Jamie sat down with me and reviewed every detail of the loan and what it would look like long term. Her team gave great financial advice. Jamie was even available to help troubleshoot some things she truly didn’t have to. This team went ABOVE and BEYOND their duties to ensure my buying process was successful and went so smoothly. A definite 10/10 would highly recommend!
Charles F
Nov 20, 2021
Jamie was such a calming force in a stressful process! We loved her!
Amanda W
Nov 18, 2021
Jamie and her team were extremely communicative and made the entire process seamless. I don’t know if it could have gone any better. They are fantastic at what they do and have an excellent system.
Michael W
Nov 17, 2021
Jamie has a great team and they all ROCK.
Gary B
Oct 26, 2021
Every single bit of it.
Desneige V
Oct 26, 2021
Jamie and her staff were efficient and so great at keeping me in the loop of what was going on. They made refinancing so easy and worry free!
Christie C
Oct 07, 2021
Jamie makes usually a stressful process seem effortless.
Her Team & her are very personable and communicate every step of the way. We Wouldn’t go anywhere else!
Austin W
Oct 06, 2021
Jamie is awesome and what she does and makes the process senseless and easy!
Rachel W
Oct 01, 2021
Great with communication and keeping me informed!
Lela F
Oct 01, 2021
Jamie and her team are awesome! The entire process was so easy and stress free!
Tammy R
Sep 29, 2021
Jamie was absolutely amazing from start to finish! She communicated with us every step of the way! She’s on top of it! There were no surprises or hiccups that can often happen. She even took time out of her busy schedule to appear at closing and see the deal wrap up! I would recommend Jamie to everyone!
Jodie R
Aug 10, 2021
This was our second time using Jamie. She is always so quick to answer all of your questions and a joy to work with.
Ashley S
Aug 07, 2021
Really awesome and very helpful.
Annabelle B
Aug 06, 2021
Jamie was great to work with! Answered all of my questions and was always proactive. Love her positive energy and willingness to help out in any way possible.
Jessica J
Aug 04, 2021
Jamie and team made the entire process extremely easy and seamless. They were always willing to chat over the phone and answer questions and were on top of every step. Jamie took the extra step to make signing fun and to make sure everything was correct for closing day. I cannot say enough good things about the experience.
Madison P
Aug 03, 2021
Very efficient.
Jeremy B
Jul 26, 2021
Jamie and Virginia were so helpful and communicative through the entire process. Both my client and I were impressed by their attention to detail and kindness. Thank you for such a smooth transaction!
Bryan R
Jul 23, 2021
Very friendly staff. You explained everything very well.
Alan S
Jul 23, 2021
very nice people very professional and very helpful
Walid A
Jul 20, 2021
Excellent communication and service!!
Jennifer C
Jun 16, 2021
Yall are what I would call a high octane company. You get it done as fast and accurate as humanly possible. I will recommend you to friends and family without a second thought. Thank you so much
Shawn H
Jun 14, 2021
I was very pleased with how you stayed on top of each process and having everything ready to close early. Hope to work with you again in the future.
Jennifer D
Jun 11, 2021
Jamie did an exceptional job and communicated well throughout the transaction. Great job!!!
Justin T
Jun 08, 2021
Great with first time homebuyers.
Ricardo M
Jun 07, 2021
Jamie and her team are so friendly and knowledgeable! They helped us with everything and anything we needed to get our loan for our house! I will recommend them to anyone looking to get a loan for a house!
Cassandra J
Jun 05, 2021
Accomplished in a proficient and professional manner
Lincoln F
May 16, 2021
Very responsive and super helpful. Everyone we worked with was great and we will definitely recommend to anyone who ask. Thank you
Kellie M
May 01, 2021
I loved working with Jamie! She was friendly and fast and was able to help me afford the house I wanted while staying within my monthly budget
Kelsey C
Apr 23, 2021
Jamie and her team were were so personable. I really appreciated the time she took to discuss every step of the process.
Noel S
Apr 23, 2021
Jamie is always ready to help and treats you like her family. Wonderful experience!
Jennifer W
Apr 03, 2021
Jamie and the team did a fantastic job the whole way through! This was our first home purchase and you all did an outstanding job helping us navigate the process and explaining things that were new to us. You exceeded our expectations and were surprisingly the easiest part of the whole purchase!
Brooke L
Mar 26, 2021
I love her soooooooo much!!! Amazing person!!
Taylor P
Mar 26, 2021
Jamie and her awesome team made our purchase a very smooth and enjoyable process.
Gennie C
Mar 22, 2021
Jamie Abbot and Team members
Hurley C
Mar 19, 2021
Jamie always made time for questions and explained things I didnt understand.
Tina E
Mar 15, 2021
Everything went smooth with no surprises.
Kevin D
Mar 12, 2021
Jamie Abbott and her team are wonderful to work with. They make you feel very at ease with the process and help out anyway they can.
Michelle K
Mar 12, 2021
I had a fantastic experience with my home refinance. Very good communication and fast process.
Shawn C
Feb 25, 2021
Great experience!! Could not believe how easy they made the whole process. We would never use anyone else for any of our mortgage needs in the future
Christopher A
Feb 01, 2021
Everything went smoothly!
Jeff J
Jan 02, 2021
Jamie is very knowledgeable about her work. She is very friendly and respectful and I will definitely refer friends to do business with Jamie. She vividly explained the pros and cons of deals that I have been through the whole process of buying a home. Thanks so much for making me comfortable and making my life easier. I am looking forward to making business with you.
Yosief A
Dec 31, 2020
Jamie and her team are the absolute best in what they do!
Mitch H
Dec 30, 2020
Jamie is the best! She always closes on time and provides great customer service. I know I can always depend on her to have the best interest of her customers.
Brandie K
Dec 17, 2020
Jamie made the process fast and she has the best personality.
Melissa C
Dec 14, 2020
The very friendly ladies that worked with me. They were so easy to talk with and very knowledgeable about the questions I asked. It was a very comfortable experience for me being a widow. It was a great experience. Thank you Jamie and Virginia and Kendra.
Judi M
Dec 11, 2020
Jamie and her assistant made the whole process a simple and pleasant experience! We highly recommend them!
Cathlynn R
Dec 11, 2020
MORTGAGE
We want to make your home financing as easy as it can be. With Prosperity Mortgage, you can relax while we handle the details.
Get Prequalified before you shop for a house
You can get a loan before you even select a home. A Prosperity home mortgage specialist can perform a pre-qualification or pre-approval so that you'll have a good idea of how much you can afford. Once you've found a home, and a seller has accepted your offer, you are ready to move to the Application process.
- You will know the loan amount you qualify for so that you know what home price range to shop
- Save time to narrow the list of homes to ones that fit your price range
- Discover any credit challenges early in the process we can resolve them at the beginning of the process
- Confidently make an offer as soon as you find your dream house
- Sellers will consider your offer more strongly with a prequalification letter over one that is not
- Your agent will ask for this as it improves your chances of getting the house you want
There are no fees or costs to getting pre-qualified, but it is a vital step in the home buying process. Call us today!
What is the difference between Prequalified and Preapproved
Prequalification: This is an overview of your credit profile that is an important step to writing offers for new homes and one we highly recommend. It just means that you have not submitted the documentation that will be required to verify your income, financial statements showing enough assets to close and you have not yet met the underwriting guidelines of the program you are going to select once you find the home of your dreams.
Preapproval: If you have a little more time at the beginning of the process, we always recommend getting Preapproved. A preapproval is the start of the formal application process before you find the property and is more thorough review of your financial position and ability to qualify for a home.
Why get Preapproved for a Mortgage?
- You’ll be able to move faster to find the house you want
- Most of the paperwork will be out of the way so you can close your loan faster
- You will be able to move to the top of the offer stack as your income, assets, and ability to buy has been verified
- Sellers know you will be less likely to have a delay in closing
- In competitive markets, this is another feather in your cap
Mortgage Loan Process
Buying a house is one of the biggest decisions you will make in your lifetime. Our goal is to make the process as smooth and hassle-free as we can. Understanding the process will give you the knowledge you need to get started.
- Step in Getting Prequalified or Preapproved
- Application
- Processing
- Underwriting
- Closing
You can get a loan before you even select a home. One of our home loan experts can perform a pre-qualification or pre-approval so that you’ll have a good idea of how much you can afford. Once you’ve found a home, and a seller has accepted your offer, you are ready to move to the Application process.
Once you’ve selected a home, your home specialist completes the mortgage application, gathers information about the property you want to buy, and collects personal information, such as income, assets, and employment history. For a complete list of information that you need to provide, see the Application checklist.
Once your application is complete, a loan processor reviews your file and verifies your information. We order a credit report to determine your credit history and credit score. We also order an appraisal of the property.
An underwriter reviews your file and determines whether your loan will be granted and issues the loan approval. The underwriter may request additional information during this review process.
Once the loan is approved, the closing process begins. Our closing department prepares closing documents and sends closing instructions to the title agent. The title agent is responsible for examining the title of the property and working with you for an acceptable closing date. At the closing, you’ll sign papers, pay closing costs, and finalize the transaction. Now it’s time to move into your new home.
Lower Payments*. Consolidate Debt. Pull Cash Out.
*By refinancing your existing loan, the total finance charges may be higher over the life of the loan.
Should I refinance my house?
First, start by asking yourself one of these questions.
Has your income increased? Do you need to consolidate debt? Has the equity in your home increased? Do you need money for a major expense? Has your credit rating improved?
If the answer is yes to any of these questions than we encourage you to call one of our home loan experts to give you a refinance evaluation. It costs nothing but could save you thousands of dollars in interest, pay off high balance credit cards, or help pay for college or unexpected expenses.
Knowing your options is the most import part of the refinance decision so Call us today!
What is a Cash-Out Refinance?
As you pay down your mortgage or as home values increase over time, a cash-out refinance allows you to use a portion of your equity and turn it into cash. The great news is you can use that cash however you want. Home improvements, unexpected expenses, college tuition or just to check a destination off your bucket list.
When is the best time to turn that equity into your house and use it as you see fit? That answer is up to you and can be used to fit your current needs.
Some of the more chosen reasons for utilizing a cash-out refinance are to:
- Remodel of you home
- Pay off high-interest credit cards or auto loans, neither of which is tax deductible like mortgage interest
- Help with life events like a growing family
- Bucket List Reduction
- Elimination of student debt
What can you do to update/upgrade your house with a Renovation Loan?
A renovation loan will let you do almost anything with your home. Some loans are used on smaller projects like ordinary repairs or cosmetic updates. These types of renovations loans typically don’t have minimum loan requirements for the repairs or upgrades you want to make to your home. These loans are limited to non-structural repairs with maximum loan amounts around $30,000.
With these types of loan, you can improve things like:
- Repairing or replacing your roof and gutters
- Redesigning your kitchen or bath
- Landscaping or adding a deck
- Buying new appliances
- Getting new windows, doors or floors
- Making your home energy efficient
- Upgrading plumbing, electrical, heating or cooling systems
- Ask a home loan expert (bolded and hyperlinked to find a loan officer)
Need to do more extensive renovation? We got you covered!
We have other programs that are specifically intended to make major repairs or changes to your home. These will have a minimum loan amount but the good news is you can borrow up to the value of your property plus repairs/renovation. Here are some examples:
- Room additions or adding a second floor
- Major remodeling that requires structural work
- Foundation or other structural repairs
- Projects over six months
What is the difference between a fixed-rate and an ARM mortgage?
A fixed-rate mortgage offers an interest rate that is steady throughout the life of the loan. Fixed-rate mortgages offer the security of always knowing exactly what your monthly loan payment will be. The interest on ARMs can fluctuate (up or down) periodically. The interest rate on ARMs offers an opportunity to save on interest costs. However, you are protected from rates getting too high, because a safe ARM has annual and lifetime rate caps, which limit how high your rate may go.
KNOWLEDGE CENTER
MORTGAGE PAYMENT CALCULATOR
Estimate your monthly mortgage payment using the calculator below. Simply enter the purchase price of the home, loan term, and details about the home loan. Please note that escrow for taxes and insurance is not required for loans with down payments of less than 20 percent. Some of this information may be difficult to determine on your own; please contact a mortgage specialist to review the most accurate monthly mortgage payment for the area you are purchasing.
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COPYRIGHT 2022 | PROSPERITY MORTGAGE | ALL RIGHTS RESERVED
PROSPERITY MORTGAGE IS AN EQUAL OPPORTUNITY EMPLOYER THAT WELCOMES AND ENCOURAGES ALL APPLICANTS TO APPLY REGUARDLESS OF AGE, RACE, SEX, RELIGION, COLOR, NATIONAL ORIGIN, DISABILITY, VETERAN STATUS, SEXUAL ORIENTATION, GENDER IDENTITY AND/OR EXPRESSION, MARITAL OR PARENTAL STATUS, ANCESTRY, CITIZENSHIP STATUS, PREGNANCY OR OTHER REASON PROHIBITED BY LAW.