How do I apply for a mortgage?

There are a number of ways you can get started with your application.

• Call us at (310) 402-0276
• Email me
• Online Application

What type of refinancing programs does Nationwide Wholesale offer?

There are two types of full documentation refinancing that Nationwide Wholesale offers: Rate/Term Refinance and Cash Out Refinance.

A Rate/Term Refinance allows you to pay off your existing mortgage and include the new closing costs in the new mortgage amount. This type of refinance program can be used to reduce your interest rate, loan term or both.

A Cash Out Refinance allows you to turn the equity you have built up in your home into cash which you can use for a variety of purposes. Many of Nationwide Wholesale's programs allow for cash out.

Does Nationwide Wholesale offer a "Streamline" refinance program?

If your existing loan has a higher than market interest rate, you may be eligible for a "streamline" refinance program at Nationwide Wholesale. Streamline Refinancing allows you to lower your interest rate and monthly payment while providing a minimal amount of documentation. (Cash out at closing is not allowed for any of these programs.)

What are the main types of mortgages?

The most common mortgages are fixed and adjustable rate mortgages.

Fixed-rate mortgages offer the stability of regular monthly payments over a given length of time, or term. Many people feel these are ideal because they make it easy to budget family finances and there is no rate risk.

Adjustable-rate mortgage (ARM) programs offer you the flexibility of an initial interest rate and payment lower than a standard fixed-rate mortgage. ARM mortgages may also be a great option for homebuyers who do not plan to stay in their current home for a long period of time.

What is a VA mortgage?

The Veteran's Administration (VA) loan program is sponsored by the U.S. Government's Department of Veteran's Affairs. These loans are provided to credit-worthy individuals who have given military service to the United States and have been honorably discharged, or to those who currently serve in one of the branches of the military.

You may be eligible for this loan if you are/were:

• an honorably discharged veteran
• an active duty service member
• an un-remarried surviving spouse of a military service member
• a Reservist, or
• a National Guardsperson

What is an FHA mortgage?

FHA loans are government insured loans through the U.S. Department of Housing and Urban Development, also called HUD. These loans provide an excellent start for first time homebuyers, offering options such as a low down payment or a low closing cost option.