You Know the Drill
You’ve done it before, let us help you do it again. We’ll guide you through the process and get you into the right loan for your situation. Here are some ways we can help you build your real estate portfolio.
New Primary Home
We can help you develop a strategy for buying a new home and selling or keeping your current home.
Second or Vacation Home
We’ll help figure out your down payment and financing options for a second home in the mountains or wherever your dreams take you.
Investment or Rental Property
We’ll find the right loan options that maximize your cash flow and your equity positions.
Why Choose the Ultimate Lending Team?
If you’re looking to refinance your mortgage, we have the resources, products, and assurances to make it happen. We are a team of open, honest, and empathetic individuals invested in your success.
Exceptional Service
To successfully refinance your home, you need a team you can trust. We are honored to be the trusted lending expert for thousands of our clients.
Competitive Rates
We are constantly finding the lowest rates around and assuring that you can get the best loans. The Ultimate Lending Team is on your side!
Variety of Loan Options
You can get a better interest rate and pay less in interest overall by shortening your mortgage term to a 10, 15, 20, or 25-year fixed.
Client Reviews
-
Nolte & his team were super helpful and communicative! They helped demystify the process and gave us a clear understanding of our options at every step along the way. We... Read More loved working with them and would definitely recommend others work with the Ultimate Lending Team 🙂 Read Less
6/23/2021Jim, Amy, and the rest of the Ultimate Lending Team was great about quickly answering all of our questions. Jim talked us through a variety of rate and point options... Read More and allowed us to make our decisions without any pressure. The communication was great throughout the entire process and we always knew what to expect next. The turn around times between interest, pre-approval, rate quotes, and time to closing were very fast allowing us to make a competitive offer. Read Less
6/03/2021Jim provides first class service, every time. I have worked with him on numerous transactions over the last few years and as a Realtor, it is extremely comforting to know... Read More that once my clients sign up to work with Jim, I no longer need to have any concerns on the lending side of things. Read Less
2/07/2014 -
Jim was absolutely outstanding from start to finish. He and his team stayed on top of our transaction, had clear and effective communication and were flexible throughout the process. I... Read More can not wait to work with Jim again! Thank you for your knowledge, professionalism and commitment to making this transaction smooth and enjoyable! Read Less
4/29/2019The team at Ultimate lending has now helped me with two mortgages and both were incredibly smooth (even with complex finances and multiple party mortgages). Both my loans closed on... Read More time and never felt rushed or stressed, and one had to be put together in a couple weeks during the holidays. Part of this is probably due to the unique circumstance of sharing an office with their underwriters, allowing clear, personal communication throughout the process. I feel great about the options that Jim shopped for and, after doing my own research, discovered that he was very thorough in finding the best available interest rates. I'd recommend getting your mortgage in place before picking a house so that you can come to the bargaining table with money already spoken for. I'd highly recommend Ultimate lending and I intend to use them again if I ever buy another property or house. Read Less
3/11/2019Very helpful, informative, and friendly. Great group to work with!
11/08/2019
Home Buyer FAQs
Your first move is to get pre-approved for a loan. After you’ve been pre-approved, you can know more specifically the price of the home that you can afford.
A pre-qualification is an estimate of what you may be able to borrow. This is a fast way to get a look into the price range for your home. Pre-approval means a financial institution has partnered to work with you and has reviewed your finances arming you with more leverage when making an offer.
A pre-approval is the lender’s written commitment to finance your home purchase up to a specific amount. Getting pre-approved is a smart idea for the serious home buyer. Real estate agents and sellers of homes want to make sure you are a bona fide buyer. With a pre-approval letter in hand, they will not have to wonder if they are wasting their time with you. You have the clout of a buyer ready to make a valid offer right now!
The good news is you no longer need 20% for a down payment! There are different loan options, but the average down payment is now 3% to 5%. You also don’t have to put any money down if you, or the property you’re purchasing, qualifies for a VA or USDA loan. Learn more about the different types of loans Ultimate Lending Team offers.
Mortgage insurance compensates a lender for losses in the event of a default on a mortgage loan. In other words, if a borrower falls behind on obligations, mortgage insurance covers the lender. PMI is generally required for mortgage loans for those who cannot generate at least a 20 percent down payment for the conventional loan, however there may be options available to you that we can tell you about!
An escrow is used to fund insurance, property taxes, and homeowner’s association dues. This is managed by a third-party, done through your mortgage payments. It tends to prevent late fees, coverage delays, or liens on your home.
You can always walk away from a deal, but in some cases you might have to give up your earnest money. This normally amounts to about 1%-2% of the price of the house.
The Ultimate Lending Team is built for speed. You can close on your new loan in as soon as 2 weeks.
Loans Offered
Conventional Mortgages
Keep a low rate from the beginning of your mortgage to the very end! We will help you find the lowest rates possible at a term that makes sense for you.
Jumbo Mortgages
Looking to buy high-value or luxury real estate? Our jumbo mortgages have low rates for higher valued homes.
FHA Loans
Down payment got you down? Don’t worry! We provide FHA loans with down payments as low as 3.5%.
VA Loans
We offer $0 down mortgage options available to veterans, service members, and select military spouses.
Investment Properties
We have home loan experts who specialize in investment property mortgages to get you earning a return on the investment ASAP.
Additional Options
We have loans for virtually any situation. Adjustable-rate or interest only mortgages and cash-out refinances. Contact us to see what is best for you!