Call us at (406) 770-7454 · NMLS #820270 · Serving 38 States!
SERVICE PATHWAYS
Your Clear Path to Approval
Choose the approach that fits your goals. Our structured pathways ensure a seamless journey to securing your ideal financial solution.
1-on-1 Scheduling
Connect directly with an expert advisor to discuss your unique financial situation and map out a personalized strategy.
Digital Form Application (Without AI)
Complete our secure digital intake at your own pace. A streamlined process designed to get you approved faster.
Brevi (with AI Assistance)
Apply with AI who can help navigate the application process for a seamless and easy time. The AI will be available to answer any questions.
Strategic Insights for
Your Loan Type
Refinance Solutions
What are the current refinancing rates and terms available?
Our refinancing rates are highly competitive and updated daily based on market indices. We offer a variety of term lengths, typically ranging from 10 to 30 years, to match your financial goals.
How long does the typical refinancing process take from start to close?
Most refinance applications are processed and closed within 30 to 45 days. Timely submission of required documentation can help expedite this timeline significantly.
What documentation is required to initiate a refinance application?
You will generally need recent pay stubs, W-2s, bank statements, and details about your current mortgage. Self-employed borrowers may need additional tax documentation.
Can I roll my closing costs into the new loan balance?
Yes, many borrowers choose to finance their closing costs by adding them to the principal balance of the new loan, which minimizes out-of-pocket expenses at closing.
Conventional Loan Insights
What is the minimum down payment required for a conventional loan?
Conventional loans typically require a minimum down payment of 3% for first-time homebuyers and 5% for repeat buyers, though 20% is recommended to avoid Private Mortgage Insurance (PMI).
Do I need private mortgage insurance (PMI) if I put down less than 20%?
Yes, if your down payment is less than 20% of the home's purchase price, lenders require PMI. This can usually be cancelled once you build 20% equity in your home.
What credit score is needed to qualify for the best conventional rates?
While you can qualify with a credit score as low as 620, securing the most favorable interest rates typically requires a score of 740 or higher.
How do fixed-rate and adjustable-rate conventional loans compare?
Fixed-rate loans offer stable, predictable monthly payments over the life of the loan. Adjustable-rate mortgages (ARMs) typically start with a lower rate for an initial period, after which the rate can fluctuate based on market conditions.
Bobadilla Home Loans
Bringing you expert mortgage solutions for a smarter, smoother path to homeownership. Let’s open doors together!
1011 HWY 2 WEST, Suite 400
KALISPELL, MT 59901
(406) 770-7454
[email protected]
Licensing & disclosures
Regulated by IDFPR – Residential Mortgage Banking
555 West Monroe St., Ste 500
Chicago, Illinois 60661
844-768-1713
For licensing information, go to www.nmlsconsumeraccess.org
Bobadilla Finance Team Home Loans, NMLS#820270/1660690
Corporate Address: 3100 West Ray Rd Ste 201 Office #209 Chandler, AZ 85226
For more information, NMLS Consumer Access Link: https://nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1660690
**NOTICE* - This is not a commitment to lend or extend credit. Restrictions may apply. Information and/or data is subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states
Sample content: © 2024 Bobadilla Home Loans. All rights reserved.
Sample content: Equal Housing Lender logo or icon placeholder