Your Local Premier Mortgage Lender


Apply for My Loan TodayAplicar Por Mi Prestamo Hoy


It’s free, secure, and takes less than 5 minutes.

WHY HOMETOWN MORTGAGE?



Personalized Loans


Get the right loan for your situation.


Quick Closings


Close your loan in weeks.


Great Support


Enjoy the personalized service you deserve.



ABOUT US


Elkhart Office

We are a family owned mortgage lender dedicated to making the home loan process simple and fast.





MEET OUR TEAM

We are Ready to Help You


Elkhart Office

Leslie Hochstetler

Fulfillment Manager

Sarah Smead

Fulfillment Officer

Karisa Oswald

Fulfillment Officer


Merrillville Office

Brenda Rees

Loan Partner to Dennis Wells

Jonathan Wells

Marketing Rep


Nappanee Office

Andrew Desimone

Processor

Angie Yoder

Processor

Jen Cripe

Processing Manager

Kim Humphrey

Processor

Traca Beck

Processor


THE RIGHT LOAN PROGRAM FOR YOU

Which Scenario Below Best Describes You?

FHA


I do not have a lot of money for a down payment.



 

Loan Features:

  • Great for First Time Homebuyers
  • Low Down Payment
  • Easy Credit Qualifying
  • Purchases can Include Rehab and Remodels
  • Easy Refinancing
Learn More

USDA


I live in a rural area and need financing for a home.



 

Loan Features:

  • Great for those with Low to Moderate Income
  • Up to 100% Financing
  • Flexible Underwriting Guidelines and Credit Qualifications
  • Household Income & Property Geographic Limitations Apply
Learn More

Conventional


I am able to make a larger down payment.



 

Loan Features:

  • Great for those with Moderate to High Income
  • As Little as 5% Down Payment (only 3% for First-Time Homebuyers)
  • 20% Down Payment Removes Mortgage Insurance Premiums
  • Flexible Terms
Learn More

VA


I am an active member of the military or a veteran.



 

Loan Features:

  • Designed to Provide Financing to American Veterans
  • Up to 100% Financing
  • No Monthly Private Mortgage Insurance (PMI)
Learn More

FHA 203k Limited


I want to buy a fixer upper or improve my current home.



 

Loan Features:

  • A Single Loan Finances Home and Less Extensive Non-Structural Repairs
  • Mortgage Balance can be Greater than the Purchase Price
  • No Professional Consultants, Engineers, or Architects Required
Learn More

Doctors


I am completing my residency and want to buy.



 

Loan Features:

  • Flexible Down Payment Options
  • Up to 100% Financing
  • No Monthly Private Mortgage Insurance (PMI)
Learn More

DU Refi Plus


I had a conventional loan before 2009 and owe more on my mortgage than my home is worth.



 

Loan Features:

  • Increased Underwriting Flexibilities
  • Refinances Existing Fannie Mae Loans made before May 31st 2009 for Today’s Low Interest Rates
  • No Mortgage Insurance Premiums Required if Mortgage Insurance was not Required at Start of Existing Loan
Learn More

FHA Manufactured Home


I want to purchase a manufactured home.



 

Loan Features:

  • Great for First Time Homebuyers
  • Low Down Payment
  • Easy Credit Qualifying
  • Easy Refinancing
Learn More

WHAT WOULD YOU LIKE TO DO?



YOUR HOME LOAN EXPERIENCE

Our Process Allows us to Close Loans in Weeks



Step 1


You Apply and get Pre-Qualified


Step 2


We Prepare Your Preliminary Documents


Step 3


We Meet with You to Sign Documents


Step 4


We Process Your Loan and Order Your Appraisal



Step 5


We Underwrite Your Loan


Step 6


Our Underwriters Issue a Conditional Approval


Step 7


We Work Together to Satisfy all Outstanding Conditions


Step 8


We Send Back Requested Conditions to our Underwriter



Step 9


Additional Documentation may be Requested once Conditions are Reviewed


Step 10


We are Issued a Clear to Close


Step 11


We Schedule Your Closing with Title Company and all Parties


Step 12


Title Company Prepares Your Closing Documents and Executes Closing


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REQUIRED DOCUMENTATION FOR A HOME LOAN

When You Apply for a Home Loan You Will Need to Provide the Following Documentation

Purchase Loan
Copies of Federal Tax Returns (all pages/schedules) and W-2’s for Prior 2 Years
Most Recent 30 days of Pay Stubs with YTD Gross Earnings
Most Recent 2 Months of Bank Statements (all pages)
Asset Statement (401K, brokerage accounts, mutual funds, stocks, etc.)
Signed Loan Application
Driver’s License and Social Security Card
Signed Purchase Agreement
12 Months Cancelled Checks for Verification of Rent and Rental Agreement
Other Documentation may be Required

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YOUR REFINANCE EXPERIENCE

Our Process Allows us to Close a Refinance Loan in Weeks



Step 1


Determine Why You Want to Refinance


Step 2


Contact Us


Step 3


Apply for Loan


Step 4


We Review Your Credit



Step 5


We Will Give You Details of Your Refinance


Step 6


You Provide Required Documentation and We Order Appraisal


Step 7


We do a Final Underwrite


Step 8


We are Issued a Clear to Close



Step 9


We Schedule Your Closing with Title Company


Step 10


Title Company Prepares Your Closing Documents and Executes Closing


Step 11


Your 3 Business Day Recession Period Starts


Back to Resources


REQUIRED DOCUMENTATION FOR A REFINANCE

When You Apply to Refinance You Will Need to Provide the Following Documentation

Refinance Loan
Copies of Federal Tax Returns (all pages/schedules) and W-2’s for Prior 2 Years
Most Recent 30 days of Pay Stubs with YTD Gross Earnings
Most Recent 2 Months of Bank Statements (all pages)
Asset Statement (401K, brokerage accounts, mutual funds, stocks, etc.)
Signed Loan Application
Driver’s License and Social Security Card
Mortgage Statement or Coupons
Other Documentation may be Required

Back to Resources



VISIT US

Our Office Hours are Monday through Friday 9 AM – 5 PM

Elkhart


Merrillville


Nappanee




CONTACT US

How Can We Help You?

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