Loans approved after
one application
We’re here to make the process easier for you.
Leave the formalities with the banks and all of the documentation on us.
Get a better rate
Real-time accurate rates and closing costs for a variety of loan programs custom to your specific situation.
Services
Free consultation
Our experienced loan officers provide free consultations to help home buyers find mortgage programs for their financial goals.
Free credit review
Get a free, personalized credit review to have a stress-free application process and simplify your mortgage journey.
Structure file properly
We provide exclusive customer service and reliable assistance to ensure that your loan file is complete and accurate.
Personalized reports
We send detailed monthly reports to our clients on their mortgage progress, home value growth, and refinancing opportunities.
Private money solutions
Our fast, flexible funding solutions help home buyers and real estate investors unlock the door to dream properties.
Foreigners consultation
We give expert advice to foreign borrowers interested in taking advantage of the US real estate market.
Better than a bank
Whether you want to buy your first home or refinance your current mortgage – we have the best rates and a variety of loan programs custom-made for your specific situation.
About us
LBC Mortgage was purposefully created by our founder Alex Shekhtman to help friends, co-workers, family members, and residents. In time we established a reputation as a trustworthy provider of comprehensive real estate mortgage services and keep growing steadily.
What you can expect from the LBC Mortgage team? Prime, worry-free, cost-effective, and time-saving customer service as we only recruit highly qualified professionals.
Client Reviews
46 Reviews
31 Reviews
Journal
How not to mess up your chances of mortgage approval
Believe it or not, getting mortgage approval is not as hard for the majority as keeping it. However, there are a few bumps in the road, so to speak, that you should avoid.
The entire process of a mortgage approval takes about 30 days, give or take, and during this time, any events may affect your loan. For instance, losing your job or becoming ill will significantly affect your mortgage loan approval. In addition, during this time, the lender has a right to revoke your mortgage approval.
Of course, such life-changing events are not easy, if not, at times, impossible, to control. However, there are a few things you can keep in check. With that in mind, here is a list of things you should avoid doing between the date of the application and the date of funding. Each one of these items could instigate a revocation of your approval.
Find out new 2022 California conforming loan limits here.
Step by step
It would be best if you refrained from career changes, such as leaving your current job to change industries or start your own company. This also includes switching from salary to commission-paid job.
Buying or leasing a new, more expensive car might not be a great idea either. Of course, if your lease is about to expire, you would have to renew it. However, you should consult with your loan officer first.
Avoid transferring large sums of money between accounts.
Pay your bills on time, and this one goes without saying.
Avoid opening new credit cards, even if they offer excellent conditions. Remember, any further inquiry on your credit report will have to be explained to the lender.
Refrain from random undocumented deposits to your accounts. This includes cash gifts without proper paperwork. Undocumented cash deposits will provoke the lender to disallow the gift.
Of course, these are just a few things we came up with. Indeed, there is more. Our mission is to help you through this complicated process and successfully fund your loan.
Get subscribed to our newsletters and receive FREE guide on how to buy properties smart!
Everything you need to know about Conventional Loans
Conventional loans, also called conforming mortgages, are ideal for first time buyer and follow simple conservative guidelines: borrower’s credit score, minimum down payments and debt-to-income ratios (a percentage of monthly income that has to be spent on pay off all borrower’s loans, credit cards and child support).
Who can qualify for FHA Loans
FHA loans are mortgages insured by Federal Housing Administration. FHA loans are known for lower lending standards and are highly popular among first time buyers with low credit scores. One of the most beneficial advantages of FHA loans is the allowance to get a loan with a down payment of as low as 3.5%.
