*Below is a list of frequently asked questions for your convenience.
What are the costs of obtaining a mortgage loan?
Mango Mortgage is a no fee lender, meaning we charge you ZERO closing costs for our services. Check out WHY MANGO? to learn more about our no fee policy. Some items you may want to budget for are Title Fees & Down Payment.
Having trouble saving? We have finance coaches and Down Payment Assistance plans to help.
What types of loans does Mango Mortgage offer?
Mango Mortgage specializes in providing our clients with a wide range of loan products. We offer traditional financing such as Conventional, FHA, VA & Down Payment Assistance.
Additionally, we have access to out of the box products including Bank Statement Loans, High Balance Conforming and 1.5% Down.
Learn more about our LOAN PRODUCTS. Don’t worry if you’re not sure what best fits your unique situation, that’s what we’re here for!
How long does the loan process take?
Usually the loan process takes approximately 30 days. However, on average, Mango Mortgage can close your loan in as little as 3 weeks! If you have a full pre-approval with us before making your offer the process can take even less time. Click the APPLICATION to get started.
How often will I hear from Mango Mortgage throughout my transaction?
We are exceptional with communication, get ready to be best friends with your Mango Mortgage Loan Originator. You’ll receive texts and phone calls often throughout the process so you’re never left wondering what’s happening with your loan. Once under contract, we will provide Loan Status Updates to you and your realtor every week on Tuesday & Friday. That being said, we welcome COMMUNICATION from our clients at any time.
How long does it take to get pre-approved?
Ready to be pre-approved? We can have a pre-qualification complete in less than a day. To get started, complete our online APPLICATION.
What documentation do I need when refinancing a home?
Similarly like purchasing a home, the following documents are typically all that’s required when refinancing. Depending on your specific situation & type of loan you’re applying for, we may ask you to provide additional items.
– Photo ID
– Past two years’ W-2s or 1099s
– Past two years’ tax returns
– Past 30 days pay stubs
– Mortgage Statement
My credit score is low, can I still get approved?
We aren’t strangers to helping clients with poor credit, which is why we offer LOAN PRODUCTS specifically designed for individuals with credit scores as low as 580. Additionally, we have a great credit repair company on speed dial. They will help to get your credit where you’d like it to be, all at no cost to you.
How do I get started?
To get started, CLICK TO APPLY below.