ERIC S. PETERSON

Mortgage Lenders, LLC

Honesty | Integrity | Trust

WELCOME

Eric Peterson Has Been Helping People Finance Their Homes for Over 30 Years. With Over 10,000 Loans Closed, He is Committed to His Client's Best Interests and Consistent with His Delivery of Service Excellence.

Over the Cliff

For over 30 years, I have successfully provided the best financing solutions for my clients. In today’s complex online mortgage and real estate environment, it is difficult to find and understand what is best for your situation. Big banks and mega-lenders defer their audience to online web accounts and call centers. As my client, however, you will work directly with me, an industry expert, throughout the entire transaction. 

Together we will identify, structure, and package the best loan program at the most competitive rates to meet your specific needs and accomplish your goals.

WHEN BUYING A NEW HOME

Before you begin looking for your new home, it is essential to be preapproved for a mortgage loan. With a preapproval letter in hand, you can shop for your home knowing what your loan amount is and how different loan amounts will affect your monthly mortgage payment. This will let you know what price range to keep your home search within. It will also show that you’re a serious buyer with the financial ability to move forward with a purchase and strengthen your offer.

Luxury Home

FOR MORE INFORMATION OR TO SCHEDULE AN
IN-PERSON OR PHONE APPOINTMENT, PLEASE COMPLETE THE FOLLOWING:

As we get started, here is an important summary of today’s mortgage financing industry:

In recent years, the mortgage industry has become heavily regulated.  New federal laws and oversight have strengthened underwriting guidelines and created new legal standards for mortgage eligibility.

 

This tightening of guidelines has made it more difficult to obtain a full mortgage loan commitment. Industry statistics prove this: Of all pre-approved home buyers, approximately 75% of residential mortgage applicants close. This 25% fallout rate is quite high, yet, mortgage industry advertising continues to broadcast that getting pre-approved is easy.  This wide-spread messaging sets inappropriate expectations and puts home buyers at risk.

Unlike the industry, my clients' closing rate is nearly 100%. Ensuring a successful closing starts at the very beginning. Our first step is to have an in-depth meeting, by conference call or in-person. During this time, we’ll develop a comprehensive strategy to the home buying and mortgage approval process. After, you will have an excellent understanding and be on the best course for a successful closing.