“I look forward to helping you grow your personal wealth with a sound mortgage plan.”
Paul Defngin, Senior Mortgage Advisor, NMLS #199791
Building wealth for his borrowers through expertly thought-out mortgage planning is the cornerstone of Paul’s business strategy at The Yi Team Mortgage. Borrowers buying their first home, or their first investment property can have trust through his years of experience and hundreds of reviews that their transaction will close on time, without error, and without mystery on where they stand in the process. Paul practices what he teaches, and his own expertise has taken him from almost nothing to the owner of multiple investment properties. When not originating loans, Paul believes in family, he is a strong advocate for the firefighter community, and is proud to be the first civilian sponsor of some of their causes.
Frequently quoted in local publications such as the Washington Times for his mortgage expertise, Paul can’t wait to share what he’s learned to help you grow your personal wealth. Contact Paul today to get started on a sound mortgage plan.
Meet Your Amazing Team!
You have a team of talented mortgage specialists who are in your corner. Take a look behind the scenes and see how your mortgage comes to life!
Senior Mortgage Advisor
You’ve probably already talked to Paul. He is the quarterback of his team. Once he has structured your loan to accomplish all your goals, your loan will be passed on to Jen.
Jen will be your new best friend. She gathers all the documents and information to make sure your loan goes through the underwriting process without a hitch.
Senior Loan Processor
Alicia takes allllll the information that’s been collected and analyzes it so it can be presented in the best way possible to the underwriters. You probably won’t hear from Alicia directly, but just know you need her on your team. She’s gonna make you look good.
How Does This Work?
Although every loan is different, there are a few basics that you can expect to have happen when you apply for a home loan with Mortgage On A Mission.
The first one is great customer service! Expect to be wowed by these easy steps to start building your wealth with a well-planned mortgage.
We are dedicated to making your mortgage experience as easy as possible. We’ve developed a straightforward process for our home buyers that begins with a simple conversation and ends with a happy homeowner. Before you formally apply, we’ll start with a great conversation.
Start With A Conversation & Pre-Approval
Let’s get to know each other. We’ll talk over your home financing goals, set expectations for the process, and review your entire financial picture. It’s important to know how your loan works for you!
A crucial step in the mortgage process, getting pre-approved prevents you from missing out on your dream home, helps determine your budget and embeds any offer you might make with the weight of an entire local lending team.
Fill Out The Loan Application Online
With the help of your lending team, we’ll use the documents you’ve gathered for your online form to complete the loan application. Then, we’ll get to work on preparing your documents for you to complete.
Get All Necessary Docs In ASAP
The most time-sensitive step in the process, at this stage your loan disclosure documents will be prepared and sent to you to be signed. Complete this step as soon as you receive disclosures and be sure to send in all supporting documents with them!
Processing & Underwriting
Now the ball is in our court. Our in-house team of processors will work collaboratively and efficiently to review financial documents, order reports such as appraisal, and prepare your loan file for Underwriting.
An Underwriter will review your loan file to verify it meets lending requirements. This is when your loan is conditionally approved. If any further documents are needed we will let you know.
Clear To Close!
The path to homeownership is clear! Expect to receive a Closing Disclosure outlining the terms of your loan shortly.
Be sure to sign your Closing Disclosure 3 days before settlement as required to close on time!