Conventional loans are the most widely used mortgage option, offering competitive rates and terms. With as little as 3% down and broad property eligibility, they’re ideal for buyers looking for flexibility.
FHA loans make homeownership possible with low down payments and more lenient credit requirements. They’re a great choice for first-time buyers looking to break into the housing market with confidence.
VA loans offer zero down payment and reduced fees for active duty service members, veterans, and eligible spouses. This powerful benefit helps America’s heroes achieve the dream of homeownership.
Jumbo loans provide the extra borrowing power needed for high-value properties. With loan amounts up to $3 million (and more by exception), these loans are designed for larger homes without the need for PMI under 89.9% LTV.
USDA loans support buyers in eligible rural areas with no down payment and affordable terms. They’re a great fit for those seeking homeownership outside urban centers.
Renovation loans let you finance both the purchase price and the cost of improvements in a single mortgage. Ideal for turning a fixer-upper into your dream home.
Reverse mortgages allow homeowners 62 and older to access their home’s equity without monthly mortgage payments. A powerful tool for supplementing retirement income.
I’ve been working with Tim Serratt since 2017 — from purchasing my home to several refinances — and most recently, he helped get my new loan approved! Even though I’m on the West Coast and he’s on the East Coast, he always makes me feel like I’m his top priority. He’s incredibly responsive, always answers my calls and questions right away, and goes above and beyond to make the process smooth and stress-free.
I truly appreciate his dedication and professionalism. No matter where I am or what kind of loan I need, he’s the only person I trust to handle it. Highly recommend — a true 5-star loan officer!
Cheers to 8 years friendship Tim🥂 and cheers to new chapter of our life in the new house 🏡 🥂
The Serratt team is proud to partner with Contour Mortgage, a multi-state, full-service mortgage lender that has been serving consumers with their home purchase, refinance, and renovation financing needs since 1993.
From first-time buyers to seasoned investors, our wide range of loan products is designed to fit every situation. Whether you’re looking for a conventional mortgage, FHA or VA loan, jumbo financing, or even renovation and specialty programs, we’ll help match you with the right solution. With flexible options and personalized guidance, we make it easier to achieve your homeownership goals.
Flexible Loan Programs for Every Borrower
Not everyone fits the traditional mortgage mold — and that’s okay. At Contour Mortgage, Tim & Liz Serratt offer a wide range of programs designed to help self-employed professionals, investors, and even international buyers achieve their goals.
If you own a business or work for yourself, qualifying can feel tough. We make it easier with programs that use:
- Bank Statements – 12–24 months of deposits to show income.
- Profit & Loss Statements – 1–2 years of CPA-prepared P&L without the need for tax returns.
Turn your savings and investments into qualifying income. We can use funds from:
- Checking & savings accounts
- Securities & investment portfolios
- Retirement accounts
For 1099 earners and contractors, we offer:
- 1099 Income Programs – qualify with your 1099 forms
- Employment Verification – a simple employer letter may be all that’s needed
If you’re purchasing rental property, you can qualify based on the property’s income instead of your own.
- Great for seasoned or first-time investors
- Works for short-term rentals and condos
Helping international buyers invest in U.S. real estate.
- Available even without a U.S. credit score
- Cash-out and investment options available
- Overseas assets may count toward reserves
Frequently Asked Questions
Buying a home can feel overwhelming, and it’s normal to have questions along the way. That’s why we’ve put together answers to some of the most common concerns about the mortgage process—from timelines and required documents to rates, approvals, and closing costs. Explore the FAQs below to get clear, straightforward guidance and feel more confident about your next steps.
The mortgage application process can vary depending on several factors, including the type of loan, documentation readiness, and market conditions. On average, the process can take anywhere from a few weeks to a couple of months. Tim Serratt will work closely with you to ensure the process is as smooth and timely as possible.
Common documents include proof of income (pay stubs, W-2s), employment verification, bank statements, tax returns, and identification. Tim Serratt will guide you through the specific requirements based on your loan type and situation.
Pre-approval is an estimate of how much you can borrow based on preliminary information. Approval is the final decision after a thorough review of your finances and the property details. Pre-approval helps you understand your budget, while approval secures the loan.
Interest rates are influenced by economic factors, your credit score, loan type, and down payment. Tim Serratt stays updated on market trends to help you secure the best possible rate.
Closing costs include fees for title insurance, attorney services, taxes, and other expenses. Typically, they range from 2% to 5% of the loan amount. Tim can provide a detailed estimate to help you budget accurately.
A higher credit score often qualifies you for better rates and terms. Tim Serratt can provide strategies to improve your score if needed, enhancing your mortgage options.
Yes, a rate lock ensures your interest rate remains unchanged during the loan processing. Tim will discuss the terms and benefits of locking in your rate based on current market conditions.
Refinancing can lower your monthly payments, reduce interest rates, or allow you to tap into home equity. Tim Serratt will evaluate if refinancing aligns with your financial goals.
Building a strong financial profile, ensuring accurate documentation, and working with a trusted mortgage expert like Tim Serratt can significantly enhance your approval chances.
If issues arise, such as appraisal problems or financing delays, Tim Serratt will work with you to address them. In some cases, you may negotiate an extension or walk away, depending on the terms of your contract.
Take the first step toward your mortgage journey. Our straightforward application process is designed to make it easy for you to qualify and secure the best possible rates. Let’s work together to find the perfect mortgage solution for your needs.