Frequently Asked Questions

We’re a mortgage lender located in Melville, NY. We provide reliable, efficient, and transparent residential mortgage origination services. Whether you’re looking to purchase or refinance your home, we’re here to take you step-by-step through the process.

We’re a mortgage lender. We directly issue the home loan to you, while a mortgage broker is more of a middleman between another party who will issue you the loan.

Whether you’re looking to buy or refinance, your first step is figuring out your budget. You can “Get Started” with us at the top right-hand corner of the page with a short questionnaire. Once complete, one of our loan advisors will contact you to talk about the next steps. We look forward to hearing from you!

Start by filling out an online application or by giving us a call. Once we get some background on your situation, we’ll start by getting you pre-approved for a mortgage.

Pre-approval is a formal review of your finances that gives you a precise range that you can afford when purchasing a home. To learn more, read our Mortgage 101 article on pre-approvals.

Pre-approval gives you confidence in what price range will work best for you and will tell potential sellers that you’re serious about purchasing a home.

To get a full list of the states we are licensed in, view our About Page and scroll down to the full map.

Good news! The home loan process can be done remotely. We also offer our RHF Go app for your smartphone so you can stay updated 24/7.

Yes, please click here for our Spanish application. Once it’s filled out, a Spanish-speaking Loan Officer will contact you.

There are different options ranging from single-family or multi-family homes, condominiums, and townhouses. Take a look around your area and let us know what you’re looking for so we can help with the loan! 

RHF Go is a free mobile app offered by us so you can keep up-to-date on your mortgage while you’re on the go! 

Here are the benefits of the RHF Go app:

• Calculate payments easily
• Learn more about the home buying process 
• Securely scan and upload documents
• Message your loan officer instantly
• Sign initial disclosures
• Get updates as you go

Here’s what you’ll need to get started with your pre-approval:

• Photo ID
• 2 Years of W2s
• Recent Pay Stub Covering a 30-day Period
• Recent Bank Statements  
• Completed Mortgage Application

• 2 Years of Personal Federal Tax Returns
• 2 Years of Business Federal Tax Returns
• Photo ID
• Recent Bank Statements 
• Completed Mortgage Application

• 2 Years of Federal Tax Returns/1099R forms
• Photo ID
• Social Security Award Letter
• Pension Award Letter
• Recent Bank Statements 
• Completed Mortgage Application

Refinancing is taking your current loan and replacing it with a new one, whether to lower your interest rate, lower your monthly payment, or another refinancing option.  Check out our Mortgage 101 article to learn more about refinancing.

Here’s a list of reasons to refinance:

• Lower your monthly payment
• Lower your interest rate
• Change the terms from adjustable interest rate to a fixed interest rate
• Change the length of your loan
• Get cash-out from the equity of your home

If you’re thinking about refinancing, our Loan Originators can help! Whether you’re looking for a cash-out refinance or want to lower your monthly payment, we’ll take you through your options.

While credit score is important, there may be a loan that’ll work for your financial situation. Check out our rate calculator or contact us directly for more information.

The DTI (Debt-to-Income Ratio) is the monthly amount you owe divided by the monthly gross amount you earn. The DTI is a way for lenders to review your debt and find the loans you qualify for.

Student loans are a form of debt and can affect your DTI ratio, but there are usually home loan options that will work depending on your financial situation. Contact us to find out!