FAQ

The Superior Mortgage TEAM Frequently Asked Questions Is the rate the same for ZERO Down loans as it is for loans that have a down payment? YES. Can I apply On-Line? Yes, goto www.SuperiorMortgage-NM.com and click on the loan application, but be sure & select Wes Moore (NMLS#205189) as your loan officer. It is a secure web page. We can also take your application over the phone at 505-275-0200, but you must speak with Wes Moore. What kind of documentation do I need to furnish? For most borrowers, we simply need 2 years tax returns, 2 month's bank statements, and 1 month's paystubs. How Much Does it Cost To Be Pre Approved? Your Credit report ic purchased from Kroll Factual Data. They charge us between $21 and $65 dollars depending upon how much work they have to do to it. We pass that cost onto you. We receive an origination charge of $999 on all loans at your closing. We only receive a fee if your loan closes. Many times this fee may be paid by the seller.