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Let's embark on the journey of how it all started
Our pledge to excellence in providing personalized mortgage solutions for your unique path to financial success and homeownership.
Get in touch
Who we are
Patriot Financial Inc was created in 2005 to provide financing solutions and customer service experiences second to none in the mortgage industry for all homeowners. Patriot Financial Inc has three main objectives it strives to achieve on every transaction.
To obtain a customized mortgage for our clients by utilizing our knowledge of the products available with our partnership of many lenders, both big and small.
To make sure that the loan process is as quick and hassle free as possible ensuring a great customer service experience.
Lastly to absolutely handle your situation with an up front and honest approach where the quotes you get in the beginning match the paperwork you sign in the end.
Overall, we view our company as a one stop shop for all types of mortgages for people from all walks of life. We aren't looking to create a one and done relationship, we want to be your lender for life.
14 days
Avg. Closing Time
1000+
5 star reviews
26
Years of mortgage experience
Licensed in 14 states currently
California
License #603E281, Loans will be arranged or made pursuit to the California financing law.
Colorado
License #MB-1642
Connecticut
License #MB-1642
Florida
License #MBR2637
Maryland
License #16761
Minnesota
License #MN-NO-1642
New York
License #RMB 207894, Registered mortgage broker-NYS Department of Financial Services. Arranges mortgages with 3rd party providers.
North Carolina
License #B-149996
Oregon
License #ML-4352
South Carolina
License #MB-1642
Tennessee
License #MB-1642
Virginia
License #MC-5503, Licensed by Virginia State Corporation Commission.
Washington
License #510-MD-31032
Washington DC
License #MLB1641
Our simple home loan process
Pre-Approval
Before house hunting, potential buyers should get pre-approved for a mortgage. This involves submitting financial information to a lender who then evaluates credit history, income, debts, and assets to determine how much they can lend and at what interest rate.
Loan Application
Once pre-approved, buyers can start looking for a home within their budget. After finding a property and agreeing on the price, they formally apply for a mortgage. This step requires updated detailed financials and documentation.
Lock Rate
When you lock in a rate, you and the lender agree to a specific interest rate for your mortgage. This rate remains unchanged irrespective of market fluctuations during the lock period. The lock-in period usually ranges from 15 to 60 days, though it can be longer.
Loan Processing
The lender processes the application, which includes verifying all the information provided by the applicant. They may request additional documents or clarification. During this stage, an appraisal of the property is also conducted to assess its market value.
Underwriting
In this critical phase, the underwriter reviews all documentation and decides whether to approve or deny the loan based on criteria like credit score, debt-to-income ratio, and property value. This is where the lender takes on the financial risk of the loan.
Closing
The final step is closing. This involves signing a variety of legal documents that finalize the mortgage agreement. The buyer typically pays the closing costs, and the ownership of the property is transferred. Once this is completed, the buyer is now the new owner of the home!
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