My FSB Home Loan 24.1.003

Flanagan State Bank has introduced a comprehensive mobile application designed to enhance the mortgage lending experience, making it more straightforward for those looking to purchase or refinance. This application serves as a centralized platform for completing prequalifications, navigating the loan process, and receiving timely notifications and updates as the loan progresses towards completion.

The app facilitates secure document uploads, allowing borrowers to submit income documentation, bank statements, and other sensitive information directly to the bank. Additionally, real estate agents can register to receive pertinent updates tailored to their requirements, fostering improved communication and document sharing among all parties involved.

Key Features:

• Mortgage calculator that accommodates various programs and down payment scenarios to identify the optimal option for each borrower.
• Tools to assess potential savings or costs of refinancing your current mortgage, applicable for cash-out or rate/term refinancing.
• An analysis feature to determine if homeownership is the most advantageous choice based on current rental or mortgage payments and overall monthly expenses.
• Functionality to capture and securely upload financial documents (such as pay stubs and tax returns) directly from your smartphone.
• Easy access to essential contact information for your loan, including your Loan Officer and associated Agents.
• Notifications regarding crucial updates as your loan reaches significant milestones.

While the calculations available within the app can offer insights into potential loan qualifications, it is advised to consult a Loan Officer from Lighthouse Financial Services for precise qualification details. Loan Officers are readily available to address inquiries and guide you from the initial loan application through to closing.