5 Good Reasons to Choose Flagstar Wholesale

At Flagstar Wholesale, we understand that purchasing and financing your home can be confusing, complicated, and time-consuming. 

That’s why we provide you with mortgage options that are quick, easy, and hassle-free with no hidden fees or costs. Here are five good reasons to choose Flagstar Wholesale when you’re ready to refinance your home.

1) They offer low-interest rates

The fact that Flagstar does business directly with homeowners and banks means they can offer low-interest rates on mortgage loans. 

You can get some of the lowest interest rates in Michigan by financing with them, even if you have less-than-perfect credit. 

Online refinancing: Because they work directly with both lenders and consumers, they've created a smooth online refinance application process that takes as little as 20 minutes and doesn't require any paperwork. 

In addition, once you start working with them, most of your communication will be done via email or over the phone – saving you time and effort. 

No minimum credit score requirement: While most companies set minimum credit scores before allowing a consumer to apply for a loan, there is no such requirement at Flagstar wholesale.

2) The approval process takes just 24 hours

Getting pre-approved takes time, and it can be a lengthy process that can make you anxious about whether or not you’ll be approved. At Flagstar, you can refinance your home loan in just 24 hours thanks to our super-fast lending process. 

The next day, you’ll have all of your documents back along with an approval letter in hand. It couldn’t be easier!

3) They have many lending options

You can find a way to refinance your home with Flagstar. Whether you want a jumbo loan, are self-employed, or have bad credit, they’ll help you find a solution. 

Just make sure that you compare their rates and terms carefully with those of other companies before signing any contracts. 

Although some people choose to refinance for convenience's sake—it seems like an easier option than applying for a traditional mortgage loan—that isn’t necessarily true for everyone. 

For example, if your credit is great but you lack savings, it might be hard to save enough money for a down payment. 

If that’s true for you, then online mortgage pre-approval might be your best option as it will let lenders know about your situation upfront.

4) There are no hidden fees and no prepayment penalties

Banks are notorious for charging fees on mortgage loans—and if you try to refinance early, they can charge you up to two years' worth of prepayment penalties. 

It's a shady way of locking borrowers into an agreement for as long as possible, but with Flagstar wholesale, it's not something you have to worry about. 

Prepayment penalties are not only forbidden by law in certain states, but they're also against Flagstar's policy. You won't have any sneaky fees or unexpected costs when working with them. 

Also, unlike a bank, there is no waiting around; your loan documents can be prepared within hours and your funding is available within a few days after that. To refinance home loans with them and avoid these costly delays or hidden fees!

5) They have excellent customer service

When you refinanced your mortgage through them, did your experience lead you to believe that they have excellent customer service? 

Does their support team really go out of their way to take care of you? In today’s competitive market, it can be difficult for any company that’s not a household name to offer superior service. 

But Flagstar Wholesale, prides itself on excellent customer service and have multiple levels of support available when needed. 

Whether you need help with an application or want general information about rates or loan terms, their in-house staff is dedicated solely to customers like you and will go above and beyond when it comes time for everything from getting a pre-approval letter up through closing.