Raeann Rice - CMG Financial Mortgage Loan Officer NMLS# 419094 in Bangor, Maine

Services Offered

Raeann Rice offers a variety of mortgage lending services including:

• Home Purchase Loans
• Refinancing Options
• First-Time Homebuyer Programs
• Investment Property Loans

Cost Range

While specific pricing details for mortgage services can vary based on individual circumstances, factors such as loan amount, credit score, and type of loan will influence costs. It is best to contact Raeann Rice directly for a detailed consultation and cost estimate tailored to your situation.

Local Tips

If you're considering a mortgage in Bangor, Maine, understanding the local real estate market can be a huge advantage. Bangor has a diverse housing market with a range of options from historic homes to new constructions. Partnering with a knowledgeable local lender like Raeann Rice can provide valuable insights and a smoother mortgage process.

FAQs

What is the first step in applying for a mortgage?

The first step is to get pre-approved. This involves assessing your financial situation, which includes reviewing your credit score, income, and existing debts to determine how much you can borrow.

How long does the mortgage approval process take?

The mortgage approval process can vary, but typically it can take anywhere from 30 to 45 days from application to closing. This timeframe can be influenced by factors such as the completeness of your application and the current real estate market conditions.

What documents are needed for a mortgage application?

Common documents required include proof of income (like pay stubs or tax returns), bank statements, credit history, and identification. Raeann Rice can provide a comprehensive list based on your specific situation.