Willow Grove PA Mortgage Lender

The Bill Mervin Team at Apex Home Loans

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Let us help you achieve your dreams

We’ve helped fund more than $250 Million in home loans

Whether you are buying a home, refinancing to a lower interest rate, refinancing to obtain cash or converting from an adjustable-rate mortgage (ARM) to a fixed-rate loan, we’ll help you choose the right loan. Reach out today for a simplified experience and find a home loan that help you achieve your dreams.

Are you looking for a mortgage calculator?  We have provided a monthly loan payment calculator for your convenience.  Click Here

FHA Loan is insured by the Federal Housing Administration. This is an attractive option for many first-time home buyers because it allows for lower down payment and easier credit qualifying.  READ MORE

A Conventional loan is one of the most popular types of loan programs and is ideal for home buyers with good credit scores. There are a variety of conventional loan programs with different minimum down payments. We lend both conforming and non-conforming (jumbo) loans.  READ MORE

Veterans Affairs (VA) loans are loans provided to active-duty military and veterans. These loans are guaranteed by the U.S. Department of Veteran Affairs. For those who qualify, VA loans are usually easier to obtain than conventional loans. READ MORE

Refinancing

Refinancing is the process of getting better terms on your current housing loan by taking out a completely new loan. This new-and-improved loan will leverage positive market conditions, and Bill Mervin Team can customize it to your financial goals. READ MORE

3 Questions Your Lender Will Ask When Applying for a Mortgage&How to Prepare for Them

 

Before a lender approves a mortgage they must first determine if you, the buyer, can afford a loan large enough to pay for a house. In order to determine this they will ask you several different questions about your financial qualifications.

Below is how you can prepare for these questions so that you can easily qualify and increase your chances of approval.

 

Income Stability

Having an income that is going to continue to be stable for the life of the loan is what the lender will be determining here. In order to display this you should document a steady employment, a stable income and if you have a former spouse, alimony payments that are stable and will be for the foreseeable future. Bank statements, pay stubs or tax returns from the previous three years will provide the documentation the lender will need.

 

Your Bank Account Savings

A lender will also be interested in the amount of money you have set aside in your bank account should you encounter hardships. This assures them that whether you lose your job or incur unexpected medical expenses that you’ll still be able to continue to make your mortgage payment on time.

If you’re trying to qualify for a conventional mortgage you’ll be required to have 3-6 months’ worth of expenses set aside in your bank account. Another option is to have that same amount set aside in liquid assets. For proof of savings provide your lender with your bank statements, or balance statements from any other account you may be able to get money from if needed.

 

Origin of Payment for Down Payment and Closing Costs

Some lenders overlook if a down payment or closing costs come as a gift from a family member, friend or employer. Other lenders, however, prefer that the money used for these costs come straight from your bank account. It’s a good sign for them to see that from the beginning you’re able to handle larger amounts without assistance. For those lenders looking for evidence that the money in your account in fact came from your own funds you will need to show proof as to when the money was deposited. Otherwise a gift letter from the family member, friend or employer if the money is being gifted.

A mortgage lender wants to know that making contributions to you and your new home is a wise investment. The more proof you can offer that your financial situation is stable and will continue to be for the duration of the time you’ll be making payments on your home the better. Solid documentation on your steady income and ample cash reserves help to assure the lender that they’re making the right decision and that you’ll be able to pay the mortgage and any associated fees. The more assurances you can give them the easier the decision will be. For more information on how to you can be sufficiently qualified and to find out more about what lenders look for in mortgage applicants contact a qualified mortgage professional.

For more information on our mortgage program, please contact Bill Mervin Team.

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BILL MERVIN TEAM - APEX HOME LOAN

Why the Bill Mervin Team?

Our team is comprised of Certified Mortgage Planners who take a holistic approach to the home loan consultation and cash flow  planning. 

As opposed to just spitting out an interest rate and monthly payment, we believe building a relationship and understanding a client’s entire financial picture and long-term financial goals allow us to counsel, educate and build a custom mortgage planning strategy. Our goal is for every client to make confident and well-educated home buying decision.

A solo loan officer’s job ends when their clients are placed in debt.

Our team feels that our job continues well beyond the day of settlement. Through our “Mortgages Under Management” program, we proactively monitor your loan program for the entire time you’re in the home, and have quarterly and annual touch-points to keep you informed throughout entire process. 

Call us at 215-910-4293 so we can walk you through the options

What Makes us Better?

Solo Loan Officer

  • Wears many hats
  • Transactional
  • Has a finite amount of time
  • Makes lots of promises
  • “Too busy” to follow up
  • Cookie-cutter approach

Bill Mervin Team

  • Focused on the partnership with clients
  • Leverages multiple peoples’ time
  • Sustainable & scalable
  • Highest quality service levels
  • Consistently delivers
  • Thorough support Staff
family buying a new home

Client Success Story

Excellent Team, Excellent Service!

Bill and his team were fantastic to work with! Our family had been dreaming of purchasing a bigger home and we wanted to make sure that we went into the process with much care and diligence. Bill and his team answered all of our questions and concerns, and we especially appreciated how quick they were to respond and move to action. I would definitely recommend this team to anyone who is looking to purchase a home!

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5/5
  • Low Down Payment Programs
  • Low Credit Score Programs
  • Customized Marketing Support
  • Strong Core Values
  • 95 Net Promoter Score
  • Consistently Close Clear & On-Time
  • Firm Established in 1998
  • Direct Lender
  • Cutting-Edge Technology
  • Consumer Connect Digital App
  • Wide & Diverse Product Mix
  • Heroes First Program

What our Happy Clients Have To Say
About Working With The Bill Mervin Team

newtown pa mortgage

Excellent Team, Excellent Service!

Bill and his team were fantastic to work with! Our family had been dreaming of purchasing a bigger home and we wanted to make sure that we went into the process with much care and diligence. Bill and his team answered all of our questions and concerns, and we especially appreciated how quick they were to respond and move to action. I would definitely recommend this team to anyone who is looking to purchase a home!

  • World-Class, White Glove Service
  • Chief Experience Officer (cXo)
  • Holistic Advisory Approach
  • 73-Step “Perfect Loan Process”
  • Detailed Milestone Updates for All Parties
  • Financial Market Technology & Rate Analysis
  • In-house Underwriting & Processing
  • Apex Approved Pre-Approval Process
  • Milestone Gifting Programs
  • Highly Personalized Marketing
  • Segmented, Specialized Team Roles
  • Speed, Accuracy & Results

Our team has created Mervin Missions to allow our staff to volunteer and support local charities in the community. Our Team has been fortunate to be involved with charity events since in 2013!

HOME BUYERS GUIDEBOOK

We don’t need an email address. We want a more educated buying experience for our clients.

  • What can you expect from the Bill Mervin Team
  • What credit factors do banks look at most
  • How to best manage your mortgage debt

Areas Served

  • Cherry Hill
  • Cinnaminson
  • Delran
  • Maple Shade
  • Moorestown
  • Mount Laurel
  • Voorhees
  • Bordentown
  • Deptford
  • Evesham
  • Mt Holly
  • Pennsauken
  • Sewell
  • Sicklerville

If you do not see your city listed, please call

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