Frequently
Asked Questions
What is a Whale loan?
A whale loan is any loan over $650,000.
What do I do if I don’t need this much of a
loan?
Our network of lenders has gone to great lengths to workout
special pricing and loan parameters with their investors to
offer premium pricing for our Whale clients. You may still
want to talk to one of our loans specialists or we can also
strongly recommend another web source for information regarding
other loans. Interest-onlyloans.com
has had a #1 reputation for customer satisfaction and we have
had a referral relationship with them for some time.
Does this service cost anything?
No. This
service is provided 100% free and there is ZERO obligation.
How many lenders will contact me?
Only one. We believe in each of the lenders in our system.
Each one should be able to offer you the same professional
service.
Will you pull my credit report?
No, We will never pull your credit. Credit reports are an
important part of the mortgage process but, will not be accessed
without your permission usually when you have decided to proceed
with the loan process.
Self
Employed?
Many self employed people have had difficulty obtaining
a loan for a home due to a variety of reasons. One is
having to document income and employment through personal
and business tax returns. Whether You have good credit
or bad credit, being self employed brings its own challenges
for obtaining loans through banks and other conventional lenders.
There are several programs tailored for the self employed,
let us help you get the loan you need.
Self-Employed
Mortgage Loans
•No Income Verification
•Easy or No Doc Mortgages
We have helped many self employed professionals nationwide,
obtain the low rate mortgages for a new purchase, refinance
or get cash out. Whatever your situation is, we have
lenders who want your business. We have specialized
programs dedicated to fitting the individualized requirements
of the self employed borrower.
Are we a broker, lender or loan originator?
No. We are simply an avenue to the consumer for researching
our specialized network for the best possible pricing, professionalism,
and products. We are not a mortgage lender, broker or loan
originator.
Is there a way I can contact you?
Yes, we are here to questions you may have about whaleloans.com
and our process. questions@whaleloans.com.
We also would appreciate it if you would take the time to
complete the simple Lender Evaluation survey. We are very
interested in the loan experience you have with any of our
lenders.
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