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Loan Process

Step 1. Understanding Your Loan Needs. Your Personal Loan Officer will gain a full understanding of your loan needs.

Step 2. Approval Process . Once you and your Personal Loan Officer have identified your needs, the approval process will begin. Among some of the information that Pinnacle Loan needs in order to approve your loan are the following;

- Application
- Credit Report
- Income Documents
- Appraisal
- Title Search

Step 3. Closing your loan . In some situations, we can close your loan in as little as 14 business days!

VIEW A SAMPLE LOAN SCENARIO

Example:

The table below shows an example of a loan at Pinnacle Loan. The table shows the amount of money that a customer can save on their monthly bills after refinancing their home and consolidating their debt.

This example is based on a loan amount of $123,200 at an interest rate of 7.75% with an APR of 9.473%. Based on the example, the new total monthly payment would be $1,012 dollars - that's a savings of $698 a month. The house in this example is worth approximately $154,000. In this example, the customer also received approximately $3,500 cash out for home improvements.

Note: This is a real example, but it may not fit your specific situation. REQUEST a loan today and we may be able to apply a similar loan program to your own situation.

NMLS # 162360, Alabama Mortgage Broker #21123, Georgia Residential Mortgage Licensee #20231 and Tennessee Mortgage Broker #4221