Homeowners Mortgage and Equity Reverse Mortgage

Homeowners Mortgage and Equity, Inc., operating under the brand Preapproval.com, is a mortgage broker based in Huntington Beach, California. The company focuses on simplifying the home loan process for a diverse range of borrowers, from first-time homebuyers to seasoned real estate investors. They offer various traditional mortgage options, including Fixed Rate and Adjustable Rate Mortgages, encompassing Conventional, FHA, VA, USDA, and Jumbo loans.

A key specialization for Homeowners Mortgage and Equity, Inc. lies in Non-QM (Non-Qualified Mortgage) products, often referred to as Stated Income or No Income Documentation loans. These unique offerings cater specifically to self-employed individuals, 1099 contractors, foreign nationals, and investors who may struggle with traditional income verification methods. With flexible guidelines and a minimum credit score requirement of 640, these programs extend opportunities for both primary residences, second homes, and investment properties.

The company prides itself on a quick and painless loan process, often funding loans within 30 days. They provide online tools like mortgage qualifiers and rate quote comparisons to help clients navigate loan programs and terms effectively, emphasizing personalized service to ensure borrowers choose the mortgage that best fits their unique financial scenario.