What to expect
We understand that purchasing a home is one of the biggest purchases in a lifetime. We've streamlined our process to ensure that the experience of obtaining your mortgage is as smooth and stress-free as possible. Typically, once the loan documents are signed and delivered back to us, you’ll receive your funding in 5 to 7 days!
Why we should work together
Get Approved NOW for the Best Home Loan for You!
- Apply in 8 minutes
- Eliminate paperwork
- Day 1 Certainty! You get Pre-Approved as quickly as possible so you can go home shopping!
PROFESSIONALS GETTING THE BEST DEAL FOR YOU!
Behind the scenes, the professional expertise of a licensed mortgage lender ensures that:
- While other lenders have only a few options, you get best deal for your personal needs from more than 400 loan options.
- A professional is monitoring the bond markets to lock your interest rates at the lowest point before closing.*
- We help you balance your down payment with program requirements for cash reserves to minimize your monthly mortgage payment.
- You’re offered all eligible down payment assistance and no-down payment loan options.**
- You can include renovation costs into your low-interest mortgage, and the loan interest is tax deductible. Renovation options go beyond remodeling to include solar, pools and re-builds. (restrictions apply)
- We provide a fully underwritten pre-approval – not a pre-qualification – so you and Realtors know precisely how much you can buy, your offer is more likely to be accepted, and you can close more quickly than competing bids if necessary.
BUY THE HOME YOU WANT
- Because we have a great local reputation, Realtors know that your Pre-Approval is solid and your offer is more likely to be accepted over competing bids.
- Because you have a Pre-Approval, your deal will close, eliminating risk that the transaction will be delayed or fall out. In fact, we guarantee we will close on time or we’ll waive $1,500 at closing.***
- We communicate and collaborate on your home purchase so you get what you want, even on nights and weekends.
Ask about our special programs for sellers, including cross-qualifying buyers, to learn which offer is a ‘real’ deal. Find out why loanDepot has the highest-rated customer service according to clients on LendingTree. (https://www.marketwatch.com/press-release/lendingtree-announces-top-customer-rated-lenders-by-loan-product-for-q2-2018-2018-07-20)
GET STARTED NOW AT: loanDepot.com/mstowers
*Interest rate lock requires a deposit to 0.500% of the loan amount. Upfront deposit fully refundable at closing if buyer chooses to close with loanDepot, or if the buyer unable to find a property with 60 days remaining on the 120 day or 150 day lock. If buyer cancels loan with a chosen property within the lock period, there will be no reimbursement for any out-of-pocket, loan related costs including the lock deposit. Rate-adjustments for Extended Locks vary by lock term. Other terms and restrictions apply. Please discuss options with your loan officer.
**For qualified buyers using an approved down payment assistance grant. It is important for you to know that the smaller your down payment percentage, typically, the higher your interest rate. Minimum credit score and debt-to-income (DTI) requirements, annual income limits and purchase price limits apply. First time home buyer education required. Not all applicants will be approved.
***To be eligible, the borrower must make a complete mortgage application within 48 hours of the purchase contract date (including all required documentation or any request for additional documentation) with Michael Stowers only, and provide a completed purchase contract within two days of the contract date. Available on Conventional and FHA loans only, and excludes renovation loans. Final underwriting approval consists of a thorough review of all income and asset documentation, the property appraisal, and the preliminary title report; as well as any other documentation deemed necessary by the underwriter prior to the loan papers being prepared. Loan must be locked and all loan requirements and conditions must be met at least 10 business days prior to the set closing date. Offer void if subject property is unacceptable to appraisal or damaged from natural or criminal disaster during contract period. The loan application must be dated at least 30 days prior to the scheduled closing. Acts of God (e.g. floods, storms, death, etc.) adversely affecting either party’s ability to perform may void this guarantee. Delays due to borrower’s action, inaction, or omission (e.g. being unavailable, not providing requested documents in a timely manner, etc.) may void this guarantee. Borrower must close and funds disbursed on the loan through loanDepot. Any guarantee fee or refund will be paid at the discretion of loanDepot. Offer valid through June 1, 2019. Additional restrictions apply.
Rates, terms, and availability of programs are subject to change without notice. loanDepot.com, LLC NMLS ID 174457 (www.nmlsconsumeraccess.org). Michael Stowers, NMLS 60866. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act CRMLA 4131040.
CA LIC# CA-DOC60866
Mortgage Education Videos
Manraj Singh from Vista , CA via Zillow
Meredith and Michael helped me secure a loan on a property very quickly. They work fast and are extremely knowledgeable in their areas. I was particularly happy with the depth of knowledge with regards to ADUs and construction loans. I will be looking to work them in the future aswell.
Mark with Air Pros from San Diego , CA via Zillow
Mike & his team at Loan Depot helped my family refinance with a great loan that will protect our most precious asset for years to come. Thanks Mike & Loan Depot!
promos from El Cajon , CA via Zillow
Mike helped me refinance to a spectacular rate during the COVID-19 crisis and the major refinancing boom. The process was smooth and orderly and I always felt comfortable with Mike at the helm. Mike's knowledge, experience and how he cares for his customers put him a notch above his competitors. HIGHLY RECOMMENDED!!!
jonathan3271 from Spring Valley , CA via Zillow
The San Diego team is the best. They helped me get a loan when other lenders couldn’t. This purchase in 2019 turned out to be a great asset to my portfolio
Chris Hansen from Santee , CA via Zillow
Mike's knowledge and ability to explain mortgages, the mortgage industry and financial markets is impressive. I have refinanced at least twice with Mike and his team and couldn't be happier with the service and attention.
Jonathan from San Diego , CA via Zillow
I want to thank Michael and his staff for all of their assistance throughout this entire process. They Really took the time to search and find a loan package that fit our needs. They were very knowledgeable and professional at all times. I would definitely recommend them to anyone! Thank you Loan Depot you really exceeded our expectations!
llennon from San Francisco , CA via Zillow
Mike and his team have been incredibly helpful and patient. We are new home buyers in the crazy California Bay Area market, and it can be a stressful and overwhelming process. Mike and his team answer emails quickly, go above and beyond to get you helpful information, and don't pressure you into making a move that isn't right for you. We are still in the process (haven't found the perfect place yet!), but they have been the positive light in this daunting process. Will definitely continue to work with Mike, and will do so for any other home purchases or refinancing we do moving forward.
jfmunger from Tucson , AZ via Zillow
I'm really impressed. Michael really knows his business! He helped me understand what I needed and then got it done fast! Great job, Michael! I appreciate all your help. No question that I will recommend you to everyone I know who needs a Motgage Broker!
Escondido , CA via Zillow
I put off refinancing my home for years. I have been the victim of credit fraud and my last lender from when I bought my home was less than forthcoming with all of the consequences of an adjustable mortgage. Needless to say, I have trust issues with giving someone all of my personal information which is why I put it off as long as I did.I was introduced to Imortgage by a friend and found that others I knew had already done business with Michael Stowers and had great experiences. I met with him and his team and explained my fears of the mortgage system. He assured me that Imortgage was different and he followed through with making sure the process was painless and straight forward. He even mentioned that due to the company I worked for, I would qualify for a couple hundred dollars off of the associated costs of the loan.The process was so easy and transparent. That really helped to put me at ease. My wife and I were very happy to finally get out from under that adjustable rate mortgage. When the truth in lending statements came through, the notary and escrow company they are associated with were awesome as well. They met with us at a coffee shop to be able to get things done on time. I didn't even care when I noticed that there were no discounts mentioned on the paperwork. I know if I had brought it up, Michael would have fixed it, but I was just ecstatic about how knowledgeable he was about the market and the options I had available to me. I was saving thousands every year with this refi. Talk about follow through, I received a call from Michael about two weeks after the closing. He was reviewing all of the final docs and realized the discount mistake. They sent me a check ! Now that's worth five stars in my books. I would highly recommend that You give Michael Stowers and his team over at Imortgage a chance to help you the way they helped me.
San Diego , CA via Zillow
My experience with Mike Stowers is not limited to the painless refi he helped us through. He and I have known each other since I can remember. I consider him a dear friend now as a result of our doing business together.He served us professionally and very expeditiously. Mr. Stowers has ALWAYS treated me and my family as he would want to be treated if he were in our shoes. I am thankful to have had Mike to call on.BM
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