Please go to www.ivydirect.com to quote.
The interest rate quoted from our website is the best market interest rate we offer to our borrowers.
The interest rate quoted from our website is the best market interest rate we offer to our borrowers.
After you have submitted the loan application, you may go to “Today’s Rate” section and click on “Update” to check the current Interest Rate.
For Purchase, you may lock the interest rate after Initial Application Package has been E-signed.
For Refinance, you may lock the interest rate after Initial Application Package has been E-signed and Appraisal has been ordered.
Please refer to CFPB’s link regarding this question at – https://www.consumerfinance.gov/ask-cfpb/what-is-the-difference-between-a-mortgage-interest-rate-and-an-apr-en-135/
During refinance process, some fees such as Title Company’s Settlement Fee, are counted as APR fee per compliance requirement. Even for no cost refinance, we need consider this fee’s impact first, calculate APR but cover the costs by lender credit at closing. However, because lender credit itself cannot be used to offset the fees directly when calculating APR, although customer’s cost is covered, the APR in loan documents still shows higher than interest rate.
We will send the Initial Application Package to our borrower within 3 business days after we received the complete loan application with all the necessary supporting documents.
We will not be able to predict or guarantee the movement of the interest rate market, therefore the Interest Rate will subject to market change until you lock the Interest Rate.
Please refer to Real Estate professional websites to estimate the property value. After receiving your application, we will run Freddie Mac/Fannie Me database during the preliminary review when preparing the initial loan package, if the value you input meets the database expectation, then appraisal will be waived; if the appraisal is not waived, then you will need to order appraisal later to determine the real value of the house.
Rate Quote
- Real-time rate quotes
- Transparent fee details
Online Application
-Submit application information and documents
-E-Sign loan application prepared for you
Conditional Approval
-Submit additional information and documents
Final Approval
Go to Closing
Normally this process will take 25 to 45 calendar days.
You may order the appraisal report as soon as you finished signing the Initial Application Package. Please go to “Appraisal” section to initiate the order.
You as the borrower will pay for the appraisal report fee. If the Interest Rate option you choose is the “No Closing Cost” option, Ivy Direct will refund the appraisal report fee by including the actual amount in the total Lender Credit.
No obligations. Signing the Initial Application Package only means you intend to proceed with the application.
No withdrawal fee. However, any Appraisal Report Fee or fees charged by your homeowner’s association or condo associations will not be refunded.
No. You will need to go to “Today’s Rate” section to complete Rate Lock.
No. You still need to bring funds to cover your own pre-paid items and the difference between the new loan amount and your current mortgage’s payoff amount.
Pre-paid tax and insurance: You will need to pre-pay your next Property Tax and/or Home Insurance balance if they are due within 2 months of loan closing.
Escrow Account Deposit: If you choose to have an escrow account with the lender, there will be some required initial deposit to cover your next Property Tax and/or Home Insurance due. And for refinance transactions, the funds you withheld in your escrow account with your current lender will be refunded to you after the refinance is complete.
Daily Interest: For example, if you close the loan and get the funds on 4/15, your first mortgage payment will be on 6/1. That payment will cover the interest accrued from 5/1-6/1. Therefore, you will need to pre-pay the interest from 4/15 to 4/30.
Currently we only offer loan products to listed residency status.
For additional information. Please click the links to review our detailed General Process and Lock Policy.
请登陆 www.ivydirect.com 查看利率。
网站上的利率就是我们在客户查询时的即时利率。
网站上的就是我们能提供的最好利率。
客户在提交了申请后可以随时到账户中“Today’s Rate” 项下点击“Update” 来查看最新利率。
买房贷款：签了Initial Application Package之后。
重新贷款：签了Initial Application Package 并且订了Appraisal之后。
请您参考消费者金融保护局CFPB的下列官方解释链接 - https://www.consumerfinance.gov/ask-cfpb/what-is-the-difference-between-a-mortgage-interest-rate-and-an-apr-en-135/
重新贷款（refinance）过程中产生的一些费用，例如过户公司的服务费，按照规定是要计算到APR之中的。对于无费用重新贷款（No Cost Refinance），我们需要先考虑这些费用的影响，计算出APR, 最后在过户时给客户退还Lender Credit来抵消相关费用支出。不过因为Lender Credit本身并不能直接放入APR的计算，所以虽然客户的费用性支出最后均被退还，但是文件上显示的APR依然比贷款利率要高。
收到完整的申请后我们最多3个工作日内会给客户发需要签字的Initial Application Package。我们没有办法预测利率市场变动，在此期间利率可能变差也可能变好，最终利率以您锁定的利率为准。
您可以参考相关网站上的信息估计一个价值并填写在申请中。我们会在您提交贷款申请后去查询Fannie Mae或Freddie Mac的数据库，如果系统认同您的房屋估值，两房就会给出Appraisal Waiver的结果，这样我们大多数情况下可以省去房屋评估（Appraisal）的步骤。如果系统没有给出Appraisal Waiver的结果，则我们需要做房屋估价报告 （Appraisal Report），并且以房屋估价报告上面显示的价值为贷款审批使用的房屋价值。
Quote
- Real-time rate quotes
- Transparent fee details
Online Application
-Submit application information and documents
-E-Sign loan application prepared for you
Conditional Approval
-Submit additional information and documents
Final Approval
Go to Closing
一般25到45天。
签了Initial Application Package马上就可以。点击“Appraisal”项即可在打开的页面里订Appraisal。
客户付Appraisal Fee，如果选择的是”No Closing Cost”, Ivy Direct 会在过户时候给的Lender Credit里面包含退还的Appraisal Fee。
没有。
不会。但是客户支付过的Appraisal fee和为了取得您物业管理公司的文件而支付的相关费用是不会退还的。
不是。需要您到Today‘s Rate 去锁定利率。
不是，需要预付prepaid items以及支付新的贷款和您原贷款清偿额之间的差值。
如果有escrow account, 会需要预存一些金额来保证银行有足够金额支付您下一次到期的房产税和房屋保险，但是当前银行的escrow account的余额也会退给您。 然后需要会预付daily interest，一版是指从我们实际发放贷款的日期到当月月末所产生的利息。（由于您月供中包含的利息是从发放贷款日期的下一个1号开始计算的）
如果您的移民身份不在选项中，说明我们公司暂时不提供相应的贷款产品。
如果您想了解更详细的信息，请点击链接查看： General Process, Lock Policy.