About Us
We believe youâre bright
ALTA Mortgage Solutions, powered by Loan Factory is a national direct-to-consumer mortgage company specializing in serving the Self-Employed and Real Estate Investors. We focus on Bank Statement Loans for the self-employed and DSCR Loans for real estate investors. Our mission is to help clients achieve and sustain the American dream of homeownership.
As a fully-digital direct lender, ALTA Mortgage Solutions utilizes advanced technology to tailor loans to your specific needs. While we excel in Bank Statement Loans and DSCR Loans, we offer a comprehensive range of loan products and advisory services. Contact ALTA Mortgage Solutions today to experience exceptional customer service and competitive interest rates.
Keep reading to learn more about how we can be the ideal partner in securing your home loan.
Our mission
At ALTA Mortgage Solutions, powered by Loan Factory, we are dedicated to minimizing your closing costs and ensuring transparency throughout the mortgage process. Our commitment to excellent customer service means you can trust that youâre getting a great deal on your home loan.
What sets us apart is our ability to craft highly personalized home loans tailored to your specific financial situation. Contact us today to explore our diverse range of mortgage products and discover how we can assist you in buying your home.
Frequently Asked Questions
What is a Mortgage Rate?
A mortgage rate is the interest rate on your home loan, affecting both your monthly payments and the total amount you repay. It varies based on factors like your credit score, loan type, and market conditions.
Should I Choose a Variable Rate or a Fixed Rate?
It depends. Variable rates may start lower but can change, affecting your payments. Fixed rates stay the same, offering predictable payments. Choose based on your preference for stability or potential savings.
How Can I Secure My Mortgage Rate?
To secure your mortgage rate, notify your lender during the application process. They will lock in the rate for a set period, shielding you from potential increases until your loan closes.
What Does a Mortgage Rate Hold Mean?
A mortgage rate hold lets you secure a specific interest rate with your lender for a defined period, ensuring you wonât be affected by rate increases while your loan is processed.
How Frequently Do Mortgage Rates Fluctuate?
Mortgage rates can fluctuate daily or even several times a day due to market dynamics and economic events. Staying updated with your lender can help you take advantage of favorable rates.
Get Your Mortgage Rate Quote in Just 30 Seconds!
Mortgage rates change every day, and your rate will vary based on your location, finances, and other factors. Get your FREE customized rate comparison below:
