Your Mortgage Consultant
We make the home loan process as simple as possible by guiding you through every step.
2003 7th Street North
Lynne Mosley (NMLSR: 7369) has over thirty years of experience in mortgage lending. Lynne is licensed in Alabama and can help with mortgage loans in all areas of the state.
With Lynne’s extensive knowledge and experience, you can rest assured that she will work hard to get you the very best loan available. You should expect an easy, enjoyable experience when purchasing or refinancing your home with Lynne.
Lynne has been working in the Birmingham metro area since 1993 and has advertised on WDJC for over 20 years. She resides with her family at Lake Mitchell in Clanton.
I'm here to answer allyour mortgage questions
Do I need to save for a 20% down payment?
No! With FHA loans you can get approved for as little as 3.5% down, VA and USDA loans can offer you $0-down options, and with Private Mortgage Insurance (PMI) you can get into your new home with less than a 20% down payment. Whatever your situation, you have options.
Are Pre-Qualification and Pre-Approval the same thing?
No. Pre-qualification and pre-approval are two different things. Pre-qualification means that a mortgage lender has reviewed your financial records and believes you will qualify for a loan. A pre-approval is a conditional committment from a lender that they will lend you the money for a mortgage.
What's the difference between an adjustable and a fixed rate mortgage?
A fixed rate mortgage means that the interest rate is set when you take out the loan and will not change. With an adjustable rate mortgage, the interest rate may go up or down after a certain amount of time. Many adjustable rate mortgages will start at a lower interest rate than fixed rate mortgages.
What is Private Mortgage Insurance (PMI)?
Private Mortgage Insurance (PMI) is a type of insurance you may be required to pay if you are taking out a conventional mortgage with a downpayment that is less than 20% of the home's overall value. If you refinance your home with a conventional loan and your equity is less than 20% of the home's value, you may also be required to pay PMI. Private Mortgage Insurance protects the lender in the event that you stop making payments on your loan.
Can I access my home equity before I finish paying off my loan?
Yes! Your mortgage advisor can help you find the right refinance and reverse mortgage options to help you access your home equity before you've finished paying off your loan. This can help with covering the cost of remodels, college tuition, long-term care plans, and more! Talk to your mortgage advisor to find out how you can access your home equity to cover any of your life's needs.
What do I do if I can't afford my mortgage payment anymore?
The first thing you should do in the event that you can't afford your mortgage payments anymore is reach out to your lender. An experienced mortgage advisor can help you find options, such as refinancing or restructuring your loan, to help you keep up with your payments. Always reach out to your lender to ensure that you can keep up with your payments and stay in your home.
Calculate Your Mortgage Payment
"Our mission is to provide financing solutions that positively impact lives and make a difference in the communities where we lend."
Explore the local area.Find restaurants, delivery, movers, and more...
They increased prices 2x after they redecorated. Decent food but Not worth it in my opinion. Should be $$$
My Home Mortgage
The ProsperityNow app is a mobile application that helps Loan Officers enhance relationships, stay ahead of the competition and close loans faster! Loan Officers stay front and center with individually branded apps!