Waterstone Mortgage

read moreAnd, for more than 20 years, Waterstone Mortage has worked with families across the nation, helping them achieve their homeownership dreams. While our goals has remained the same, we've come a long way over the years. Waterstone Mortgage was founded in 2000 in suburban Milwaukee. Our first office space was only 350 square feet - which was a tight fit, even for our small 3-person team. By 2006, Waterstone Mortgage had grown to 58 employees in two states. At the time, most of our business was made up of purchase transactions - a defining characteristic of our company to this day.

read moreSo you're thinking about taking the leap into homeownership. Congratulations! This is a big step filled with lots of excitement and jitters. If you're like the vast majority of homebuyers, you will need a loan to purchase your home. This loan could cover the full price of the home, or it could be the price minus the amount you provide for a down payment. Good news: we're here to help you every step of the way. In fact, we consider ourselves to be first-time homebuyer experts. A majority of our clients are purchasing a home for the first time, so we have the tools and resources in place to teach you about the process and help you feel confident in this major investment you're making.

read moreIf you're considering refinancing your current mortgage, this easy-to-use Refinance Calculator will estimate your what your new mortgage payment might look like. In other words, it will help you figure out if refinancing is a smart decision for your situation, based on the costs involved. First, a little background: When you closed on your home loan, you paid closing costs. What some people don't realize is a refinance also involves closing costs. So - in almost all cases - refinancing a home loan is only a good idea when the amount you'll save in interest over the life of the loan is greater than the closing costs you'll pay up front.

read moreWaterstone Mortgage realizes borrowers entrust us with valuable information about themselves and their financial arrangements as part of the mortgage application process. We take this trust relationship seriously and make every attempt to protect this information while in our custody. There are an ever increasing number of incidences of cyberattacks and fraud within the mortgage industry. The perpetrators of these attacks are aggressive and energetic in looking for opportunities to interject themselves to gain financially through acquisition of customer data and through fraudulent financial transactions.

read moreMortgage loans aren't "one size fits all." Waterstone Mortgage has a wide variety of loan products available, and a group loan originators who are exceptionally skilled at helping you find the one that's right for you. To get started, simply answer a few questions we need to know to help us understand your unique situation.

read moreIf you choose to pay more than your required monthly mortgage payment before its officially due, not only will you decrease the time it takes to pay off your mortgage, but you'll also reduce your total interest payment costs. Making extra monthly payments when you're able can really help you out in the long run, especially when it comes to the interest savings you'll experience. Imagine having fewer monthly payments in your future! Finishing your loan term a few months or even years early could have a big impact on your financial future.

read moreThey can walk you through the process, answer any questions you may have, get you pre-approved, and connect you with a Realtor so you can begin shopping for homes.

read moreBefore starting the application, you will create an account to ensure your information is secure. For your application, you'll need to provide the following information about yourself and any other co-borrower on the loan.