Kimberle Barton’s Tuscaloosa Mortgage Lending office of AmericaHomeKey, Inc. underwrites mortgages for Fannie Mae, Freddie Mac, FHA and VA. We are a mortgage bank that offers primary resident mortgages as well as second home mortgages and in some cases can offer loans for properties that are purchased for the purpose of renting as investment property.

1. To begin the application process go to the left of this page and under “Step 1” Please print the "Consent to Pull Your Credit"  and the “Uniform Residential Loan Application” complete and fax, scan or bring to the office to start a pre-application.  Also be sure to click link that explains list of needed information & documentation.

Rules that will affect the time frame from your loan application to actually closing and funding of your loan.

• The U.S. Department of Housing and Urban Development (HUD) requires that lending institutions standardize how fees are disclosed. The lender will be bound to the fees disclosed on the good faith estimate including all third party settlement fees. The consumer must have the initial disclosures for 7 business days prior to loan consummation. *The lenders are required to re-disclose and allow 3 days prior to loan consummation if there are “changes circumstances” associated with a loan. This will affect closings; if any fees changes from the initial good faith estimate. We all need to take the time to perfect fees prior to delivering estimates to borrowers. The most common changes will be the purchasing of owners title insurance, attorney fees for mail away loans or powers of attorney.

• To help enhance the integrity of the home appraisal process in the mortgage finance industry investors entered into an agreement with the Federal Housing Finance Agency to adopt certain policies related to appraisals. These policies are called the Home Valuation Code of Conduct (HVCC). The lender will facilitate ordering the appraisal for the customer by submitting the contract with a credit card form from the customer to a 3^rd party appraisal service. This insures that we will receive an objective value. One of the main codes in the HVCC rules is that the borrower must have their appraisal a minimum of 3 days prior to the loan closing so that they have plenty of time for review before the closing.

• In order to prepare the loan closing package clear title work and home owner’s insurance must be in place. If you do not currently have an insurance agent that you will be using please begin shopping immediately.  Loan closing packages require a minimum of 48 hours after receiving title work and insurance to prepare the loan closing paperwork.

• In order to get the money to the closing table for the loan investor requires full approval of the final settlement statement 48 hours prior to the loan’s scheduled closing.