Information and Education At Mount Olympus Mortgage Company ("MOMCo"), our desire is to help all consumers with their personal financial situation by providing them the knowledge and ingredients necessary to help them make informed decisions for themselves as well as their families. We have made available certain tools to empower consumers to determine exactly what type of loan they qualify for. We invite you to use these tools at any and all stages of the loan approval process to better understand the various steps toward successful home financing. By becoming educated and informed, the once daunting task of applying for a home loan becomes simple and straight-forward.

Application and Documentation Once you have obtained all the necessary information, it is time to submit your application. You will be asked to enter any and all information related to the 4 "C''s" of home ownership: collateral, capacity, character, and capital.
Collateral. This is simply, the home in question. Home value plays an integral role in determining the amount of a home loan.

Capacity. This is where your liabilities are analyzed as a percentage of your monthly income. A determination must be made as to whether or not the debt can be serviced; or plainly, if you can pay for the loan.

Character. Banks would like to know about your credit profile as well as your stability. How have you paid your past debt? Have you been employed in the same line of work for several years, etc.

Capital. This "C" focuses on your liquidity. Do you have a retirement, checking, savings, and/or investment account that you could access to pay the loan should certain financial factors become weak?

Please follow the link provided in order to access our secure application.

If you prefer, you can submit your application by telephone at (888) 453-4659 (4OLY). Our advisors are standing by to assist you in any way possible.

Once the application has been completed, our loan advisors will verify the information you provided and a decision will be rendered. This takes us to the final step in the process...

Jubilation
Now that your loan has been approved and your loan documents have been issued, the signing of the documents will occur at the escrow company selected by you or the seller (in a purchase transaction).*

The escrow company will return the documents to MOMCo and a final audit of the package will be completed. Upon completion of the audit, the loan funds and all necessary documents are recorded the following day (in most cases) at the appropriate county recorder's office - based on where your property is located. Congratulations - your home loan is complete!

*MOMCo maintains a database of escrow and title companies for you to select from, if so desired.