Arrange Financing

John Stiles -Senior Mortgage Consultant

NMLS #970025
Licensed in NC / SC
Coverage Areas: Charlotte-Ballantyne
Born and raised in Georgia, I have called the Carolinas home for over two years.  After attending college in Milledgeville, Georgia, I began my career in retail banking at Colonial Bank.  Over the years, I found my way into mortgage lending and in 2012, I joined the Allen Tate team.  I am licensed in both North and South Carolina, therefore, I can provide service to any customer in the entire Allen Tate footprint.  Along with our experienced processors and underwriters, I strive to provide the best service in the industry while I become my customer’s lifelong mortgage lender.





Get a Mortgage Pre-Approval

An important ingredient in a successful home search is knowing how much you can afford. You don’t want to fall in love with a property only to find out it’s outside your price range.

That’s why I recommend getting a Mortgage Pre-Approval. This is a document from your bank or other lender stating how much of a mortgage they are willing to give you. There are two advantages to getting this pre-approval:

  • It gives you the peace-of-mind of knowing you can afford homes you view on the market, and won’t have problems arranging financing.
  • It’s a sign to sellers that you are a serious, prepared buyer – which gives you the edge when making an offer.

You can arrange for a Mortgage Pre-Approval with your bank or other lender, or by working with Allen Tate Mortgage.

How Much Home Can You Afford?

Banks and lenders use specific criteria to determine how much of a mortgage they’re willing to offer you. They look at your income, expenses, credit history and employment status, as well as the down payment you plan to make on a home. It may seem like a scary process, but it is actually straightforward. You can usually get a Mortgage Pre-Approval in a day. You’ll be glad that you did.

By knowing what you can afford, you can confidently shop within that price range. For example, if you qualify for a $250,000 mortgage, and you have another $100,000 available as a down payment, you can look for homes in the $350,000 range.

Have questions about arranging financing? Please submit the form below or call or email me.

Looking to Buy a Home?

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