Welcome!
Welcome to The Pate Team! Our mission is to be more than just a mortgage lender. We are your trusted partner in the pursuit of financial prosperity and the cherished dream of homeownership. With a spirit of excellence and education, we foster genuine connections and take time to understand what drives every one of our client's decision to purchase. As your advocate through the process, we will empower you with knowledge, provide transparent guidance to navigate the process with confidence, and ensure your goals are met. With more than 20 years of assisting families with this important purchase, I adhere to the highest standards of integrity and ethics, ensuring sound advice and reliable communication.
I truly have a heart for people, giving back to the community, and fostering a brighter future for all. Allow me to join you on your homeownership journey. let's create a legacy - one mortgage at a time!
about ME
Sherina Pate started her mortgage career in 2001. As a wife, mother, and investor she has 20+ years of experience navigating the ever-changing markets on both the lending and buying side. Having served thousands of families throughout the years. she focuses on long-term relationships that continue to grow families' wealth position. She is a graduate of Spelman College and currently works for Supreme Lending in Atlanta GA. She has been recognized for the past 4 years as the top 1% of mortgage originators in America.
CreDIT ESSENTIALS
Your credit health plays a vital role in the mortgage process, and we are here to guide you towards credit excellence. Our Credit Essentials section offers valuable tips on improving your credit score and maintaining healthy financial habits. Whether you're a seasoned homebuyer or a first-timer, understanding your credit is crucial, and we are dedicated to helping you achieve financial success.
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below to learn more!
First Time Homebuyer
First-Time Homebuyer:
Welcome to Sherina Pate - Your Trusted Guide to Homeownership! Congratulations on taking the exciting step towards becoming a first-time homebuyer. We understand that this journey can be both thrilling and overwhelming, which is why we are here to support and guide you every step of the way. To begin, here are a couple things to keep in mind.
Understanding the Home Buying Process:
As a first-time homebuyer, you may have many questions about the home buying process. How do you start? What are the steps involved? We've got you covered. Our expert team will walk you through each stage of the process, from pre-qualification to closing. We will explain key terms, demystify the paperwork, and ensure you feel confident and informed at every turn.
Exploring Mortgage Options:
Choosing the right mortgage is a crucial decision, and we offer an array of mortgage options to meet your needs. From conventional loans to government-backed programs, our team will help you explore the best options available, considering factors such as down payment requirements, interest rates, and loan terms. We aim to secure the most favorable mortgage solution that aligns with your long-term financial goals.
Determining Your Budget and Affordability:
One of the most critical steps in the home buying process is determining your budget and affordability. Our mortgage calculators and expert advice will help you understand how much you can afford, factoring in your income, expenses, and future financial goals. We'll ensure that you find a home that fits comfortably within your budget, protecting you from potential financial strain.
Programs
Programs
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Purchase, Refinancing, Conventional, Government, Jumbo and First Time Homebuyer
2
USDA* and VA* 100% Financing with No Mortgage Insurance (VA funding fee and USDA Guarantee will apply
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203k and Homestyle Renovation Loans Available
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5
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Split Premium Mortgage Insurance
may provide a lower monthly payment
on conventional 5% down
Down Payment
Assistance Program
Jumbo Loans & Repair Escrow
BUYER FAQ:
1.How much can I afford to spend on a home?
The amount you can afford depends on your income, expenses, and creditworthiness.
2. What are the steps involved in the homebuying process?
The homebuying process involves pre-approval, house hunting, making an offer, home inspection, and closing.
3.What are the different types of mortgages available?
Types of mortgages include conventional, FHA, VA, and USDA loans, each with different eligibility criteria and down payment requirements.
4. How do I determine the right down payment amount?
Determine the right down payment by considering your financial situation and the lender's requirements.
5. What is the difference between pre-qualification and pre-approval?
Pre-qualification is a preliminary assessment, while pre-approval involves a detailed verification process.
6. How can I improve my credit score to qualify for a mortgage?
Improve your credit score by paying bills on time, reducing debts, and correcting errors on your credit report.
7. What is the importance of a home inspection?
A home inspection is crucial to identify potential issues with the property before finalizing the purchase.
8. What are closing costs, and how much should I budget for them?
Closing costs include fees for processing the mortgage, title insurance, and other expenses. Budget around 4-5% of the home's price.
Mortgage Calculator
Need help calculating monthly payment, down payment, refinance, or affordability?
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