Central Bank of St. Louis
350 Hartman Lane
O'Fallon, IL 62269
f: 314.746.4609 Email Jessica
With over 10 years of experience in the mortgage lending industry Jessica takes pride in providing the best mortgage lending solutions for her clients. Adding to her mortgage experience, Jessica has a Bachelor of Science in Business Administration from Lindenwood University and is currently working toward her Masters in Administration Management. She is also a member of the REALTOR Association of Southern Illinois (RASI) and Columbia’s Resourceful Organization of Women Networking (C.R.O.W.N.).
Providing excellent customer service is a top priority for Jessica. Whether you are looking to purchase or refinance, Jessica can help!
Zach Bolte, Processor, 314.219.0420,
Email Zach, NMLS#916553
Questions? We are here to help you.
Your monthly mortgage payment includes both repayment of the loan principal, plus monthly interest on the outstanding balance. A mortgage payment can also include pre-payments on property taxes, homeowner’s insurance and monthly homeowner’s association dues into an escrow account managed by your lender.
Since the financial crisis of 2008, there are over 400 new regulations that impact mortgages. But don’t worry; we are here to help navigate these for you. These new checks and balances are necessary to protect you and to process and approve your loan. We are experts in this area, reviewing your full individual financial situation, so we can issue you a clean loan approval. The four categories we consider when approving your loan include: income, assets, collateral and credit.
Employment Income Verification:
To verify your employment income, we will need your last 2 years of W-2 statements and a full 30 days of paystub statements.
To verify your assets, we will need at least 3 months of checking, savings, investment and, if applicable, retirement statements, such as IRA’s or quarterly 401k statements.
Along with your income and assets verification, we will need
these documents and information regarding your new home purchase.
Your credit score is one of the main elements of information we will use to evaluate your application.