Welcome
About Me
Tom Kalagher is the Founder and Branch Manager of Fairhope Mortgage in Fairhope, Alabama, NMLS #2028566. Since 2020, Tom has helped homebuyers, homeowners and real-estate investors throughout Baldwin County, Mobile and the Alabama Gulf Coast with conventional, FHA, VA, USDA, DSCR, investment-property and refina
Experts Guide You
Step 1: Budgeting
Step 2: Credit Review
Step 2: Credit Review
I work with you as a mortgage broker in Alabama to review your budget and determine a house payment you can afford without overreaching, whether you're considering FHA, USDA, VA loans, or using a DSCR approach.
Step 2: Credit Review
Step 2: Credit Review
Step 2: Credit Review
I will review your credit situation and provide recommendations on how to best position yourself for the best rate, whether you're considering an FHA, USDA, or VA loan. As an experienced mortgage broker in Alabama, I can also run a simulator that shows exactly what actions to take to improve your score, helping you qualify for or secure the best rate.
Step 3: Pre-Approval
Step 2: Credit Review
Step 4: House Hunting
I get you a pre-approval letter that you can use with your real estate agent to make offers on properties. This is especially advantageous if you’re considering options like DSCR, FHA, USDA, or VA loans. Knowing you can obtain a loan through a reliable mortgage broker in Alabama gives you a significant edge over other offers that lack pre-approval.
Step 4: House Hunting
Step 4: House Hunting
Step 4: House Hunting
Don't have a realtor yet? I work with some of the best realtors in the area and can recommend someone specific to your needs, whether you're exploring options like FHA, USDA, or VA loans. Additionally, I can suggest excellent mortgage brokers in Alabama and insurance agents who can help you save on your monthly payments.
Step 5: Loan Process
Step 4: House Hunting
Step 5: Loan Process
I walk you through every step of the loan process, whether you're looking for a DSCR loan, an FHA loan, a USDA loan, or a VA loan. This includes gathering documents, locking you into the lowest interest rate possible, finding the best loan type for your unique situation, underwriting, and preparing for closing with the expertise of a mortgage broker in Alabama.
Step 6: Closing Day
Step 4: House Hunting
Step 5: Loan Process
On the day of closing, you sign all the documents that transfer the property to you, along with signing the loan note, whether you're opting for a DSCR loan, an FHA loan, or utilizing VA and USDA loan options. I ensure there are no surprises and collaborate with your realtor to confirm we close on time. Then, it's time to receive the keys and start creating lasting memories in your new home.
