Hans Schoff

Hans Schoff started in the real estate, finance and mortgage industry back in 2004, assisting clients and helping ensure they get the best mortgage product to fit their current needs. Whether purchasing a new home for the first time, moving up the ladder, relocating or downsizing, Hans will make sure you get the right program and best lending parameters. And if you’re looking to refinance, to pay off or consolidate debt, start a new business or hobby, add onto your home or just get a better rate and term, he can assist you with that as well! If you have any questions, call or shoot Hans a text anytime. We appreciate your business!

Loan Officer
NMLS # 1578360
256-812-5626
hans@mortgageright.com

Please note: You will be taken to an application page that will require you to create an account if you have not created one already.

Mortgage Loan Options

CONVENTIONAL MORTGAGE LOANS

Conventional loans are not insured by a government agency
Require a minimum 3% down payment
There are a variety of fixed and adjustable rate conventional loans to choose from
Generally carry strict guidelines on credit scores, loan to value ratios, debt to income and down payments
Interest rate varies based on credit score and loan term
Offers 10, 15, 20, 25, 30 and 40 year repayment terms

FHA MORTGAGE LOANS

Great for first-time buyers and buyers with lower credit scores
FHA loans are not restricted to first-time home buyers or low-income buyers
Easier requirements for income and credit score
Minimum down payment 3.5% and lower closing costs
Mortgage Insurance may be less costly than private mortgage insurance (PMI)
Seller can contribute up to 6% of selling price to cover closing costs

USDA MORTGAGE LOAN

Special financing in USDA defined areas
Flexible credit guidelines and qualifying criteria
Lower than market interest rate
No down payment required
Closing costs can be seller-paid or rolled into the loan
Lower monthly private mortgage insurance (PMI)
Ability to finance upfront PMI

VA MORTGAGE LOAN

Eligible for Veterans who have or are actively serving in the military and surviving spouses of Veterans
Qualify with suitable credit, adequate income and valid Certificate of Eligibility
Borrow up to 100% with no money down and no mortgage insurance requirement
Veterans can refinance through the IRRRL (streamline refinance)
Can include cost of remodeling up to 103.15% appraised value
Offers 10, 15, 20, 25, 30 and 40 year repayment terms

JUMBO MORTGAGE LOAN

Financing for high-priced and luxury homes
Good option for self-employed buyers
Available for primary residences, second homes and investment properties
Flexible down payment minimum of 5% on loans up to $2 million
Mortgage insurance is not required
Jumbo cash out refinances up to 95% loan to value with no mortgage insurance

REVERSE MORTGAGE LOAN

Borrower remains the owner of the home
Can stay in your home without ever making another monthly mortgage payment
With a Reverse Mortgage, the borrower receives funds payable when the last borrower leaves
Borrowers must occupy the property as their principal residence
Protection against a declining housing market

The Benefits Of Refinancing

If you are looking for a lower rate to ease cash flow or a shorter term to get your mortgage paid off sooner, we can help you make the RIGHT decision.

Getting a new mortgage to replace the original is called refinancing. This process allows the borrower an opportunity to obtain a different interest term and/or rate. The first loan is paid off, then the newly refinanced loan goes into effect.

It is common for people to refinance when they have equity in their home, which is the difference between the amount owed on their mortgage and the appraised value of the home. In that situation, the borrower has an option to “cash-out” (hence the term cash-out refinance) the value of their home equity allowing them to remodel their home, consolidate debt, pay for college, or other expenses.

Remodel / Renovation

Lifestyle Upgrades

New Start-Up Business

New Baby on board / Adoption expense

Debt Consolidation

Education expense

significant Home damage

When she says 'yes'

Testimonials

"Hans is very knowledgeable of the housing market. He explains everything well and in detail so you understand to the fullest before you make any decisions."

"We had a great experience. He was always willing to answer questions and explain things. He worked hard to get us our loan. We just closed on our home today and couldn't be happier. Definitely recommend!!!"

We worked with Hans to get approved for a home loan. Once we contacted him, he had us pre-qualified within a day or two. Hans and his team were a pleasure to work with from start to finish. They were very timely in getting us everything needed to complete our mortgage and quick to answer all of our questions. It only took a little over a month from the first time we talked to Hans to the day we closed. A big thank you to Hans and his team, would recommend them to anyone.