Q.	Can Someone come to my home for an application?
A.	Yes, often we can visit you right at home and meet you face to face. This of course depends on our location and the schedule of your loan office. Often the bank attorney can close your loan t your home also.
Q.	How long have you been in business?
A.	At this location, going on 7 years. Also see About Us
Q.	How much house can I afford?
A.	Before you start looking at homes you need to have some idea of what you can afford. Wheatland Financial Group Inc. offers written pre-approval Mortgage commitments. Receiving a Commitment turns you into a "cash buyer".
Q.	What is a FICO score?
A.	This is a score given on your credit report. There are a number of circumstances that affect the FICO evaluation. Amount of debt and number of late payment add or subtract to the score. The higher the score, the better.
Q.	What are your rates?
A.	The rates vary, depending on credit & programs. We have over 40 lenders each with dozens of programs and rates.
Q.	How much money will I need?
A.	The only out-of pocket expense will be the appraisal, but we don't order it until we are very comfortable that we have found you a lender that has what you want.
Q.	Can I apply on the phone?
A.	Yes, just call 1-800-397-1377. You can also apply On-line at Application.
Q.	Do you have EMPLOYMENT OPPORTUNITIES?
A.	Yes, we are always looking for new associates. Please submit a resume, cover letter and via fax 1-585-889-7265or e-mail resume to Matthew Schermerhorn
Q.	How long will it take to close on a mortgage?
A.	From start to finish, usually takes 3 weeks. After we have al the paperwork from the customer, we can have a pre-approval in 3 days. If the loan is agreed upon, an appraisal and title search are ordered. Stipulations required by the bank will also be obtained. The loan often closes in three weeks from the pre-approval date.
Q.	How is your mortgage broker fee calculated and when is it payable?
A.	Yes, Wheatland Financial Group Inc. does charge a fee. It is a percentage of the loan based on credit worthiness and amount of difficulty in obtaining the loan. We do not receive our fee until the closing. This fee is taken out of the loan. No closing, no fee. Wheatland Financial Group Inc. does not charge an application fee.
Q.	I am trying to purchase a home. How much money would I need for a down payment and closing costs?
A.	The banks that we at Wheatland Financial Group Inc. work with require a down payment in most cases but also have no money down. Excellent credit is as little as 0% to 5% down. If you have shaky credit or are self-employed the banks require 20% down. We have an assortment of purchase programs. Call today to find out if you qualify.
Q.	Are there any closing costs?
A.	There may be costs involved-for example attorney fees, appraisal fee, credit fees, title ins., state tax, etc. Most or all costs can be financed into the loan.
Q.	My home is being foreclosed, can you help?
A.	Yes, we have several option for you. Every person is case by case basis. Options are: We can try to refinance your mortgage to catch up payments, that depends on equity your have. We can also recommend you to real estate investors who might be interested buying your home if you are interested selling. Please feel free to call us and we will be glad to speak with you.
Q.	I received a letter from Wheatland Financial Group Inc. containing statistics from my previous mortgage. How did you get this information?
A.	Did you know that all closed mortgage are public record at the county clerks office? The mortgage information is available to the public at all county seats free of charge.
Q.	How can I speed up my deal?
A.	Make use of fax machines and express mail to get any required documents to us as soon as possible. Feel free to call us or e-mail us as soon as you have questions. Be prepared - Application Checklist
Q.	What would my payment be, what is the interest rate and why should I choose Wheatland Financial Group Inc?
A.	Each individual customer is unique in their own situation. Quoting rates over the phone does not paint a clear picture without specific details. Many factors would influence the rate of interest. Are you self-employed? How is your credit? we will help walk you through the application procedure al the way to the closing table.

Q.	Is your site secured, when I apply online?
A.	Yes, our site is secured. When your on the apply page look at the address website bar it will show HTTPS:// that stand for secured site. All your information is used for mortgage purpose only and we do not sell your information to nay third party. You may also print an application and fax it to us at 1-585-889-7265
Q.	What does "LTV" stand for?
A.	LTV means Loan-To-Value. It is a way of determining how much equity is in your home. Most of our programs require an 80% LTV. Wheatland Financial Group Inc. can grant high LTV mortgage loans up to 125%.
Q.	What banks do you use?
A.	We work with over 40 banks, which is why we are able to offer various programs.
Q.	Why do I have to pay for the appraisal?
A.	For 3 reasons, 1. An appraisal is provided by a outside vendor 2. We have it back to us usually in 24-48 hours 3. Also, makes a commitment on your part
Q.	Can I apply in person?
A.	Yes, of course. Just stop by our office at: 2222 East Henrietta Road Rochester, New York  14623
Q.	Do you have Grants or Assistance programs for First Time Buyers?
A.	Yes, Please call us for programs and details. We have programs with no money down and perfect credit is not required. We also have mortgage protection program for first year, please call for details how this program works.
Q.	How long does this take?
A.	Every deal is different. If you can get your required docs to us ASAP, we can probably close in 2-7 days. If we have to clear up unexpected hurdles, sometimes the process can take longer, but you are kept up to date every step of the way. Some Specialty programs may take longer due to high volume by the lender, this is unusual but does happen
Q.	I have had credit problems recently (or in the past) - will you be able to help me?
A.	Because we do work with so many banks, we are often able to work with credit problems.
Q.	Why does the media advertise 6% interest rates when in fact the bank I apply with pulls my credit and gives me a rate of 81/2%?
A.	Rates in the "7's" are given to customers with excellent credit and high FICO scores. If you have had slow payments/late payments in the past you are considered a higher risk therefore a higher rate of interest will be applied.
Q.	Who are the 3 credit reporting agency?
A.	The 3 credit reporting companies name and phone # are: Experian (888) 397-3742, Trans Union (800) 888-4213, Equifax (800) 685-1111. Websites are www.experian.com, www.transunion.com, www.equifax.com
Q.	How do I know which type of mortgage is best for me?
A.	There is not a single answer to this question. The right type of mortgage for you depends on many different factors.      You current financial picture.      How you expect your finances to change.      How long you intend to keep you house. Your Wheatland Financial Group Inc. Specialist will be glad to analyze your specific needs, review specific examples, and recommend a program just for you.
Q.	How much down payment will I need?
A.	This question also depends on your financial picture and credit. In general, our programs range from NO MONEY DOWN to 20% on up. The loan programs at Wheatland Financial are very flexible and can be tailored to fit your needs.
Q.	Are there any costs to apply?
A.	No, there are not up front fees. We do the initial application for free.
Q.	Can I apply on on-line?
A.	Yes, go to application on line. You may also print an application and fax to: 1-585-334-3248
Q.	What do I need to do?
A.	Start with filing out the application so we can do an express application on the phone or an application on line and give you an idea of what we can do.
Q.	What are the steps involved in the mortgage process?
A.	First we would sit down and go over your credit and refinance scenario. We would need to see your application, your last two years W-2 records and your last two pay stubs. We will need the following information toput together the final financial package Checklist. We would then summit the loan to the bank. We should have pre-approval in three days. After you agree to rate and term, we would order the appraisal and title. The appraiser would contact you in about 7-10 days. At that time we would have the title and any other documentation the bank would need. We would forward that information to the bank and in 24 hours, get an Authorization to Close.
Q.	Can someone come to my house?
A.	Yes, often we can visit you right at home and meet you face to face. This of course depends on your location and the schedule of your loan officer. Often the bank attorney can close your loan at your home also.