About Us

GETTING YOU THE BEST LOAN FOR YOUR CIRCUMSTANCES !!

After analyzing your circumstances, we can advise you not only on the best loan for your circumstances, but also how to save the maximum amount of money on that loan, pay it off early, eliminate credit card debt, and have extra money in the bank.

WE APPLY THE GOLDEN RULE TO ALL OF OUR THINKING AND RECOMMENDATIONS!

We are "Christian owned and operated" and believe in doing all things for YOUR best interest. Banks and other financial institutions will make recommendations based on making themselves the most money.

WHY DID WE NAME THE COMPANY "AGAPE"?

Two Reasons: First, in order to publicly witness to our faith and belief in God and Jesus as the Lord of our personal life. Second, the word "Agape" is a Greek word meaning the highest form of love or intellectual love, or doing the best thing for someone else. It is commonly referred to as "God's love for mankind." Therefore, Agape is our "Mission Statement and Purpose" -- to do the best thing for the borrower and their circumstances.

WHAT DO FICO SCORES MEAN AND WHY ARE THEY SO IMPORTANT?

FICO Scores were invented by a company called Fair Issac company. Several years ago they looked at 30 separate variables on your Credit Report and came up with a number between 200 and 950. They use extremely complex algorithms (mathematical formulas that all inter-connect) that are enormously related to time! These formulas are not made public and no one can tell you how much any given problem or improvement is affecting your score or improving your score! However, as any problem gets further back in history, it affects your score less and less. Therefore, it is possible that a $10.00 late payment (even on a minor credit card bill) that is late in today's current month may affect a score as much as someone else's Bankruptcy if that Bankruptcy happened 4 or 5 years ago! Now remember, don't shoot the messenger when we tell you your scores! Let us tell you our opinion of FICO Scores. They stink! They are generated by a dumb computer that is tremendously affected by the old principal of "garbage in - garbage out." When you realize that there is close to a 50% error factor on credit reports, you will realize that these scores can have a MASSIVE effect on your life without you even knowing the problem. That is the reason why we suggest to borrowers that we pull their credit early in the mortgage process. These scores were originally designed to be able to predict the future performance of the mortgage being paid on time. When the mortgage industry did studies with large numbers of mortgagees (over 100,000), they did seem to predict how well the ENTIRE GROUP would perform, but not individually. However, that is very little comfort to the borrower who has been turned down by their local bank because of low scores due to INACCURACIES on their credit report! If you have questions or problems on FICO Scores, call us right away, because time is necessary to improve these scores.

HOW DO I APPLY FOR A MORTGAGE AND WILL IT COST ME ANYTHING?

An awful lot of mortgage companies and banks will try to keep their costs low by hiring GLORIFIED CLERKS OR TELEMARKETERS to answer their telephones and give advice. At Agape Mortgage, we think that is just plain WRONG! At other companies, the glorified clerks will try to get you to put an application in right away and pay a $500 Application Fee for the "privilege" of applying to them. At Agape Mortgage we NEVER have an Application Fee and first of all, pre-qualify you to find out which is going to be the best mortgage program for your circumstances. Our Loan Officers will ask several questions, run the debt-to-income ratios (tells you the maximum mortgage amount), pull your credit report with your permission, and tell you our recommendation for which type of mortgage you should apply for. That Loan Officer may also run a RENT VS OWN computer program and/or a DEBT RESTRUCTURING computer program and mail or fax them to you. After reviewing your credit and circumstances, the Loan Officer will then have you pre-approved without you spending a dime! Then, when you are ready to proceed, the Loan Officer will take the mortgage application over the phone and we still DO NOT have an Application fee! We will have you write out a check directly to your local appraiser (typically $275 for a single family property) and write out a check for either a TRI-MERGE or THIRD-PARTY FACTUAL credit report (typically $55) that goes to the Mortgage Underwriter. We have you write those checks out directly to those providers of service so that you (and all borrowers) know that Agape Mortgage is not "padding" those bills like other mortgage companies do. We do not want you wasting your money ($500 Application Fee) at other companies -- only to hear the word -- NO or DENIAL! So...CALL US TODAY!