The Simons&Leoni Team

The foundation of our business is built on Experience, Commitment, Integrity and Accountability. When we provide mortgage services, we take the time to explain the process. Our goal is to keep you informed each step of the way. There will be no surprises when you attend your closing. No hidden fees, charges, or expenses.

We pride ourselves on getting our clients not only the best deals, but also providing the industry’s best customer service. That is why we are here for you 7 days a week, and you can call us any time.

Ready to get started? Click the Apply Now button below to start your home buying journey with the New Construction Mortgage Experts!

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Testimonials

Nick Peacock and Jennifer Nohrer were a pleasure to work with. Both went above and beyond to get us closed on time overcoming several last minute hurdles. We highly recommend the Simons Leoni Team especially Nick and Jennifer!

- Ed S.

I am so happy I was referred to Simon & Leoni! After being denied by my builders preferred lender I was connected with Nick who worked really hard in such a time crunch to get things done! Anytime I had a question he responded immediately and helped me every step of the way! He kept me informed of where we were in the process and always gave me that confidence that we WILL obtain our home loan even after being denied at first! Anyone who is looking to purchase home and have a smooth process, I 100% recommend working with Nick to make things happen! Truly thankful for him!

- Shawnie H.

As a first time home buyer and of a new construction, my husband and I had a horrible experience with our first lender. After months of seeing our house being built, the first lender gives us the red light, a few weeks before closing. We were recommend to Nick and Anne from Simons and Leoni. My husband and I were heartbroken already and we were not sure if we should take the chance of another heart-brake, since we were trying to buy a house for the past two years and previous lenders gave us the same push back. My husband and I decided to take another chance and Nick was so friendly, that is what impressed me. It was the little things that counted for me, sending us a 4th of July and Birthday greetings in a moment of pain helped while we waited for a pre-approval. We received our pre- approval 7/12/21 and closed on our NEW HOME on 7/29/21 thanks to a POWERFUL TEAM! Nick and Anne were always on top of the documents needed and Anne made herself available to talk to us at any time, she is persistent, knowledgeable, has excellent communication skills and has a sense of urgency! Words can never express how thankful we are to Nick and Anne, for helping our family move in to our Dream Home!

- Yojaira F.

I could never find the right words to express how wonderful the team at Simons & Leoni have been to me and my husband. As we were purchasing our first home which was a new construction, they stepped in after a previous company let us down. They walked us through and guided us in every step. Never once did they let us lose confidence in the process. There unforeseeable hiccups along the way but they navigated use through every obstacle and stuck the landing each and every time. They made it look easy even when things looked bleak. Nick and Ann were our champions and our heroes. We cannot thank them enough for all that they did to ensure we received the keys to our first home. They are amazing people, very patient, resourceful, dedicated and unwavering. They stand with you no matter what and most of all they actually CARE! Awesome and Amazing team! Thank you, Nick and Ann. Forever grateful.

- Leah H.

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The Simons & Leoni Advantage

Speed to Close – 30 Days* or Less

We can close move-in ready inventory homes in as little as 14 days*

Expanded Programs

Unlike the big banks, we’re not limited to one set of programs and one set of underwriting guidelines. Through our diverse network of lending partners we can customize a solution to fit your unique needs.

Common Sense Underwriting

Our underwriters look for ways to approve loans, and we’ll submit your file with the right documentation and the right information to get you approved the first time through. We have access to the most aggressive underwriting standards for Conventional, FHA and VA loans.

Solutions for Self-Employed Borrower

Business owners and independent contractors often face unique challenges when applying for a mortgage. We understand the special dynamics of self-employed borrowers, and we offer both traditional and non-traditional loan products, some of which do not require tax returns or financial statements to calculate your qualifying income.

Investors

Whether you are a seasoned investor with a portfolio of properties, or looking to acquire your first rental property, we have the expertise and the programs to help you. With a good credit score and the necessary down payment, buying an investment property may be easier than you think. We even offer programs that require no income or employment verification, and no debt-to-income (DTI) ratio calculations!

Credit Solutions

Credit doesn’t have to be complicated. Our expertise and focused strategies can help our clients improve their credit scores so they can qualify for their loan and secure the best possible interest rate.

New Construction Road Map

Purchase Agreement

Once you've identified your builder, selected your homesite and floorplan, it's time to sign your Purchase Agreement!

Once signed, the Financing Contingency will require that you pursue your Conditional Loan Approval. Most builders require the Conditional Loan Approval before they will break ground on your home, or start adding your selections to a home that is already under construction.

Be prepared to pay the required Earnest Money Deposit to the builder at this time.

Appraisal

Once your home is substantially completed (around 30 days before closing) an appraisal will be ordered to determine the appraised value of the property that will be used for your loan. Once the appraisal report is completed, a full copy will be provided to you for your records.

Clear to Close

This is the final milestone in your loan process. Clear to Close is issued by the lender after all loan conditions and requirements are met. With new construction transactions, the Clear to Close (CTC), is usually received 1-3 days before closing, as it is often contingent upon receipt of the final inspection and the CO.

Pre-Approval

Buying a new-construction home all starts with getting Pre-Approved. This is the first step on your home buying journey.

Apply with us today and receive your Pre-Approval Letter in 24 hours or less!

Get Pre-Approved Today!

Conditional Loan Approval

To obtain your Conditional Loan Approval we'll gather all necessary documentation and submit your file to the underwriter. Here are some common documents that will be required:

• Most Recent YTD pay statements
• W2s for the past 2 years
• Most recent 2 months bank statements
• Color copy of Driver Licenses
• If self-employed – your most recent 2 years of income tax returns

Home Completion

Once your new home is 100% complete, the builder will obtain the Certificate of Occupancy (CO) from the city or county. The CO is needed before you can close on your new home. We will also have the appraiser reinspect the home and complete the Final Inspection report to confirm that the home was completed per the specifications in your contract.

Closing

It's time to close on your new home! This final step is when you sign the mortgage, note, and all of the other important paperwork that makes the home yours! Your builder and their title company will usually coordinate the date and time for your closing several weeks in advance.

In preparation for closing you will be required to furnish the remaining funds, usually in the form of a wire transfer a day or two prior to closing. That final figure is available after your loan is Clear to Close and the final Closing Disclosure has been reviewed and approved by all parties.

Plan on at least 1-2 hours for your closing. Once you've signed the paperwork, and the title company has received funding authorization from the lender, you'll receive the keys to your new home!