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Ron Erdmann Sr is a VP of Mortgage Lending with NMLS #355733. The company, Rate, offers various loan programs including HELOCs, personal loans, down payment assistance, low down payment loans (VA, FHA, USDA), Bank Statement loans, Jumbo loans, and Physician loans. They also offer programs like Lock 'N' Roll for rate locking and Same-Day Mortgage for accelerated timelines. Reverse Mortgages are available for homeowners over 62.
Rate provides a comprehensive suite of mortgage and loan services. This includes options for buying a home, refinancing, personal loans, and HELOCs. They specialize in assisting various borrower needs, such as self-employed individuals (Bank Statement loans), military service members (Veteran loans), and medical professionals (Physician loans). For those seeking larger properties, Jumbo loans are available. They also offer programs to help secure rates (Lock 'N' Roll) and expedite the approval process (Same-Day Mortgage). Additionally, they cater to foreign nationals and offer Reverse Mortgages for seniors.
Rate offers 5-minute pre-approvals and a Same-Day Mortgage program for fast approvals with as little as 3% down. They provide specialized loan programs like Bank Statement loans for the self-employed and Physician loans for medical professionals. Additionally, their Lock 'N' Roll program allows rate locking for up to 90 days without a signed contract.
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