Financing solutions are endless with our lender partners!

At Madison-Simmons, we believe that building your dream home should be a seamless and stress free experience. That’s why we have partnered with our preferred lenders to offer you a financing solution that simplifies the homebuying process. With our preferred lenders, you can enjoy a range of benefits and a hassle-free journey toward owning your perfect home.


Calculate your mortgage

Monthly Payment*
30 years

* Monthly Payment does not include PMI, Property Taxes, Insurance, HOA Fees or any other additional fees outside of the loan's principle and interest.

Protect Your Commission

Start Your Pre-Qualification Process

By choosing our preferred lender, you can obtain a pre-approval letter quickly and efficiently. This gives you an edge in the competitive real estate market, demonstrating your financial readiness and increasing the likelihood of securing your dream home.

We make it easy to own your own home!

Integrated Experience

With one of our preferred lenders, you benefit from an integrated experience, seamlessly connecting your homebuying journey with the financing process. This streamlined approach allows for effective communication and coordination between our team and the lender, ensuring a cohesive and efficient experience.

Expert Guidance

Knowledgeable loan officers are here to guide you through the financing process, answering any questions you may have along the way. They take the time to understand your unique financial situation, providing personalized advice and recommendations.

Convenience and Trust

Purchasing a home is a significant investment, and we prioritize your peace of mind. Our lenders offer a trusted and reliable service, with a commitment to transparency and timely communication. You can rely on their expertise and feel confident that your financing needs are in capable hands.


Preston Cherry

Mortgage Broker

Service Area Charlotte, Catawba Valley





20400 Catawba Avenue
Cornelius, NC 28031-5274


Rebecca Edwards

Mortgage Broker

Service Area Asheville





301 College Street, Suite 200
Asheville, NC 28801-2449


Debra Passarelli

Mortgage Broker

Service Area Charlotte, Catawba Valley





8015 W. Kenton Circle, Suite 130
Huntersville, NC 28078-0800

Our Banking Partners


Frequently Asked Financing Questions

There are many factors that affect this. There are loan programs available for certain situations that require $0 down such as USDA and VA loans. There are other available options available that only require 3% and 3.5% down payments as well. There are options still available with a relatively small down payment assuming it is owner occupied and not an investment or rental home.

The answer to this question will depend on the amount of your down payment, and loan type. Generally, you will need to be at or below 80% Loan-to-value to avoid mortgage Insurance entirely. That means a 20% down payment or greater or 20% equity in the value of the home you are purchasing. However, the FHA loans require mortgage Insurance regardless of down payment, so if you get an FHA loan, Mortgage Insurance is unavoidable.

It all depends on the type of loan you’re applying for. Your credit score is a number that ranges from 300 to 850, and that number is used to indicate your creditworthiness. The higher your score, the more lenders will want to work with you. Though higher credit scores are considered more favorable for lenders credit. It all depends on the type of loan you’re applying for. Conventional and government-backed loans such as FHA, VA, and USDA have different requirements. Conventional Loan- Conventional loans aren’t guaranteed or backed by a government program. They’re best suited to borrowers that have higher credit scores and money saved up for a down payment. It’s recommended you have a credit score of 620 or higher when you apply for a conventional loan. If your score is below 620, lenders either won’t be able to approve your loan or may be required to offer you a higher interest rate, which can result in higher monthly payments. FHA Loan- If you have a lower credit score or don’t have much cash socked away for a down payment, you might consider an FHA loan, which is insured by the Federal Housing Administration. The minimum credit score for an FHA loan is usually 580. However, having a higher credit score may help you qualify for a better FHA mortgage rate. VA Loan- A government-backed VA loan might be an option for you if you’re a veteran or qualified servicemember or spouse. There’s no VA set a minimum credit score requirement to buy a home. Some lenders require a credit score of at lease 580 for a VA Loan. USDA Loan- You could look into a government-backed USDA loan if you plan to live in a qualified rural or suburban area and have an income that falls below 115% of the area’s median income. Most lenders require a minimum credit score of 640 for USDA loans.

The most common documents you will need to provide. · Photo ID, such as drivers license, state issued photo ID, or Passport · Pay Stubs to demonstrate your current income and employment status · 3 months previous bank statements to show savings and cashflow · Tax returns and W-2 forms, as well as any other income documentation

With a good Loan Officer, a solid documentation package, and persistence, buyers can close in as fast as 21 days. Buyers who pay cash for their new home, instead of going through the mortgage application process, typically close faster. But even when paying cash, it often takes at least a couple of weeks to close.

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*Prices presented are an estimate based on base floorplan sales price. Principal, Interest, Local/County Taxes, PMI, HOA Fees, estimated home owners insurance, current standard ARM, Down Payment, and APR rates are not a factor in displayed pricing. Rates, prices, terms and promotion availability are subject to change without notice.
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