JR McFadden
Producing Branch Manager
NMLS# 1246357
406-465-1918
About JR McFadden
The Mortgage Road Map
Mortgage Calculator
Documents You Need To Start
Contact JR
Reviews
JR McFadden
Loan Officer
NMLS # 1246357
406.465.1918
About JR McFadden
My wife and I love the outdoors which is why we live on 40 acres in Helena, Montana with our 3 fur kids. We love to hunt and fish together. And if I’m not at the office there is a pretty good chance you can find me on the golf course if the weather is good! I also volunteer as a firefighter/EMR here locally and love giving back to our community in my spare time. Sometimes not so spare time at all hours of the night when the pager goes off.
JR’s Qualifications
I’m the Producing Branch Manager at the Major Mortgage Helena, Montana Branch. I started in the mortgage industry in 1990 and have seen the many ups and downs of the Real Estate market. I love to help families achieve the American Dream of homeownership. Being a Mortgage Advisor is extremely important to me. Especially when you are dealing with one of the most important assets a family owns. Finding the right mortgage is never a one size fits all situation and I love finding solutions to help my clients achieve their goals.
JR’s Areas Of Expertise
My passion is helping first-time homebuyers achieve the American Dream regardless of their situation. Every borrower’s situation is unique and that is why there are so many options aka investors out there to help you achieve your goal of homeownership (Convention, VA, FHA, USDA, DPA Programs, etc.). Not all programs are “Right” for every borrower. What we will do together is identify which one fits with your situation and goals, to get you into that home of your dreams!!!
Loan Products
The JR McFadden Team
Helena, Montana
Jr McFadden
Producing Branch Manager
Casey Lester
Licensed Loan Processor
Roadmap To Your New Home Loan
Step One: Pre-Qualification
We will have you fill out an application on our website. This will allow us to pull credit. We will also collect income and asset documentation to make sure you have a solid pre-qualification. Once you are pre-qualified, we can give you an idea of the price range of house you can afford, so that you can start house shopping!
Step Two: House Shopping
Once you have been pre-qualified, you can contact your agent or realtor and start shopping for houses you like in the range you can afford. Once you find a house you want, you will make an offer and we will begin the process of setting up your loan.
Step Three: Setup and Processing
Once your loan moves to processing we will be updating and verifying all of the information you provided to us at pre-qualification. We will also order and appraisal, title work and insurance for your property. Keep an eye out for communications from us so that you can help us make the process faster. Processing will analyze your situation and prepare your loan for Underwriting.
Step Four: Underwriting
Once your loan has made it through processing it will move to our Underwriting Department. Underwriting will review your loan and all documentation to verify that it meets all guidelines and make sure everything is in the clear for closing.
Step Five: Closing
You will receive closing instructions with the day, time, and location of your closing. You will also receive a Closing Disclosure 3 days before you loan closing date that you will need to sign so keep a look out for it.
Step Six: You’re A Homeowner!
Congratulations! You’re A New Homeowner!
Mortgage Calculator
Documents You’ll Need To Get Started
30 Days Most Recent Pay Stubs
We use this to make sure we have an accurate income calculation upfront and to speed up your approval process.
Driver’s License and Social Security Card
Required for all loans as part of the patriot act.
Copy Of Mortgage Statement For All Properties Owned
We need these for all properties you own so that we know which loans go with which properties.
Previous 2 Years W-2s or 1099s
We use this to make sure we have an accurate income calculation upfront and to speed up your approval process.
Homeowner’s Insurance Agent Name and Phone Number
Please provide us with the name and phone number for your agent. We can give referrals if needed.
Copy Of Most Recent Two Years Tax Returns
If you’re self-employed, have rental property, or certain types of dividend, or retirement income we may have to ask you for a copy of your tax returns. This would also include business tax returns for self-employed borrowers.
Office: 406.443.2870
Mobile: 406.465.1918
Email: jrmcfadden@majormtg.com
Helena, MT 59601