Sonya Simpson

Sonya Simpson

Branch Manager, Loan Officer
NMLS #67830
Office: 828-650-9422
Serving in FL, NC, SC, TN
Branch: Arden

Meet Sonya

As the Branch Manager of Cornerstone Residential Mortgage, Sonya utilizes her over 20 years of mortgage experience to provide individualized service to each of her clients. She prides herself in working hard with each person to find the loan product that works with their specific situations and goals. Born and raised in Henderson County, she began her career selling real estate and quickly transitioned into the finance side, which turned out to be her true passion. She loves crunching numbers and is a natural problem-solver.

Sonya has experience working with several loan products which gives her the unique ability to work with buyers directly, hear their personal goals, and assist in finding a solution that will work for them. Her willingness to go above and beyond has led to many rewarding experiences assisting homebuyers reach their goal of homeownership, even those that may have otherwise thought this goal was out of reach. She provides educated advice rooted in her many years of experience and walks with her clients every step of the way on their way home.

Outside of work Sonya is active in fitness classes, hiking, and going on motorcycle rides in the beautiful surrounding mountains. She loves to spend time outside on the weekends at the lake with her husband, family, and friends.

FAQs

Common Questions For Sonya

What is a Mortgage Pre-approval?

A mortgage pre-approval means the first evaluation of your creditworthiness as the borrower. The mortgage lender will check your credit report and verify other information you provide during the loan application.

A mortgage pre-approval will help you understand the amount of loan you can afford. An affordable mortgage loan means less or no financial constraints during the repayment period

A mortgage pre-approval is also a way to show your trustworthiness as the borrower. A confirmation of your reputation to the lender will make it easier for you to get the home loan you desire.

Lastly, a mortgage pre-approval will make your negotiations easier. For instance, you can ask the mortgage lender to cater to your closing costs as part of your loan cost reduction.

What Are the Benefits of Shopping at Multiple Lenders?

When you only get the prices from one lender, you may not have the best opportunity to save on your mortgage. Taking a small hit to your credit score will not make a big difference when you are saving thousands of dollars by finding a smaller interest rate or an improved approval amount for your loan.

Seeing the different lenders also gives you an idea of the average amount you will be approved for. You will have a bigger picture of your mortgage opportunities and also have the chance to look at different types of loans, like a First-Time Home Buyers program.

Why Should I Avoid Big Purchases When Buying a Home?

If you plan to purchase a home in a few months, avoid making large purchases before and after applying for a mortgage. Making large purchases could increase your debt, translating to a higher debt-to-income ratio.

And one of the factors the lenders will check during mortgage application is your debt-to-income ratio. This ratio shows how much of your monthly income goes into paying debts, and a lower ratio is desirable when applying for a mortgage.

Even if you’re paying for the big purchase in cash, you can still jeopardize your mortgage application process. If the purchase drains your savings, you may end up having less capital, adversely affecting your mortgage approval.

What Is a Home Inspection?

A home inspection is an assessment of a property’s condition. A professional will look at the property’s structure and systems to determine their current state and identify potential problems. The inspector will produce a report detailing their findings, which you can use to make informed decisions about the property.

Reviews

What Clients Are Saying

Contact Sonya

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