Mortgage Broker SOM Niroula

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United States
Columbus, OH
Mortgage Broker SOM Niroula

SOM NIROULA | Mortgage Loan Originator | NMLS #2072498. Loan Factory | NMLS #320841
www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/320841

03/08/2026

Buying a home loan has many steps, and it can feel confusing. That’s why it’s important to work with someone who keeps you informed and guides you through every step of the process.

From submitting your loan, to underwriting, to closing — I make sure you always know what stage your loan is in and what happens next.

My goal is to make the process smooth, clear, and stress-free for you.

Many of my clients say in their Google reviews that they appreciate:

Fast responses and clear communication

Honest advice and transparency

Helping them understand the loan process

Making the experience smooth from start to closing

If you're thinking about buying or refinancing, I’d be happy to help guide you through the process.

Som Nath Niroula
Loan Officer | NMLS #2072498
📞 (404) 804-2166
🌐 https://www.loanfactory.com/somniroula

✉️ [email protected]

03/06/2026

Many people think buying a home is very hard, but some of the things they hear are not true.

❌ You do not always need 20% down to buy a home. Some programs allow much less.
❌ You do not need a perfect credit score like 700+. Some loans work with lower scores.
❌ You do not have to be a first-time buyer. Even if you owned a home before, you may still qualify.

Every person’s situation is different. The best way is to check your numbers and see what you qualify for.

Som Nath Niroula
Loan Officer | NMLS #2072498
📞 (404) 804-2166
🌐 https://www.loanfactory.com/somniroula

✉️ [email protected]

03/05/2026

Many homeowners think refinancing is just about getting a lower interest rate, but it’s really a financial strategy.

Refinancing can help you:

Lower your monthly payment

Shorten your loan term (pay off your home faster)

Remove PMI

Access home equity for other financial goals

Improve your overall loan structure

However, refinancing only makes sense when the numbers work for your situation, including costs, savings, and how long you plan to stay in the home.

If you’re curious whether refinancing could benefit you, we can review your numbers and see if it makes financial sense.

Som Nath Niroula
Loan Officer | NMLS #2072498
📞 (404) 804-2166
🌐 https://www.loanfactory.com/somniroula

✉️ [email protected]

03/04/2026

Many buyers focus only on the interest rate, but the rate is just one part of the mortgage.

Your overall loan outcome also depends on:

Down payment

Loan term (how many years you finance)

PMI (private mortgage insurance)

Closing costs or points

The right strategy with these factors can sometimes save more money than just chasing the lowest rate.

If you'd like, we can review your numbers and find the option that works best for you.

Som Nath Niroula
Loan Officer | NMLS #2072498
(404) 804-2166
https://www.loanfactory.com/somniroula

[email protected]

02/24/2026

Many buyers are waiting to see if rates drop, but rates could also rise again this year. Waiting might cost more in the long run.

The right decision depends on your goals, budget, and timing — not just market headlines. Let’s review your options and see what makes the most sense for you.

Som Nath Niroula
Loan Officer
NMLS #2072498
(404) 804-2166
[email protected]

02/08/2026

A Loan Estimate is a 3-page document your lender gives you after you apply for a mortgage. It shows your estimated interest rate, monthly payment, loan terms, and closing costs, so you can clearly understand what you’re being offered before moving forward.

Reviewing your Loan Estimate carefully helps you compare options and avoid surprises at closing. I’m here to walk you through every section and make sure you’re getting the best deal possible.

📞 Som Nath Niroula – Loan Officer
CO NMLS #320841 | NMLS #2072498
📱 (404) 804-2166
✉️ [email protected]

02/07/2026

Closing costs are the extra fees you pay when you buy or refinance a home, on top of your down payment. They can include appraisal fees, lender fees, title services, and prepaid items like taxes and homeowners insurance. Closing costs typically range from 2%–5% of the purchase price.

The good news? In many cases, these costs can be negotiated, reduced, or rolled into the loan depending on your situation. I’m here to help you explore the best options and keep more money in your pocket.

📞 Som Nath Niroula – Loan Officer
NMLS #2072498 | (404) 804-2166
✉️ [email protected]

01/28/2026

🏠 What is a DSCR Loan?

A DSCR (Debt Service Coverage Ratio) loan is an investment property mortgage where approval is based on the rental income of the property, not your personal income.

👉 Instead of asking, “How much do YOU make?”
👉 The lender asks, “Does the RENT cover the mortgage?”

💡 How it works:

If the property’s rent can cover the monthly mortgage payment, you may qualify

No W-2s, pay stubs, or tax returns required

Great for real estate investors, self-employed borrowers, or those with complex income

Who DSCR loans are best for:

✔ Rental property investors
✔ Airbnb / short-term rental owners
✔ Self-employed borrowers
✔ Buyers scaling multiple properties

⚠️ Important to know:

Down payment is usually 20–25%

Interest rates may be slightly higher than traditional loans

Credit score and reserves still matter

A DSCR loan lets your property qualify itself using rental income — not your personal income.

01/27/2026

Think your credit score disqualifies you from buying a home?
New guidelines mean lenders may look beyond just the number. Income, savings, and payment history can play a bigger role than you expect.
It might be worth checking before you rule yourself out.

01/15/2026

🏡 Retired but House-Rich?
Unlock your home’s potential with a Reverse Mortgage! Stay in the home you love while converting equity into cash.

Key Benefits:

Access Equity: Turn home value into cash.

No Monthly Payments: Eliminate required monthly mortgage payments.*

Total Flexibility: Choose how you receive your funds.

*Borrowers must continue to pay property taxes, insurance, and maintain the home.

Let's Chat! 📞 (404) 804-2166 📧 [email protected] 🌐 loanfactory.com/somniroula

Som Nath Niroula | NMLS: #2072498

01/13/2026

"Tax returns killing your mortgage approval?
We don't just look at minimized numbers.
Loan Factory uses 12-24 months of real business bank statements to show your true cash flow — so self-employed borrowers get the financing they actually qualify for.
Talk to Som Nath Niroula today!
📞 (404) 804-2166
[email protected]"

Address

Columbus, OH
43230

Telephone

+14048042166

Website

http://www.loanfactory.com/somniroula, http://www.loanfactory.com/somniroula/disclosure, http://www.loanfactory.com/somn

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