I'm Tyler. Your local Loan Officer.

Committed to giving you all the support and guidance you need to find the right mortgage options for you and your family.

Prequalify Now
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Tyler McElroy

Loan Officer

Committed to giving you all the support and guidance you need to find the right mortgage options for you and your family.

Prequalify Now

About Tyler.

On a daily basis you will find Tyler using his 13 years of experience helping the team of mortgage brokers at JP Mortgage serve their clients at the highest level. As with any small business, his role of VP means he must wear multiple hats. He has closed thousands of loans and continues to help his past clients and new clients with their mortgage needs. Having spent many years working for the largest lender in the country, he is now very happy to be able to take a more hands on approach with his clients.

Tyler loves the mortgage industry, but his top priority is his family. He has been married to his wife Becky for 9 years, and together they have two awesome boys. If he’s not at his desk, it’s a safe bet he’s outside getting in to trouble with his boys, hitting the mountain bike trails, or pursuing his life’s work, golf. Oh, and the dude can cook.

What's the best loan for my situation?

The answers to all your mortgage questions...

Committed to giving you all the support and guidance you need to find the right mortgage options for you and your family.

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No! With FHA loans you can get approved for as little as 3.5% down, VA and USDA loans can offer you $0-down options, and with Private Mortgage Insurance (PMI) you can get into your new home with less than a 20% down payment. Whatever your situation, you have options.

No. Pre-qualification and pre-approval are two different things. Pre-qualification means that a mortgage lender has reviewed your financial records and believes you will qualify for a loan. A pre-approval is a conditional committment from a lender that they will lend you the money for a mortgage.

A fixed rate mortgage means that the interest rate is set when you take out the loan and will not change. With an adjustable rate mortgage, the interest rate may go up or down after a certain amount of time. Many adjustable rate mortgages will start at a lower interest rate than fixed rate mortgages.

Private Mortgage Insurance (PMI) is a type of insurance you may be required to pay if you are taking out a conventional mortgage with a downpayment that is less than 20% of the home's overall value. If you refinance your home with a conventional loan and your equity is less than 20% of the home's value, you may also be required to pay PMI. Private Mortgage Insurance protects the lender in the event that you stop making payments on your loan.

Yes! Your mortgage advisor can help you find the right refinance and reverse mortgage options to help you access your home equity before you've finished paying off your loan. This can help with covering the cost of remodels, college tuition, long-term care plans, and more! Talk to your mortgage advisor to find out how you can access your home equity to cover any of your life's needs.

The first thing you should do in the event that you can't afford your mortgage payements anymore is reach out to your lender. An experienced mortgage advisor can help you find options, such as refinancing or restructuring your loan, to help you keep up with your payments. Always reach out to your lender to ensure that you can keep up with your payments and stay in your home.