Browse the topics below to view answers to questions that have been submitted by borrowers and prospective borrowers.

• Q. What is Debt to Income Ratio?

  A. Often referred to as DTI, is the percentage of a consumer’s monthly Gross Income that goes toward paying debts.

• Q. How much can I borrow?

  A. There are many variables used to calculate the maximum loan amount you will qualify for. The easiest way to know what you can qualify for is to contact a mortgage professional (866) 825-6261.

• Q. Who is Flagship Financial Group?

  A. Flagship Financial Group (FFG) has been in existence since 1999. FFG was founded by individuals with over 25 years of combined experience in the mortgage industry. FFG has grown to become one of the largest brokerages in the state of Utah and has divisions specializing in just about every aspect of the mortgage business; including FHA and VA products, Conventional Mortgages (both conforming and non-conforming), Partnership opportunities, and more. Each FFG owner also operates a FFG Branch. It is this involvement and expertise that has made FFG the desired place to work for mortgage professionals nationwide. From this tremendous growth the FFG Partners Division evolved. The FFG Partners Division was designed solely to insure the success of all of FFG’s Partners as the company continues to expand across the nation.

• Q. Is FFG a banker or a broker?
  A. FFG has the ability to bank loans, but has found since the industry has changed there is no real advantage with regards to price and risk. Each Partner is allowed to broker 100% of their loans and benefit from the lenders with which we have preferred pricing.