First Time Home Buyers
Congratulations, you’ve decided to buy a home, probably the largest financial transaction you will make! It is both exciting and nerve racking, especially when you’re buying it for the first time.. However, when you have some knowledge to fall back on, the process becomes less challenging. Let your mortgage loan officer and realtor be your guide and educator.
Before you start shopping for a home contact us to get pre-qualified or pre-approved ( what’s the difference between( Pre-qualification and Pre-approval.. INSERT LINK )so you know exactly how much you can afford to spend on a home. Your real estate agent will want you to do this BEFORE they start looking for homes for you.
What to expect your MLO (mortgage loan officer) to do
1. Review your personal situation and goals to help make the decision on what type loan is best suited for you with the best rates and lowest closing costs possible.
2. Educate you and answer ALL of your questions (no question is too silly) on the process of obtaining a loan and keep you updated from start to close.
3. Keep the realtors involved informed of our loan progress (your personal information is never shared, just the status or progress of your loan).
4. Be accessible to you when you need us, communication between you and your MLO is important.