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Questions to ask your Mortgage Pro

First-time homebuyers must leave their comfort zone when applying for that first mortgage…even move-up buyers can feel uncomfortable. But basing a final decision on a random lender or even type of mortgage doesn’t make sense without all the facts.

Prospective homebuyers should interview more than one lender, ask the right questions, and compare the answers. There is no best mortgage. The conditions and rates that work best for one household may not be ideal for another.

The top five questions are:

  1. What are the total costs to get a mortgage?
  2. What is the best program for me…based on my financial goals and situation?
  3. What documents will be required ahead of time to avoid delays?
  4. What are the service ratings for your company, and where can I find them?
  5. How long have you (the loan officer and the company) been in the mortgage business?

Most buyers have very little knowledge about how to be able to qualify for a mortgage…let alone find a great deal when it comes to a home loan.

But with rates as low as they are…borrowers have the opportunity to tap into substantial savings. If you have the right information…know what to do and what to avoid…there’s no need to be intimidated or shy away from the process.

And in the end…when you are happily moved into your dream home…you will be so thankful you took the steps to make it happen!

I’d love to help you…so give me a call then we can get you packing!