When it comes to buying a home, many potential buyers start by finding a real estate agent that is not only knowledgeable of the home buying process but also pleasant and friendly. Many homebuyers don’t know it’s equally as important to connect with the right loan officer before you start your home finance journey. After all, buying a home is likely the largest purchase you’ll ever make, so having the right person on your side is key! In honor of Mortgage Professional Month, here are a few things to consider when searching for the right loan officer for your needs.
Local Market Expertise
There’s something to be said about working with a local lender. When you’re in the midst of the largest financial transaction of your life, it’s very beneficial to be able to sit in front of your lender via screenshare and walk through the buying process. It’s not uncommon for questions to pop up, and it’s a lot less stressful if you can talk directly to your lender and come up with a solution to keep you on track for closing. Local lenders also have the advantage of knowing other professionals like real estate agents, home inspectors, and closing attorneys who they can recommend to you.
Attentiveness to Your Needs
You can tell a lot about someone by how they communicate with you and how quickly they respond to your requests. A good loan officer understands that buying a home is a very confusing, and sometimes stressful, experience and makes sure that there are no questions left unanswered. There’s no doubt about it, loan officers are busy, but the best of the best will always take a few minutes out of their busy day to chat with you or respond to your email!
Financing Solutions Fit for You
It’s true, mortgages are not one size fits all! There are so many options out there, and a great lender will be sure to help you figure out which one is best for your unique situation. A knowledgeable lender will know the ins and outs of each mortgage program and can help guide you in the right direction while giving you enough space to figure out which program best fits your individual needs.
First-Time Buyer Expertise
It’s easy to feel overwhelmed if you’re buying a house for the first time, but a good lender will help you enjoy the process from start to finish. He or she will walk you through the mortgage process and answer every question that pops up throughout your journey, no matter how small or insignificant you may think it is! Being well informed is so important, especially as a first-time buyer. A great lender will ensure you’re fully prepared before, during and after the journey and alert you about potential refinancing opportunities in the future!
At C&F Mortgage, we are focused on you every step of the way and have the knowledge you’re seeking in a lender. Get in touch with one of our local industry experts today to begin your home buying journey.