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The Seven Most Important
Questions |
| 1. Do you have a variety of
loan programs to fit my cash flow and expected length of ownership
needs?
A full service lender with relationships throughout the mortgage industry is a must in today’s market. Lenders need the flexibility of the small business owner and the clout of a large company. With us, you have a mortgage professional on the cutting edge of the industry and the size and stability of our company. 2. Do you offer pre-approvals, not just pre-qualifications, and back them with a $500.00 guarantee? In today’s market, a pre-approval can be a powerful negotiating tool. The old system saw the buyer spending many hours locating the perfect home, carefully drafting an offer, awaiting acceptance of the offer, and then consulting with a Loan Officer. Filling out the multitude of forms and applications and having all this work go to waste because, for whatever reason, you get turned down for a loan. Consider the peace of mind and negotiating power you could gain if you had an approved loan before you made an offer! With my “Guaranteed Approval Program” you will receive a pre-approval certificate that will compel any seller to give your offer serious consideration. If the seller accepts your offer and then for some reason you fail to qualify, we will pay them $500.00 for their trouble. Stop doing it the old way and get on the cutting edge! “Don’t judge a loan by its interest rate alone” 3. Do you have the ability to handle difficult credit history? Without the ability to assist clients with credit difficulties, the term “full service” lender does not apply. The size and scope of our company allows us access to many different sources to place even the most difficult cases. The care and concern that we bring to each and every transaction is invaluable in meeting any special needs that you may have. 4. What is your phone call policy? If you do not receive communication throughout the loan process, you are not receiving service. You should not have to pay for that kind of treatment. I am committed to calling you during the loan process and before closing. This system keeps you informed through the entire process, and my clients appreciate this kind of care. 5. How do I know I will get what I was promised? We have all heard the horror stories of borrowers who go to settlement only to find out that the loan they thought they would receive is not available or has become more expensive. We provide you with detailed written estimates of all costs associated with the loan, including monthly payments, closing costs, points, and escrows. All of our lock-in commitments are in writing, so you will know exactly what you are receiving from the first day of application. 6. Do you have a 24 Hour Loan Status Update System? I want to be able to find out how the loan process is going, and I don’t want to have to play “phone tag” with you to do it. You are part of the team that will work to get your mortgage approved and you moved in to your new home. That is why we created “World Class Updates”, a 24 hour internet system that you can use to find out the latest status of your loan and leave a comment or question you may have. 7. What is the most important aspect of the mortgage application process? Answer: An APPROVED MORTGAGE!! A simple and obvious answer, but one that alludes the average lender. |
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Avoid the stress of selling your home, while trying to buy another home! Get pre-qualified for your next home - BEFORE you sell your current home! Click now. |
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