Whether you’re preparing to buy your very first home or purchase land and build your dream home, navigating the homebuying process can be complex and challenging. It’s important to have a trusted financial partner on your side throughout the process, one who is equipped to help you from application to closing and beyond.
In many ways, finding the right mortgage specialist to work with is just as important as teaming with the best realtor. As a potential homebuyer, you have the power to select an expert mortgage loan officer who will work with you every step of the way. Together with your trusted real estate agent, you’ll have your homebuying dream team in no time.
Here are four ways you’ll know you’ve found the right mortgage partner:
1. They prioritize educating you, not making a sale.
The right mortgage lender will never pressure you to complete a sale. Work with a mortgage loan officer who will first ask you questions to understand your needs, then identify the product that best suits you. Your mortgage loan officer should be a partner who guides you through the process and ensures that you understand your options so you’re well equipped to make the right choices.
2. They have deep ties with your community.
A financial partner that’s based in your community will have a much greater understanding of the local market and what it takes to buy a home in your area. This elevates the community and ensures your investment stays in the local economy.
3. They look at you as more than just a number.
Select a mortgage partner who sees you as a partner, not just an account number or a digit on their bottom line. After all, you’re building your dream team! Your lender should service your needs well beyond the day you get the keys to your new home.
4. They offer several options, even if you feel like there’s nowhere else to turn.
Not all mortgage lenders are created equal. Identify a financial partner who offers a wide range of options, so you’re not stuck with a mortgage that is wrong for you. The right mortgage loan officer will tailor a product specifically to meet your mortgage needs and financial situation.
