It’s decided. You are ready to move into a new home or purchase a property. You’re so excited for this new beginning and looking forward to everything…except for the part where you have to go out and find a mortgage.
Whether you’re a first time purchaser or a seasoned homebuyer, the first step is securing a mortgage. The overwhelming, intimidating, and daunting nature of this task is enough to deflate you into a stress puddle. The mortgaging process is painstakingly detailed and has a lot of moving parts, but you don’t have to go it alone. Working with a mortgage loan officer will be your saving grace as you make one of the biggest financial moves of your life.
A mortgage loan officer is someone who works with potential borrowers hoping to take out a mortgage for the purchase of property. Simply put, a mortgage loan officer is your advisor and guide throughout the entire mortgaging process. Their job is to keep the process as easy as possible for you so you can spend more time basking in the glow of your new homeowner status.
When you set your sights on a mortgage loan officer they will begin by getting to know you and your goals and answering any questions you may have. Then, they will compile all the important nuggets of information you gave them and gather your background financial information. A mortgage loan officer will often complete all the tedious paperwork for you (score!), so your application should be dealt with faster. Upon analyzing and assessing the options, they will recommend a mortgage that is suitable for you and will tell you which ones you’re most likely to get. Once they submit the applications, they will monitor all loan progress from application to closing.
So basically, a mortgage loan officer takes care of all things mortgage, so the only percentage rate you will have to worry about is that they 100% have your back.
Aside from simply being able to complete these necessary tasks associated with processing a mortgage, a good mortgage loan officer should posses certain characteristics to help their clients succeed. The best way to ensure you’re working with a good mortgage officer is to do a little homework. Ask for references from previous clients, check out their website and read online testimonials, and most importantly, go with your gut. Once you meet with the mortgage loan officer, you will be able to get a better sense of their work ethic and determine if they’re up to snuff.
Joe Daniel knows that getting a mortgage is one of the biggest financial decisions you’ll ever make and the importance of getting it right. As a mortgage loan officer, Joe helps people obtain financing and makes one of life’s biggest decisions a lot less stressful. How? By simplifying the process, keeping you in the loop every step of the way, and getting you into your new home as quickly as possible!