Your mortgage broker will work closely with you throughout the home buying or refinancing process. In this way, Brad will help you to find the best loan program for your needs, ensure you understand the financing you are committing to and walk you through the entire process. However, there are many mortgage brokers to choose from, and you understandably want to choose the best professional for the job. By focusing on these factors, you can easily narrow down your options and make the best selection.
Experience in the Industry
To begin your search for a mortgage broker, read the professional’s bio online. Pay attention to the number of years the individual has been working in the mortgage industry. You may also look for specific experience for projects like yours. For example, if you need a new construction loan to build a house, you want to work with a mortgage broker with experience in this area.
Friendly, Helpful Service
Your loan process likely will extend for several weeks or longer. You want this time to be as pleasant and enjoyable as possible. When initially speaking with a few mortgage brokers, pay attention to how friendly and helpful they are. Your mortgage broker should ideally be fully supportive and genuinely interested in helping you set up a great loan.
Responsive and Attentive
Many mortgage brokers are very busy serving multiple clients. However, regardless of how busy they are, they still should be expected to provide you with a fast response to your questions and concerns. During the initial phases of your search, focus on how quickly calls and emails are returned.
The Ability to Follow Through
Because of how busy mortgage brokers are, some have a tendency to drop the ball in various ways. The last thing you want is for your loan file to be placed on the back burner because of an oversight. Pay attention to how well mortgage brokers follow through on what they say they will do.
Attention to Detail
Attention to detail is critical with loan applications. A minor transposition of a number or a misprinted word can wreak havoc on your loan application as the file progresses into underwriting. Carefully read through all details in the disclosures and preliminary loan quotes you receive to ensure that they are correct.
As you can see, you have a tall order of requirements for a mortgage broker to live up to. Brad Cullipher Mortgage Group provides a smoother overall loan process and lives up to these qualities and characteristics.