Devin Shrum discusses finding the best mortgage professional when buying a home.
Listen to the interview on the Business Innovators Radio Network:
When finding a mortgage professional, it’s essential to ensure they have the qualifications and experience to provide sound advice. Before deciding on one, there are specific questions people should ask themselves:
- Is the mortgage professional licensed? People will want to check with the appropriate state or federal agency or a local consumer protection agency to ensure they have the proper credentials.
- Does the mortgage lender have experience in residential loan financing? People should ask them about their years of experience and how long they’ve been in business. Also, make sure they specialize in loans to buy a home so they can trust their expertise.
- How well does the lender understand their client’s financial needs? It’s important to make sure that a lender understands people’s individual needs so that they can provide advice tailored to them. People should also determine if the lender has special programs for first-time homebuyers or other unique situations.
- What type of customer service does the mortgage lender offer? It’s essential to ask how quickly they respond to calls and emails and whether or not they’re available on weekends or evenings. It’s essential to have a lender who will be responsive and communicative when it comes time to close the loan.
Devin said: “Make sure the lender is able to explain their process in detail and answer all of your questions clearly and concisely. Doing research before selecting a mortgage professional is one of the most important steps of buying a home, so choose wisely!”
Client Julie L. says: “Great experience. The communication and professionalism were top-notch. Closing was convenient as the Spire team came to my work. I would definitely use them again for future mortgage needs.”
About Devin Shrum