Why You Will Always Remember Your First Mortgage Company
First love. First kiss. First car. First day of school. First pet. We remember our firsts. The same goes with our first mortgage company.
When you are getting involved in your mortgage as a first time home buyer, the time can seem to move so slow at times and so rapidly at others. You don't want to wait during the lengthy times and you don't want to be taken advantage of when time moves quicker. One thing about your first mortgage experience is that you will always remember dealing with your first mortgage company. Hopefully your first experience is a positive one because hopefully you have correctly vetted your company before signing or paying anything. You should be sure to try and wean out any bad seeds before you settle down with your first mortgage company.
Loan officer: One of the primary things you will remember about your first mortgage company is the primary mortgage consultant - or loan officer - you are dealing with. This consultant will be the one you call with questions, the one who gets back to you right away with any problems or anomalies, and the one who is your bridge between you and the home of your dreams. Your loan officer is going to bat for you and making sure you have all your details handled. You should be sure you're comfortable with this individual; if for any reason it doesn’t feel right it may be better to seek out a different company.
Purchase: Your first mortgage company will be the place you will make probably the biggest purchase you have ever made before. The mortgage company is also what will help you achieve your dreams of homeownership.
Check: You will also write this company a pretty big check every month. If your mortgage is paid through electronic banking that’s still likely a bill you will pay with a great amount of diligence and care every month. If you bounce a check or electronic payment to your mortgage company you can bet you will hear about it.
Buying a home is a huge event; especially when you are buying a home for the first time. You want to be sure that you are making the right purchase, at the right time in your life, with the right partner, and in the right location. But buying a home does not have to be something to be scared of; your first mortgage company experience can actually be a really positive one. You should just make sure your mortgage company has been correctly vetted and that you are sure before you take the plunge!
Make your first mortgage company experience a good one. Download "The Only Mortgage Loan Options Guide You Need" at the button below. The free guide walks you through loan options in today's market so you're prepared when house hunting.
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