Choosing a mortgage company
Before someone will lend you money to purchase your next home, they are going to want to know a lot about you….and you’re entitled to know as much about them.
This is important because retaining a mortgage is not just a one-time signing of documents, a handshake and receiving a check. You will be depending on your lender to fund the loan, on time, as promised and over the life of the loan, keeping good payment records, paying your taxes on time (should you choose the option to do so) and many other continuing services.
Talk with your Realtor® about the lenders you have in mind. Experienced agents are fairly familiar with mortgage lenders and banks in your area, and should be able to give you sound advice about the lender/banks reputation, qualifying procedures, and many unique programs and benefits they may offer.
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