Craig Summers, Real Estate Professional, Talks About The Importance of Choosing the Right Loan Officer
One of the most important parts of the real estate transaction process is choosing the right lender to work with for your loan. These days, more than ever, it’s important to find a reputable, experienced mortgage loan officer who can actually deliver what they promise.
In recent times, there were problems with lenders making promises that they could not keep. With the changes in the real estate market, you desperately need someone to work with who understands how the real estate loan process has changed a lot in the last couple of years. Due to new guidelines and processes, your loan can be delayed by working with someone who is not experienced in the process. In other words, you need someone who can solve problems quickly and keep the transaction on track.
So what is the best way for choosing a lender? The easiest way to do this is to ask your real estate professional who they recommend. Real estate agents typically work with only a handful of mortgage professionals. This is because they’ve spent time weeding through those people who did not do a good job. The word gets around in the real estate community if a particular lender or loan officer is not reputable or experienced enough to handle problematic situations.
If you are not working with a real estate professional, you can also ask around to friends and family to see if they have anyone to recommend. Be wary about working with someone you are personal friends with or who is a member of your family because sometimes business activities do not go well and working together can harm the relationship in the end.
If you need some recommendations for a loan officer, feel free to visit my website at www.pauldingandpolk.com or contact me directly any time at 404 374 1620. I am more than glad to provide you with free tips and information about buying a home in and working with a mortgage professional in our area.
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