Choosing The Right Loan Officer ( What You Want To Know Wednesdays )

With housing rates the lowest they’ve been in 3 years, it’s time to start seriously looking at investing in your own home. Buying a home can be an intimidating adventure; having the right Loan Officer in your corner can make it a fun and enjoyable process. A Loan Officer is responsible for collecting all the necessary documentation for your home loan approval and submitting it to your lender. Your Loan Officer will act as your connection between you and the lender; they will update you on the status of your loan and if there is any more required documentation.

A Loan Officer will also act as an educator. Part of their job is to explain the loan process to you as a borrower and answer any questions you may have. You will want to choose a Loan Officer that explains the process in a manner that you understand, and answers your questions satisfactorily.

An excellent Loan Officer can make all the difference in your home loan process; you might even make a friend for life!

* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.