Working with a knowledgeable mortgage lender is invaluable to the home buying process. A mortgage professional will not only find you a home loan, he or she will offer helpful advice and assist you with setting goals to secure the best loan option for your needs. With so many home loan products to choose from, this can be a very important task, especially for the first time buyer.
In addition to being knowledgeable and having insight into your financial needs, the mortgage lender you work with should be pleasant, easy to communicate with and have a high level of professionalism. Finding a lender that meets this criteria isn’t as hard as you might think – if you know where to look.
Here are a few things you can do to find the right mortgage lender for your home financing needs:
Ask family members, friends or coworkers about their experience with their mortgage lenders.
When interviewing different loan officers, ask about interest rates, points and fees. You may find that these figures vary widely from company to company.