If you’re thinking about buying or refinancing a house in Atlanta, and if you’re going to get your mortgage with the help of a mortgage broker, make sure you get the service you need. Read this blog post for information about getting a mortgage? Demand these 3 things from your mortgage broker in Atlanta…
If you’re planning to buy a new house or refinance your current one, you might want to think about getting help from a mortgage broker Atlanta GA. A professional mortgage broker can provide many different benefits and services and they should be focused on serving you and helping you.
So, buying or refinancing?
Demand these 3 things from your mortgage professional in Atlanta. (And if you don’t get them, find another broker who can help you).
1. Ask for their track record
Find out how good your broker will be in representing you. See if they can provide you with testimonials and success stories, or some other kind of indicator of how well they will represent you. Remember, they should be able to find you the best deal possible based on your unique situation.
2. Ask for all your options
A mortgage broker wants to get you a mortgage as soon as they can. Although they want you to be happy, of course, they also want to minimize how long they take to work with you. Demand that they spend all the time you need, until you feel comfortable with the options they present you.
One way to get their help here is to ask what other programs are available, and, ask them to explain those options. The reason is simple: A mortgage broker might want to just give you one or two possible options… but what if after you have explained everything and asked what other mortgage programs were available to you… you find an even better deal?
3. Ask for different scenarios
Mortgage brokers can often be focused on getting you standard options as quick as possible. For example, you might want to buy a new home, so your loan officer gives you a standard rate and program. But you live in a qualified area to receive a lower down payment and rate. You should always ask your loan officer to run a few loan scenarios by you first based on your unique situation so you can be assured you are getting the best deal for YOU.
Mortgage brokers are not all the same. Some will do more for you and some will do less. But if you want a mortgage lender to serve you, make sure you know ahead of time what you want and ask them if they’ll do it. Buying a or refinancing house? Demand these 3 things from your mortgage broker in Atlanta… and you’ll love getting the best deal possible!