Mortgage bankers, also known as mortgage brokers, mortgage lenders, and loan officers, play a vital role in the home buying process. These are the companies and individuals responsible for helping you get a home loan. But it's not as easy as it sounds.
Many people focus exclusively on interest rates when applying for a loan, often ignoring the individual they will be working with during the purchase. Frankly, this is a mistake.
Your loan officer will be the person who shepherds you through the entire home-buying process, including helping you navigate around any bumps in the road along the way. Their professional experience and relationships with various underwriters are often the difference between a timely approval and drawn-out mortgage nightmare.
Think about it like this: would you prefer to go to your closing with the confidence every I is dotted and every T crossed? Or would you rather worry the entire time about missing paperwork, incorrect dates, or a myriad of other tiny problems capable of derailing the whole thing?
Bottom line: Who you choose is just as important as how much you’ll pay.
Once you’re in your beautiful new home, you might think this is the end of your acquaintance with your mortgage professional. However, the best mortgage bankers know you’re likely to need their services in the future. Whether you’re refinancing to lower your interest rate, accessing cash equity in your house, or buying an investment property, your mortgage banker should be there, ready to help.
Here at Midland Mortgage, our team is comprised of some of the industry’s best and brightest. We serve all of the Carolinas, Georgia, Virginia, Alabama, Illinois, Ohio, Maryland, and Indiana. To start a long-term relationship with one of our experienced mortgage bankers, contact us today! We are here for you!