The best thing that has come out of what is going on with the mortgage crisis is consumer awareness. Those that didn't pay attention before to their mortgage,the terms, the rates, the buzz words, now ARE. Educating themselves of how to get a loan, what the process is, fixed rates vs. variable rates, ARM's, Balloon's, etc. If you didn't know what these terms meant before, I bet you do now.
Home-buyers are learning to ask questions & know how to get the answers they need. A good loan officer can assure you peace of mind throughout your loan application and all the way up to closing.
A good loan officer is crucial to making sure you know what you qualify for and the terms in which you qualify. When determining who will represent you with your mortgage here are a few questions to ask:
While finding a loan officer isn't hard, finding one that is honest & has high morals is important. Make sure your best interests are being considered every step of the way.
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Looking for more information on San Antonio Real Estate? www.KristinMoran.com to search for homes in San Antonio or anywhere throughout South Texas.
Kristin Moran, RE/MAX Access - The Moran Team "Sisters that sell", (210)313-7397, Kristin@KristinMoran.com. Buy or sell from me, use our truck for free!
Kristin Moran
Specializing in San Antonio & surrounding cities
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RE/MAX Access - Realtor®/Owner
KristinMoran@Remax.net 210.313.7397 www.SistersThatSell.com
Buy a home from me, use the truck to move for free!
Raltors need to educate themselves enough to be able to recognize the good ones. Ask a lot of questions....
Another question: Does the loan officer answer their phone at night? Weekends?
Hey Kristin... Outstanding post! I've noticed that there are a lot of great REALTORS in your area... I'm looking forward to getting to know you better.
Hi Kristin! A very similar blog has been brewing in my little brain! Who you use for you loan is absolutely crucial! There are some good ones out there but also some terrible ones! These are great questions that you posed!
Tom - So true! I don't see how some loan officers are available 24/7, I certainly do not expect that but at least call me back within 12 hours?
Debbie - Congrats on your 100K!
Cristal - Thanks ma'am. KM