How long have you been in the mortgage business and what inspired you to get into it?
I have been in the mortgage business since 2001. I’ve always loved helping people and this was another way for me to help people achieve their dream of becoming a home owner, whether a first time homebuyer, investment property to buying a vacation home or refinancing.
What specific steps do you use to help your customers find the best home loan for them?
I listen first, then educate and explain the best loan options based on my client's goals for financing the purchase of a new home. My process is designed to help them make an informed decision.
Tell us about a mortgage product that consumers may not be aware of?
Guaranteed Rate's 3-2-5 down payment assistance program assists consumers who can put down 3% of a home's purchase price by providing them with an additional 2% grant that can be applied toward closing costs or keep the cost of their loans down.
How has the mortgage industry changed since you started, and what would you expect in the future?
Times have changed since I joined the mortgage industry, between the mortgage melt down a few years ago and days of no down payment no documentation loans. Today depending on the loan type VA and USDA loans offer no down payment loans. FHA requires 3.5% down payment while conventional loans require as little as 5% down. The guidelines and credit score requirements have tightened simply put the lenders are asking for more documentation and better credit scores. I expect more changes will come and that\'s a good thing for the consumer today we see more transparency and competitiveness among banks.
What 2 or 3 mobile apps would you recommend for home buyers or house hunters, and why? What Smart Apps do you recommend your customers use for the house hunting process?
My personal mortgage app that links to my Guaranteed Rate home page and allows clients to apply online, check rates at anytime and learn about the mortgage process and what to expect. I would also suggest the Redfin app for consumers looking to purchase a home. Redfin offers awesome technology when it comes to the real estate industry.
What can borrowers do to ensure a smooth mortgage underwriting process?
The process of getting a new mortgage can be overwhelming, to many borrowers. To insure a smooth mortgage underwriting process be prepared and ask questions. Avoid opening new credit card accounts and buying big ticket items before closing on your loan. Having recent credit activity will send a warning flag you want to avoid this it can keep you from qualifying. Always provide accurate information during the loan application process be as detailed as possible with your answers. After your loan is pre-approved it\'s time to provide required supporting documents things like income, assets, employment history, and housing or rental history. The underwriter will want to verify all conditions before giving final approval and closing on a loan. Following these steps will insure a smooth mortgage underwriting process and overall experience.
Are you active in any local associations or community groups, and at what level? What goals and/or success have you helped these groups achieve?
I grew up in Houston with one brother. I enjoy helping others spending time with family and friends, reading, traveling and working out in my spare time. I also like watching and attending sporting events in my community and professionally.
What provides you with the most satisfaction in your job as a Loan Officer?
I'm happy to be part of the home buying process with my clients. It's a great feeling knowing that I played a part which is something I don't take for granted.
Tell us something that makes you unique or something wacky, yet interesting about you?
I do my very best to attend all of my closings to support my clients.