What specific steps do you use to help your customers find the best home loan for them?
Consultation with a loan officer is a very important step for anyone who is buying a home especially the first-time home buyers. Together, we review what preparation they have made to actually take the step to buy their first home, then we dive deep into their credit, income and assets. After all, this is possibly the most expensive decision that they will be making in their life, so they better be well prepared and make a confident decision.
What are the top 3 misconceptions people have about the home loan process?
The top 3 misconceptions that homebuyers have about the loan process are: 1) They need an excellent credit score to apply for home financing. There are actually loan program options that may allow credit scores as low as 620-640. Although a homebuyer can get a loan with a low credit score, maintaining certain responsible behaviors could be their key to protecting their pre-approval while they shop for a home. 2) Another misconception that homebuyers have is that they need a large down payment or 20% down payment to buy a house. First time homebuyers can use down payment options starting at 3% and there are state and federal programs that allow 0% down payment. 3) They only need to focus on the monthly payment. There are other financial considerations in buying a home such as the closing cost, home insurance, property tax, repair and maintenance, that if overlooked, will lead a homeowner to serious financial burden.
What resources could you recommend that borrowers use to learn more about the mortgage process and how to ensure a successful home closing?
Guaranteed Rate has a host of information and materials that will aid anyone who is buying a home - download the GR App to get started.
What provides you with the most satisfaction in your job as a Loan Officer?
A successful closing, on-time and happy customer is my goal.
What do you enjoy doing most in your spare time when you are not helping people with their home loans?
I love to walk, jog, hike, bike, bowling, golf and attend social events to support worthy causes.
Tell us something that makes you unique or something wacky, yet interesting about you?
My friends tell me they see me everywhere. That’s because I say yes to any events that support worthy causes. I have a good sense of humor, though.