How long have you been in the mortgage business and what inspired you to get into it?
I have been in the mortgage industry since 2005. At the time, I was working at a small broker firm; it was there I was introduced to Guaranteed Rate, and was impressed with the company’s platform, extensive products and competitive rates. I’ve thoroughly enjoyed growing my business and career here while helping others get into their first home, dream home, or save money on their current housing payment. I specialize in mortgage financing in Illinois, Texas, and California, however available to service you no matter the state.
What specific steps do you use to help your customers find the best home loan for them?
I speak with all of my clients to educate them on the entire home purchase process, not just the loan process, as most clients, especially first time home buyers, do not know what it all entails. I want to be sure they are 100% comfortable with the process and understand it from going under contract to loan funding. I use a software called Mortgage Coach that will break down, analyze and compare different loan products and programs, including rates, payments, closing costs, and pre paid items so my clients have a full understanding of how the transaction will look for each option, and discuss these options with them fully. I go above and beyond to give options to compare so my clients are confident they are in the loan that is best suited for them.
What advice would you give new or first time home buyers?
Not just for first time home buyers, but for all buyers, I would make sure your financial documents are in order. The more organized they are, the easier it is for us to do our job to get the loan cleared to close in an efficient manner. Make sure to have the last 2 years of tax returns and W2's, last 2 pay stubs, and last 2 months of bank statements. Try to minimize moving money around as that can cause questions from underwriting resulting in more paperwork. Try to limit the amount of times you have your credit ran in the 120 days prior to purchasing, and don't purchase any big ticket items until the loan process is complete, as underwriting sees all!
How has the mortgage industry changed since you started, and what would you expect in the future?
The mortgage industry has changed drastically since I started in 2005. Back then, it was the end of the so-called subprime era, where stated documentation and asset loans were common. Now, borrowers need to supply more documentation than ever to qualify for a loan. On top of that, these documents are highly scrutinized and double verified by underwriting. I expect this needed level of detail to continue, however am always encouraged by Guaranteed Rate’s evolving technology to assist in asset collection and make it easier for borrowers and lenders alike.
What can borrowers do to ensure a smooth mortgage underwriting process?
Again, organization is key. As long as all requested documents are provided in a timely manner, there will be no issues with underwriting and your mortgage process will be seamless.
What provides you with the most satisfaction in your job as a Loan Officer?
Helping individuals with, for most, what will be the largest purchase they will make. I take pride in being a great resource for my clients to make it as stress free of a process as possible
Tell us something that makes you unique or something wacky, yet interesting about you?
I am an only child from a small town in Illinois, but love the city life. I enjoy keeping in shape, but also like to find unique new places to eat. Though I live in Texas now, I’m a die-hard Chicago sports fan at heart - south sider Sox fan for baseball, Bulls and Bears.