Who is your typical customer and what questions do they typically have?
What is the difference between a Pre-Qualification & a Pre-Approval? A Pre-Qualification is simply an estimation of how much a client can borrow. Pre-Approvals are written commitments to lend by Guaranteed Rate. Client documentation is required and reviewed which gives our clients and home sellers peace of mind. Pre-approvals make clients' offers stronger and more likely to be accepted in strong seller markets
What specific steps do you use to help your customers find the best home loan for them?
The best advice we have for clients looking to buy is to have a plan in place before shopping for their dream home. We discuss home ownership goals along with budget, types of mortgages, timelines, and credit scores. This allows us to guide clients placing them in best position to buy their dream home.
What are the top 3 misconceptions people have about the home loan process?
Misconception 1: the process is stressful. Buying or refinancing a home does not have to be overwhelming. The TEAM keeps the process simple with open communication throughout every step of the process using the newest and best technology available.
Misconception 2: a 20% down payment is required. Some programs, like VA & USDA, have no down payment. Other programs have down payment options starting at 3%.
Misconception 3: I’ve been denied in the past, so I cannot qualify. All lenders are not created equal. With trained and experienced mortgage loan experts, like out TEAM at Guaranteed Rate, we canvas all available options for our clients. Even if home ownership is not an immediate reality for our clients, we prepare plans for making their dream come true.
What provides you with the most satisfaction in your job as a Loan Officer?
I love my job because we have been able to assist Colorado residents with building home equity while enjoying the tax benefits that come from owning a home. We have assisted clients with purchasing their first homes and others looking to trade up. Many have refinanced existing mortgages to better rates, lowering payments. Savings, if any, vary based on consumer’s credit profile, interest rate availability, and other factors. Applicant subject to credit and underwriting approval. Also, many need money in their pocket, and we may be able to cash out the existing equity with a refinance.
Guaranteed Rate does not provide tax advice. Please contact your tax adviser for any tax related questions.
What do you enjoy doing most in your spare time when you are not helping people with their home loans?
I found my calling, service to Veterans, when I returned home from the Anbar Providence, Iraq in 2006. I am now a Veteran activist and local Colorado Springs community volunteer. I am a foodie. I like to cook, but I love to eat great foods even more. Ask me for local restaurant recommendations! I enjoy skiing and always busy my season passes early. So, I hope to see you on the slopes. My teenage son and I can be found on Colorado's hiking trails and our local racquetball court.