Choosing The Right Mortgage Lender

Dated: September 9 2021

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When beginning your Home Buying Journey, the mortgage lender you choose to finance your new home is just as important as finding the right realtor to work with. Unfortunately, not all mortgage lenders are the same. Being issued a pre-approval letter means nothing if you can't get to the closing table. I've seen lenders kick out pre-approval letters without verifying anything other than credit scores and employment, leaving the buyer at risk of not closing and loosing their earnest money. Yes, there are lenders that are numbers driven and forget that there's an actual person on the other side of the deal.

Qualifying for a home loan is not just about credit and income, there's just more to it than that. When your file gets to the underwriter, they have system in place to skip trace and look over your entire financial history whether it shows on your credit report or not.

A good lender, before issuing you a pre-approval letter should be verifying Credit, Income, Job Status, Debt, Financial Statements, Tax Returns, Available Funds to Close and any other docs pertaining to your situation.

Yes, there are times that unforeseen situations occur where the deal just can't be done. But your Realtor & Lender should be putting you in the Best Position Possible as long as you are being upfront and honest with them. It's a team effort, so you have to do your part too.

My Team & I have had a 99% Success Rate with getting a deal done from contract to close. I have preferred mortgage lenders that I work with that are great at what they do and have stepped in to save a deal or two. When you choose to work with me and anyone that I refer you to, you will never feel like your just a number. You'll be giving the best advice throughout the process and beyond.

If you're ready to start your home buying journey, I'd love to work with you.

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Tolechia Lane

I purchased my first home as a single mother in my early 20's, so I know the fears, the anxiety and the financial responsibility that comes with such a large purchase. But I also know the pride, joy a....

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