Mortgage loans provide leverage that enables you to secure financing for your home.
Whether you’re refinancing, a first-time home buyer, moving up to a more luxurious home or downsizing into a maintenance-free retirement home, a mortgage loan could be an affordable way to obtain the funds that you need.
With so many lenders and loan programs to choose from, a mortgage broker has smart options for you to consider.
What is a Mortgage Broker?
A mortgage broker is a state-licensed professional who guides borrowers through the home financing process.
Benefits of Working With a Mortgage Broker
Mortgage brokers establish and maintain relationships with a variety of lenders who offer conventional, FHA, VA and USDA home loans.
While mortgage bankers will promote lending products from their employer, a mortgage brokers will search the marketplace to find favorable mortgage solutions for you.
Knowing which lender offers the best mortgage interest rates and terms for your scenario can save time and help avoid a variety of pitfalls that you could encounter.
Reviews Your Qualifications for a Mortgage Loan
It’s wise to contact a mortgage broker.
Initially, your mortgage broker will discuss your goals to determine the most adequate financing terms for you.
Your mortgage broker will gather some information about your credit, income, expenses and your banking assets to determine if you can obtain a mortgage pre-approval.
Communicates With Real Estate Agents
Unless you’re working directly with the seller or a homebuilder, a real estate agent will be able to help you find your ideal home.
Your mortgage broker can communicate with real estate agents, builders and others who are a part of the home buying transaction.
You can direct anyone to your mortgage broker who needs details about the settlement time frame or specific questions about the funding process.
Shops Trusted Lending Sources for Favorable Loan Terms
Your mortgage broker will review many resources to find extremely smart options for you to compare.
ASJ Mortgage Solutions has access to wholesale lending firms who do not advertise their preferred mortgage interest rates to consumers.
Speak with a licensed mortgage broker about low-rate home loans in AZ, IN or MI.
Follows up to Determine if Better Mortgage Solutions Exist
As market conditions or your financial situation changes, it’s great to have a relationship with a mortgage professional who’ll be there to provide helpful insight toward your needs.
We aim for long-term support versus a one-and-done transaction.
So, we’ll occasionally follow up with you beyond the real estate closing to see if better mortgage rates or financing terms exist.
Contact ASJ Mortgage Solutions today to chat with a dedicated lending professional.
Questions? Contact ASJ Mortgage Solutions Today!
