Why Do You Need an Advisor?
Many professional Loan Advisors have their client’s best interest at heart and are experts at getting their clients ready to purchase a home or an investment property. In fact, most real estate brokers/ agents require that you are fully pre-approved before even showing listed properties. Borrowers are encouraged to contact a seasoned mortgage loan professional to get help and prepare for a qualified loan before they ever apply for a loan. There may be a lot to do such as getting the information they need to apply for a loan, cleaning up credit issues, determine affordability, etc. A seasoned mortgage professional has keen understanding of what lenders look for in a borrower and can help you to prepare yourself to meet the lender’s scrutiny and to pave the way for a smooth processing and closing of your loan
Working with a Loan Advisor
When you work with a loan agent, you have an agent. When you work with a Professional Loan Advisor, you have access to knowledge to make informative decision. Mortgage professionals with years of experience understand and can help put together a loan package that fits your specific financial goals. They don’t just look for the best deal, they also help provide a loan that meets your needs. Plus, they know how to make your loan possible by helping you plan. If you go to any lender found on line by yourself, you’ll have to compare many different loan types and offers with often confusing differences in terms as described differently. A trusted loan advisor does all of the work of comparing those offers for you.
Money You Will Save
Mortgage loan advisors consultation services are absolutely free. These advisors are also mortgage bankers who get paid a predetermined fixed commission rates set by their respective lender employers. They do not get paid more by marking up your interest rate. This means that a loan from a mortgage advisor will not cost more than going directly to a bank for your loan. Most lenders have access to multiple loan programs and investors with different rates and underwriting requirements. Since your advisor does the work of finding you, packaging your loan, and getting you ready to close so you can buy or refinance with ease, it makes good sense to feel certain that most likely you end up with a lower rate and the most benefit. In fact, with the deal that a good loan advisor can bring you, you may end up paying less through his/ her help than going it alone through an unfamiliar, random lender.
Keeping the Relationship Alive
If you’re going to apply for a loan at a randomly found bank or a credit union, they might not give you the treatment and proper advice other than wanting your loan business. You’ll just be a single, one-time customer to that lender as someone off of the street. Mortgage Advisors on the other hand can potentially become your best friend in the long run to helping you make intelligent and informed financing advice. The relationships that advisors form with their clients help get your loan needs and questions answered at any time. Especially in life changing events you have someone to call that can quickly provide what you need to make smooth and knowledgeable decision. By keeping in touch and counting them as friends, you may even have their cell phone numbers and know you can call them at any time which may prove helpful at crucial decision making times.
Always There For You
Realtors know houses, but they need savvy loan advisors to help make deals possible by providing services vital to successful and timely mortgage loan financing and closing. Since they are not in the loan business, when it comes to the tedious tasks of providing the lender with the documentation what they need, or helping to explain borrower’s situation in a way that they can understand, no one comes closer than a seasoned mortgage loan advisor. During the loan process, the mortgage advisor also serves as a liaison, not just with the loan process alone, but with all of the other professionals that are part of the transaction, such as the title and escrow companies. They are your single point of contact and your friend throughout the process to make sure the loan is closed successfully and on time. They will always be available to help you understand any loan documents that you receive as well as during the closing and the final documents that you’re signing.
Put my experience to Work For You!
28 years of solid experience in the mortgage business and knowledge to be a great resource to you. I invite you to contact me at anytime so I can help you with all of your mortgage loan needs.
James Estakhrian NMLS 286597
562-653-6337
The key to your castle