When looking to see how much you qualify for when it comes to buying a home, I'm sure buyers get over whelmed by this thought. Also, agents when it comes to referring a mortgage officer to your buyers, what factors and qualifications are you taking into account when you decide whom to refer?
Does the loan officer you refer meet the following qualifications that will give your buyer the best and smoothest transaction? Here are some guidelines to think about when it comes to this process.
1) SERVICE - Must be available not only 9 - 5 but after hours and weekends to work with you and your buyer through the entire transaction. Return phone calls promptly with the right answers.
2) RESPECT - Treat buyer with respect and confidentiality.
3) STAFF AND SUPPORT - Does he or she have a local staff or support person that will work on your file when the Loan Officer is helping other clients?
4) EXPERIENCE - How long has he or she been in the business? What is their track record? Does he or she stand behind their pre-approvals?
5) KNOWLEDGE - Is he or she well educated and experienced in all the products that will find solutions in today's tough market?
6) RELIABILITY - Over promise and under deliver? Do you get Loan Officers that will promise you the moon just to get a deal and then it turns into a nightmare? A good Loan Officer will tell you and your clients up front what to expect as well as realistic time frames.
7) PROFESSIONAL - Is the Loan Officer you refer a professional? Is he or she proud of what they do? Do they keep up on all the fast changing guidelines and disclosure requirements in today's market?
8) LONGEVITY - Will they be around after the transaction for service and help down the road?
If you work in Connecticut, Barbara Dennison of MortgageAccess has pledged to meet and exceed all of the criteria above. She works after hours and weekends, and has 20 years experience in all aspects She's closed countless FHA, VA, CHFA, 203k as well as conventional loans. She is upfront with the buyer and the realtor. If your buyer does not qualify, I will tell you from the beginning. When I give a Pre Approval Certificate, I will stand by it. She is licensed and up to date on all new guidelines and continuing education.
So the next time you are looking for a senior Loan Officer, please give her a try. Thank you.
Barbara Dennison,Senior Loan Officer, Residential and Commercial Lending
Cell 860-304-3000; FAX 973-630-3207
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Info about the author:
Valerie Osterhoudt is a Cromwell Connecticut Residential Realtor who can assist you with the purchase and/or sale of real estate in the Middlesex County of CT, which includes Cromwell, Rocky Hill, Berlin, Middletown, Wethersfield, Newington, as well as all other surrounding areas. Please visit me at www.CTrealtorMLS.com for all your relocation and/or local needs.
For real estate.. all you need to know, is VALERIEO
If you're thinking about buying a home in Cromwell CT area, there are plenty of great buys in today's market. There is no better time than now to take advantage of these homes while interest rates remain at an all time low. For more information on Cromwell CT real estate's homes and/or condos please visit Johnson Real Estate to access the newest listings.
Valerie Osterhoudt, ABR - Johnson Real Estate, Inc. - 860.883.8889 cell - valerierealtor@sbcglobal.net
Copyright © 2010 - By Valerie Osterhoudt, ABR - All rights reserved...... *** HOW TO PICK A LENDER IN TODAY'S MARKET***
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Valerie Osterhoudt, ABR
(Accredited Buyers Representative)
Is a Full Time Realtor® with with Johnson Real Estate, in Cromwell, CT who specializes in Homes and Condos For Sale in the Middlesex and Hartford Counties in CT.
Valerie Osterhoudt, ABR ~Johnson Real Estate, Inc.
cell: 860.883.8889
email: Valerie Osterhoudt, ABR
website: www.CTrealtorMLS.com
