
When you are deciding on a mortgage company to work with for your home purchase or refinance, it is essential that you find lending experts that will put your interests first.
How can you determine whether a mortgage company is putting your needs ahead of theirs? Here are some signs to look for.
What to Look for to Determine Whether a Mortgage Company Has Your Best Interests at Heart
- They ask you questions to assess your needs. You probably are going to ask a lot of questions about mortgages during your consult. But did you know it is equally important for your mortgage expert to ask you questions? That is the only way for a company to understand what you need. If they take the time to do that, it means they care about making sure they meet your needs.
- They listen to what you want and do not want. Your mortgage expert should really listen as you explain your goals as a homebuyer or homeowner. They should echo back to you what you have said to demonstrate that they heard it and grasp why it is important to you.
- They carefully explain the financial ramifications of all your options. A mortgage company that cares about your well-being should take as much time as necessary to fully explain the short- and long-term financial implications of all of your loan options in detail. That includes doing math and offering concrete numbers.
- They go the extra mile to bring you solutions. A mortgage company that puts your interests first will not give up just because they hit a roadblock. They will keep working at it until they find you a lending product that will help you move forward.
- They are always patient with you. The mortgage expert who is working with you should never be impatient or make you feel rushed or pressured in any way to make decisions. If you keep asking questions, they should answer them, not try to get you to proceed before you are ready. They also should never give you a hard-sell on anything.
- You receive transparent answers to your questions. If a mortgage professional beats around the bush when you ask a question, avoiding giving you a direct and thorough reply, that person may not have your best interests at heart. Make sure when you ask questions, you always receive full, transparent answers, even if they might not always be what you want to hear.
- Other homebuyers and homeowners report a great experience. Finally, one more way to check whether you are dealing with a trustworthy mortgage company is to find out what other customers are saying about their experiences. If real homebuyers and homeowners feel that the company put their interests first, that is a good sign you can trust them too.
Buy a Home or Refinance in Florida
As an independent mortgage broker, Premier Lending Corp will work hard to understand your needs and find you solutions that will help you achieve your goals for refinancing or home purchase. To schedule your consult, please call 954-840-8811.