The time has come to purchase a home. For many, settling into a brand new place to call your own marks one of the most exciting times of your life. However, the idea of finding a mortgage in a sea of big banks to suit your individual needs and budget can seem stressful, taking away much of the joy that should be found when buying a home.
Because of the sheer number of choices on the market today and the resulting confusion that surrounds them, local mortgage lenders have found their place among prospective home buyers by providing them with a much better experience in a variety of ways.
Mortgage professionals
Working with a local mortgage lender means that you will have a highly-specialized and knowledgeable team with centralized resources to handle your loan. This is unlike working with a larger bank where they often operate cross-functionally and serve a number of different purposes. It’s likely that the person working on your loan at a bank will be trained in many other areas and might not handle it as well as someone who specializes solely in mortgage loans.
The staff at a local lender like Morgan Financial spend their time and energy regularly following market trends and learning how to find the best mortgage terms to suit individual situations. Due to their extensive experience, they have the answers to most questions and are easily accessible to answer them, saving you the hassle of research and guesswork when making sure your needs are met.
Smoother process
Local lenders know exactly what to expect when buying a home and therefore can properly guide you through every step of getting a loan from getting pre-approved right away to closing on time. This streamlined and well-executed process prevents any mistakes or surprises while also saving you valuable time. Furthermore, a mortgage professional-attended closing means that Morgan Financial is there to see your loan through to the very end and answer any questions that you may have before finalization.
Customer service
Everyone knows the annoyance of spending hours on hold while trying to get in touch with someone who works for a big bank with thousands of other customers to service. When working with a locally-based mortgage lender, your mortgage needs receive more close attention. This results in a much-needed personal touch that many find missing in the corporate world today. At Morgan Financial, you will have an opportunity to meet with your loan officer personally and have them keep you up-to-speed by providing you with updated calendars and timelines throughout the entire process.
When choosing between working with a bank or a local mortgage lender, choosing a lender like Morgan Financial is more than likely to be the better option. In many cases, you are able to get a much better value and experience while also removing any stress and uncertainty that can be associated with home buying.
If you or someone you know is ready to take that next big step and purchase a home, please give us a call to speak with one of our loan officers today!