Why do you need a Mortgage Consultant?

Our Mortgage Consultants are very different as compared to a traditional Loan Officer.  They are changing the way business is done in the lending industry. Today, the use of a professional mortgage consultant is one of the key strategies used by sophisticated borrowers.

What is a Mortgage Consultant?

A mortgage consultant is a real-estate financing professional who represents the best interest of the client.  Most lenders focus on themselves and the products they push to their customers.  Mortgage consultants focus soley on the client.  This is accomplished by asking thought provoking questions that allow the consultant to better understand the needs, goals, and dreams of the client.  Most loan officers specialize in a particular product that they know very well.  This limited knowledge creates too many opportunities to "sell" the customer on their favorite product even if it is not the best fit for the customer.  Mortgage consultants have extensive training and experience covering the entire spectrum of lending products. They devote a large percentage of their time learning and mastering the latest mortgage loan programs to ensure they are able to formulate the perfect mortgage solution that meets the specific financial goals of each and every client.  By combining professional expertise with direct access to hundreds of loan products, your Mortgage Consultant provides the most efficient way to obtain financing tailored to your dreams and goals.

What Do Mortgage Consultants Do?

In the volatile home-lending market, mortgage consultants can serve as safeguards, offering their clients security, safety, and peace of mind. One of the consultant's most important functions is escorting your loan application through the entire process, constantly patrolling the component transactions for possible breakdowns. A professional mortgage consultant can wade through the mountains of program options, researching current market conditions to find the most accurate and up-to-date information about cost-effective loan options.

Mortgage Consultants Handle the Details For You!

There are literally thousands of variables that can affect the outcome of your mortgage transaction. That's why you need a mortgage consultant to act as a liaison between the title and escrow company, real estate agent, appraiser, credit agency, the underwriters, the processors, attorneys, and any other services which may affect your transaction.

A mortgage consultant also:

• Discusses and explains financing program options
• Informs you, in writing, of lock-in options
• Explains all documents of the loan application
• Explains all associated costs of the loan application
• Explains the disbursement of all loan applications
• Explains the loan process, from application to closing
• Provides you with a good faith estimate of cost and fees
• Communicates with you throughout the loan process in a timely manner
• Coordinates the final closing of your transaction