Should you’re planning to finance your house, you want the help of an skilled and native mortgage mortgage officer. You’re most likely conscious that they’re those who gather all that tedious paperwork, however the worth of a mortgage officer goes far past that in your house buy.
At APM, our mortgage officers are usually not simply right here for a one-and-done transaction—they are often your trusted advisor for all times. We all know that the worth of a educated and skilled mortgage officer extends far past the closing desk, which is why we name our mortgage officers “Mortgage Advisors.”
From shopping for and promoting property, investing in actual property, wealth-generation methods, and offering alternatives to enhance your monetary state of affairs, our trusted advisors are right here to assist information you alongside your homeownership journey.
Retaining You Aggressive
mortgage officer will make it possible for once you make a proposal on a house, you come to compete. They’ll guarantee you will have all of your paperwork, expedite pre-approval, and work together with your actual property agent to create a seamless expertise for you.
At APM, our Mortgage Advisors can get you pre-approved or arrange with our Keys on Time™ or TBD mortgage packages. With Keys on Time™, APM ensures the vendor that your mortgage will shut on time or we’ll pay a $2,000 dedication charge (different restrictions apply).
Our TBD mortgage approval features a full underwriting, so that you’ll know precisely what your mortgage funds is. This prevents points from popping up later within the homebuying course of that might delay or stop your mortgage software from being accepted.
And there’s extra …
With the APM CashBuys™ program, our Mortgage Advisors may also help you compete with all-cash patrons by changing into one. Right here’s the way it works:
- Get your mortgage approval from APM, and discover out the utmost quantity you’ll qualify for.
- Begin searching for a house inside your funds.
- When you’ve discovered your house, notify us that you simply wish to use the CashBuys™ choice, and we’ll challenge you a certificates to incorporate together with your supply.
- You and your agent submit the supply, waiving financing and appraisal contingencies as much as the complete authorized worth.
- As soon as your supply is accepted, we’ll work to safe your financing earlier than the shut date.
- If the financing isn’t prepared, CashBuys™ is able to go, and the property might be bought after which offered to you when the financing closes.
Click on right here to study extra concerning the CashBuys™ program.
Understanding the Native and Nationwide Market
A mortgage officer is aware of the ins and outs of actual property and your native market. They’ll additionally advise you on how the basics—housing costs, rates of interest, the inventory market, inflation, and the financial system—affect your house mortgage buy.
The worth of a mortgage officer shouldn’t be missed throughout the mortgage software course of, both. That’s as a result of mortgage officers are consultants at reviewing mortgage functions.
They’ll spot pink flags earlier than your software is in entrance of a mortgage underwriter, providing you with an opportunity to treatment issues like credit score scores forward of time. They’ll additionally make the method considerably extra clear, strolling you thru objects like debt-to-income ratio, pull your credit score historical past, and what sorts of mortgage may be greatest for you.
The True Worth of Your Residence
Understanding the worth of homeownership can be a worth of a mortgage officer. Whereas a realtor can clarify a house’s options and help with the negotiation course of, a mortgage officer is your go-to for all issues finance.
mortgage officer will go over numerous situations on your month-to-month mortgage fee, after all, however they’ll additionally present you the true value of homeownership over time, together with historic appreciation charges and common annual prices.
A mortgage officer can even current methods that may prevent cash over the lifetime of your mortgage, in addition to alternatives to leverage your house via its fairness.
Work with an Skilled Native Skilled
A precious mortgage officer is part of your trusted workforce of monetary advisors, which suggests they’re there anytime you will have questions or issues.
Many potential debtors falsely assume that you simply name upon a mortgage advisor solely when it’s essential purchase a house or refinance. That’s not so: We’re right here anytime you’re trying to make a big monetary funding or change.
The most effective half is we’re obtainable every time and nonetheless you want us. Telephone, textual content, electronic mail, head to head, you identify it.
Fintech has been an incredible development for the mortgage trade, however one of many downsides is the dehumanization of residence mortgage functions. Name facilities and chatbots do not have your again the way in which your native mortgage advisor does. The hands-on service simply doesn’t evaluate.
Are you prepared to satisfy the following member of your monetary advisory workforce? Click on right here to attach with a neighborhood and skilled APM Mortgage Advisor in your space.