In the event you’re planning to finance your house, you want the assist of an skilled and native mortgage mortgage officer. You’re most likely conscious that they’re those who acquire all that tedious paperwork, however the worth of a mortgage officer goes far past that in your house buy.
At APM, our mortgage officers will not be 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.
Holding You Aggressive
A great mortgage officer will make it possible for whenever you make a suggestion on a house, you come to compete. They’ll guarantee you might have all of your paperwork, expedite pre-approval, and work along 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 applications. 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 utility from being accepted.
And there’s extra …
With the APM CashBuys™ program, our Mortgage Advisors might 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 just wish to use the CashBuys™ possibility, and we’ll situation you a certificates to incorporate along with your provide.
- You and your agent submit the provide, waiving financing and appraisal contingencies as much as the complete authorized value.
- As soon as your provide 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 will probably be bought after which offered to you when the financing closes.
Click on right here to be taught 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 will additionally advise you on how the basics—housing costs, rates of interest, the inventory market, inflation, and the financial system—impression your house mortgage buy.
The worth of a mortgage officer shouldn’t be neglected in the course of the mortgage utility course of, both. That’s as a result of mortgage officers are consultants at reviewing mortgage purposes.
They will spot crimson flags earlier than your utility is in entrance of a mortgage underwriter, providing you with an opportunity to treatment issues like credit score scores forward of time. They will additionally make the method considerably extra clear, strolling you thru objects like debt-to-income ratio, the right way to pull your credit score historical past, and what forms of mortgage could 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.
A great mortgage officer will go over varied situations on your month-to-month mortgage cost, 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 by means of its fairness.
Work with an Skilled Native Skilled
A worthwhile mortgage officer is part of your trusted workforce of economic advisors, which suggests they’re there anytime you might have questions or issues.
Many potential debtors falsely assume that you just name upon a mortgage advisor solely when you want to purchase a house or refinance. That’s not so: We’re right here anytime you’re trying to make a major monetary funding or change.
One of the best half is we’re out there every time and nonetheless you want us. Cellphone, textual content, e-mail, nose to nose, you identify it.
Fintech has been an incredible pattern for the mortgage business, however one of many downsides is the dehumanization of dwelling mortgage purposes. 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 subsequent member of your monetary advisory workforce? Click on right here to attach with an area and skilled APM Mortgage Advisor in your space.