In case you’re planning to finance your property, you want the help of an skilled and native mortgage mortgage officer. You’re in all probability conscious that they’re those who accumulate all that tedious paperwork, however the worth of a mortgage officer goes far past that in your property buy.
At APM, our mortgage officers usually are 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.
Protecting You Aggressive
An excellent mortgage officer will be sure that while you make a proposal on a house, you come to compete. They’ll guarantee you’ve 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 price range is. This prevents points from popping up later within the homebuying course of that would delay or forestall your mortgage utility from being accepted.
And there’s extra …
With the APM CashBuys™ program, our Mortgage Advisors can assist you compete with all-cash patrons by turning 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 purchasing for a house inside your price range.
- When you’ve discovered your property, notify us that you simply need to use the CashBuys™ choice, and we’ll problem 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 permitted worth.
- 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 might be bought after which offered to you when the financing closes.
Click on right here to study extra in regards to 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 economic system—influence your property mortgage buy.
The worth of a mortgage officer shouldn’t be neglected through the mortgage utility course of, both. That’s as a result of mortgage officers are specialists at reviewing mortgage functions.
They’ll spot purple 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’ll additionally make the method considerably extra clear, strolling you thru objects like debt-to-income ratio, how you can pull your credit score historical past, and what sorts of mortgage may be finest for you.
The True Worth of Your Residence
Understanding the worth of homeownership can also 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.
An excellent mortgage officer will go over numerous eventualities in your month-to-month mortgage fee, in fact, 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 may even current methods that may prevent cash over the lifetime of your mortgage, in addition to alternatives to leverage your property via its fairness.
Work with an Skilled Native Skilled
A useful mortgage officer is part of your trusted crew of economic advisors, which suggests they’re there anytime you’ve questions or issues.
Many potential debtors falsely assume that you simply name upon a mortgage advisor solely when it is advisable purchase a house or refinance. That’s not so: We’re right here anytime you’re seeking to make a big monetary funding or change.
The most effective half is we’re obtainable each time and nevertheless you want us. Cellphone, textual content, electronic mail, nose to nose, you identify it.
Fintech has been an incredible development for the mortgage trade, however one of many downsides is the dehumanization of house 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 crew? Click on right here to attach with a neighborhood and skilled APM Mortgage Advisor in your space.
