Tips for Choosing the Right Realtor and Lender
For most, choosing to purchase a home is a big decision. Choosing the right real estate agent and mortgage lender to help you smoothly along the process, a team you can entrust with all of your sensitive financial information who can educate you on the proper loan options and the ins and outs of homebuying is key to a successful transaction.
Here at Inlanta Mortgage, our mission is to be the home financing partner that you trust to serve your family, friends, and community. Whether you are purchasing or refinancing, we want you to know we have your back every step of the way. Our team of mortgage professionals works with top real estate agents every day. While we want to assist you with all of your mortgage lending needs and can refer you to a great agent, we also want to provide you with the tools necessary to choose the right lender/realtor partner for your particular needs and circumstances. Here are some tips on how to choose the right homebuying team.
- Do Your Research
The market is changing every day. That’s why it is wise to shop around and talk to a few local lenders and agents in your area to learn more about the types of loan programs offered, current market rates, and current listings available. This will also give you the chance to explain any unique financial needs you may have to your potential lender as well as your timeline and exactly what you are looking for to your agent. Note – while it may be tempting to want to choose a loan officer that advertises the “best rate,” it is important to take into account customer satisfaction, knowledge, experience, and more.
- Referrals and Testimonials
You can learn a lot about a lender or agent based on real online reviews and testimonials from real clients they have had in the past. Successful transactions produce successful reviews and can provide social proof of happy peers in your area that are now homeowners with the help of their homebuying team. Visit lender and agent websites, Google+, Yelp, or Facebook pages and speak to recent clients to get an inside look at past client experiences.
Communication is key during the homebuying process, so having a team that will stay in touch with you and keep you up to date on the market outlook, status of your loan, and any current listing information while providing you with honest feedback is important. When researching lenders and agents, inquire with them about their communication styles and if applicable, ask to meet their team prior to conducting business with them to learn how it all works. It is important for you to not feel afraid to ask questions. Open communication with your loan officer and real estate agent will help ease any worries you have throughout the process.
- Knowledge and Experience
Strong knowledge of the real estate and loan process along with information on loan programs and the current market is important when choosing the right team to help you purchase a home. With knowledge comes experience. Working with an experienced team that has successfully helped many homeowners achieve the American dream may help give you peace of mind during the process. Whether you are new to the process or are a seasoned homeowner, your agent and loan officer should be able to speak with you on the process and provide you with the education and guidance needed based on your level of experience. Ask about professional awards, years of experience, licenses, and credentials to ensure you are selecting the right team for your needs.
If you’d like to get in touch with one of our mortgage professionals today, click here to find a local lender within your area or contact us for more information. We’d love to have one of our lenders set you up with a top real estate professional – ask us about our referral partners today.