Deciding between mortgage companies in Northville, Michigan can be tough. It’s obviously an important choice, so you really need to take your time and do your homework. At Gem Home Loans, we’d love to be the mortgage company you ultimately choose. We will always provide you with personal attention at a level you won’t find anywhere else. But we know you’re still in the process of shopping around, so here are some tips to help your decision-making process easier.
Selecting the Best Broker for Your Needs
The reason you’re even looking for a mortgage broker in the first place is to get the best possible loan, one that will deliver the lowest rates and the lowest fees. Gem Home Loans professionals are passionate about doing just that for our customers. But the best brokers will do a lot more than that. We will always be completely transparent, so you can feel free to ask us questions whenever you like. We’re also committed to total client satisfaction. When you choose us, you’ll be able to do so with 100 percent confidence.
While you’re talking to different brokers, you should never hesitate to learn as much as you can. That means asking each broker some extremely important questions. Here are just a few.
- What can I expect during the application process? – Different brokers manage applications in different ways. Unfortunately, not all of them are as upfront as they should be regarding their management process. Before you choose a broker, find out how long it takes to close a loan on average, and how much any third-party fees and lender costs will be. In addition, you’ll need to ask what you’ll need in order to have the best chance of qualifying for a loan. Factors that typically go into loan qualification include your credit score, your debt-to-loan ratio, and many others.
- How long have you been in the mortgage brokerage business? – Of course, you’ll want your broker to know what he or she is doing. The best way to ensure that is to go with someone who’s been in the business for a long time. If you’re buying a home for the first time, it will be even more important for you to go with someone with substantial experience. An experienced broker will be in a better position to clearly explain the complexities involved in the underwriting process, and explain not only how it works, but also your options.
- Will you be there when I need you? – Let’s face it – buying a home can be stressful. That’s the case whether this is your first time or your fifth. You’re going to have a lot of questions, and you’re going to want your broker to be available to answer them. No homebuyer wants to have to deal with a broker who’s too busy to talk. Find out if the brokers you’re considering will communicate in the way you prefer, whether that’s through text, e-mails or phone calls.
Let Us Prove Our Worth
There are a lot of reasons why we firmly believe that Gem Home Loans is the clear leader among mortgage companies in Northville, Michigan. But we’re obviously biased. Find out for yourself by getting in touch to learn more. You can call us at (248) 780-1030, or you can contact us online.