Are you planning on buying or refinancing a house in Ontario, CA and seeking to work with the best loan officer in Ontario to assist with your home loan needs? Here are some characteristics and traits that you should be asking and looking for when choosing a loan officer to help with your financing needs.
Purchasing a home should be an existing process, not a up and down coaster of stressfulness and working with the right mortgage professional should make the loan process as smooth as possible to ensure an on time closing. Here are few traits you should look out for when deciding on your mortgage team.
Is the loan officer properly licensed in the state your property is in to handle your loan needs, each mortgage lender must be licensed to discuss various loan programs and interest rates, he or she will have a NMLS number, ask them for theirs before deciding to work with that loan officer my NMLS # is 292056.
Are they knowledgeable in most all the purchase and refinance home loan programs that are offered today, such as FHA, FHA 203K, FHA EEM, VA, VA EEM, Conventional with 3% down, USDA-RD, Down Payment Assistance loan programs through the city, county and state bond programs, 1st time home buyer programs, HUD 184 Native America program and CalPath home loan program.
Do they have a web presence to research good or bad remarks about their services and to ensure they have the skill set that you should demand when working with a loan officer. Google their name and see what comes up, that will indicate what skills he or she posses and how dedicated they are to the mortgage business and their craft. The last thing you want is working with a part time loan officer.
Can that loan officer communicate on your terms, such as phone, text and/or emails, how quickly they get back you. Communication and customer service is the most key component in working with a professional mortgage lender. Calling, texting and emailing for status updates or questions should not take 2 days to get back to you. If that happens in the beginning, that just set the tone on how the process will go through out the buying or refinancing process.
Do they have a team to assist with the process of your loan? If your Ontario, CA loan officer is out sick or on vacation, you need an alternative staff member to contact just in case your primary point of contact is out of the office.
Is the loan officer close to you or at least in the same time zone, working with an online loan officer may not deliver the quality of service you deserve just because of the distance. Local is best, since that loan officer should know state specific loan programs that you can take advantage of and local lenders may have loan programs other lending institutions do not offer.
When purchasing or refinancing a home you deserve and should demand to work with the very best our industry has to offer. Working with a seasoned veteran does not always mean the best, interview your loan officer to ensure he or she meets all your checklist of needs regarding a home loan in Ontario Ca.
I welcome the opportunity to be your local knowledgeable licensed loan officer in Ontario Ca. Please contact me by email HERE or call / text me at 909-503-5600.
by Nathan Rufty