Getting the Most out of your Loan Officer During the Mortgage Process
Georgia’s Own mortgage experts tell you what you should do to get the most out of your loan officer during the mortgage process.
At Georgia’s Own Credit Union, we’re here to provide our members with an exceptional experience and no one is more focused on doing that than your ally, your mortgage loan officer. So how do you get the most out of your loan officer?
Your loan officer is your personal subject matter expert. Their job is to help you find the best loan product and terms based on what you want to accomplish. During your initial conversation, your loan officer will conduct a free, basic review of your financial situation and provide you with a pre-qualification which tells you how much home you can afford. Once you’re ready to move forward, your loan officer will help you start your application and do a pre-approval, which is a more in depth version of the pre-qualification.
During the pre-approval process we will verify your income, debts and other aspects of your financial situation. We’ll ask questions such as: how long you plan to live in the home? Do you want to pay off the loan quickly or do you want a longer term if possible? Do you want to put down a large down payment or as little as possible.
Remember, this process is all about, so make the most of it! Your Georgia’s Own representative is ready to help you with your mortgage lending needs.