I had a client recently who kept shaking his head and looking around as he signed his final closing papers on his home. He would look at his wife and shake his head and sign the next page. I always attend my settlements and knew that everything had gone smoothly through the process.
Finally, a bit concerned I had to ask, "Is everything OK? Is there something wrong?" He said, "I just don't understand this. EVERYONE told us that this was going to be so hard, I have heard nothing but horror stories for months. When is it going to get hard?"
I laughed and said, "It doesn't have to be hard, you are done. It's what we do!"
Having mortgage professionals who know what underwriters need to approve loans, who communicate openly and clients and realtors who are responsive makes our job a pleasure and closings are smooth.
Well done Gene! It's posts like yours that make me glad to be back in the Rain!
Maryland Mortgage Mama
No drama needed. No magic necessary ...
The headline reads ...
As a homeowner, does that headline grab your attention? Have you been following the home sales in your own area? Do the sales appear as though they've turned a positive corner?
If the answers to the above are "YES!" ... the idea of Refinancing your present mortgage must (and should) be banging around in your head. And rightfully so. Today's low interest rates are awfully tempting. And the news above bodes well for more home owners being capable of taking advantage of them.
Yet, you say you've heard that the mortgage process is hard? It's Tedious? Frustrating? And it takes a magician to secure a successful result? Depending on your circumstances, your personal financial scenario, and how you approach it ... honestly, it can be. But just HOW much frustration and work you encounter is based in part on your own habits of spending, saving, and record-keeping. Heck, I'll throw listening and communicating into the mix too!
If you've been following my posts, you know that I just wrote a blog regarding credit and credit management. In that post I told of 2 instances where poor record-keeping and follow-up caused ... either a delay in a home buying and mortgage transaction ... or was the cause of a complete meltdown of a transaction. Obviously neither is the outcome you or your Mortgage Lender are hoping for.
But I'm here to tell you. The opposite does occur! The mortgage process can be much less complicated and very successful. To quote recent clients of mine, their mortgage process was "painlessly easy". And "not at all what they had expected or feared". Unfortunately, these outcomes get far less "press" and are not retold as often. They lack drama ...
How was a "painlessly easy" transaction possible? Why was their mortgage process "better than expected"? No, I'm not a magician ... that's not the answer.
The clients had good credit, stable jobs. They paid their monthly payments and commitments on time. They had savings and checking accountswith verifiable transactions going in and out. Their record-keeping was up-to-date and organized. Financial documents were easily found and provided to me.
When I proposed options for their consideration, they listened well. They responded to requests for information and documentation in a timely fashion. And as a result, they closed their transaction successfully, on time ... with terms, interest rates, and closing costs that perfectly matched those discussed at their mortgage application.
Both clients cut a decade or more off their mortgage term. Both cut their monthly payments. Both lowered the interest rates they were paying. They'll both now save thousands of dollars over the remaining life of their loans. Their equity position within their homes will rise faster. They'll pay their loans off sooner. They'll reap solid results that more than make the efforts they made during their mortgage processing worth it.
If you breakdown the positives mentioned above, you will see clearly that the clients controlled much of their own destiny, both before and during their mortgage process. They dictated how quickly and easily they would proceed. They reaped good end-results through their own efforts and involvement.
No drama needed. No magic necessary ...
* Interested in finding out if YOU can Refinance or Buy a home? Contact me today! I'll put my 35+ years of mortgage experience and expertise hard to work on your behalf.I can be conveniently found at any of the following:Direct: 815.524.2280Cell/Text: 708.921.6331eFax: 815.524.2281 Skype: 630.219.1316You are invited to Follow Methrough any of the Social Media below:
Bridget McGee Maryland Mortgage Mama NMLS# 196068 SWBC Mortgage. 410-960-2061 EHO firstname.lastname@example.org or www.marylandmortgagemama.com
If you are considering purchasing a home in Maryland and want to be sure you are mortgage ready, my brother Tony and I will be happy to help! We help to make the mortgage process a pleasure!
If you already own your home, we are happy to provide a no-cost mortgage review to help you to determine if refinancing may be in your best interest. Please contact me at 410-960-2061.