Home Loans for Home Buyers
See below home loan advice & information.
Questions? Schedule a consultation.
Home Loan Advice
Choosing a Lender
When obtaining a home loan it’s so very important to choose the right lender. Certainly, we all want the best interest rates, but how to know which lender will come through for you when the pressure’s on? How will you know if your loan is going to be delayed due to the lender’s own red tape? We can tell you, choosing the wrong lender can be the primary reason escrow closings are delayed, or fall through completely.
One of the best decisions home buyers can make is to choose a lender who underwrites their own loans and prepares their own closing statements. You want your lender committed to providing a personalized customer service. You’ll want a loan officer who is proactive and has the backing of a solid infrastructure that is flexible enough to serve your specific needs.
Contact us for advice or a referral to our preferred lender.
Considerations for Choosing a Lender
We work with buyers and sellers on a daily basis, so of course we know the experts and which of those step up when the pressure is on. When shopping for home loans we encourage our buyers to work with a preferred lender. Here’s why.
Choose a lender with a vast array of home loan options and programs. The best lenders have more ways to fit your needs. Choose someone you can trust to lead you in the right direction.
We avoid using the big brand banks such as B of A, Wells, etc. We often use a well known senior loan originator and that’s who we refer to our friends and family members. He’s sharp as a tack, there’s no sales pitch and no BS!
A great lender takes pride in finding the right home loan solutions for our buyers, including first-timers, move-up, military, seniors, home renovators, investors, and more.
If you’ve had credit challenges your lender can help you develop a plan to get back on track. Also learn as much as possible about mortgage lending from the experts!
Loan Pre Approval is the First Step
In the video our preferred lender, senior loan officer Keith Renno of Planet Home Lending, explains the difference between obtaining a mortgage loan pre-approval vs pre-qualification.
It’s very important to make arrangements for your home loan before becoming too serious about buying a home. Arranging your home loan in advance is even more important when buying during a low inventory market because you will be competing with other buyers and the seller will want to accept an offer from the most qualified buyer. If you can’t produce a home loan pre approval letter with your offer, it’s not likely to be accepted.
Develop a Plan Before Your Buy
If searching Santa Clarita homes for sale, you’ll need to know what the market is like before making an offer to buy. It’s very common for the “good homes” to receive multiple offers, but we can help you develop the right plan of action before making an offer.
When it’s finally time to move forward with buying your home, don’t miss taking a look at our home buyer resources.
