Consumers should take the time to get educated before starting to look for a new home.
Here are some things they should do.
When trying to find a good mortgage professional they should ask their friends and business contacts for a referral. Another option would be to search linkedin or go on the web. Once they have that they should try to contact the mortgage professional.
If the mortgage professional is not able to return your initial contact within 24 hours I would be concerned that this may be a preview of what you will receive for service once you start working with them.
I would ask that mortgage professional for references to other clients that were similar to you that being if your a first time buyer or a person that travels and has limited time to see homes, etc.
I would ask the mortgage person to explain to you how interest rates work and what drives them to increase or decrease.
Now if you feel good about them I would ask them to set up a phone conference or face to face meeting where they should educate you on the buying process.
After this you should know if this is the person you want to work with. The process of a smooth closing for a client is tied directly to the ability of the mortgage professional that they are using.
Edward Moloney
Zenith Mortgage
Milford MA
cell 774-573-0329
NMLS LO # 10321
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