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When is a normal mortgage not a normal mortgage? When the borrower(s) is/are relocating to a new area. This is especially true when there is a job change for one or more borrowers.
Every mortgage loan is somewhat of a process, no matter how simple it appears on the surface or how well qualified a borrower is. Relocation adds a few elements into a transaction that aren't present under 'normal' circumstances. Relocation often couples the stress and frenzied days that accompany buying and moving into a home with the same level of craziness that comes with a job change. On top of that, in many instances families are separated as one makes a move to start working or finding a home while someone stays behind to manage a home sale or keep atop of the life they're leaving behind. A relocation can cause a lot of confusion and stress for people, so it's important that when relocating, you work with a professional that not only understands your needs for certain products and services when it comes to moving, but understands what you're going through on an emotional level as well.
When relocating, having knowledgeable professionals in your corner ... more
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