Hello All:
I am finding more and more each day that first time buyers are not receiving the education that they deserve from their mortgage professionals. In the state of MA a loan officer that works for a Mortgage Broker office must be licensed with the state and has to completed continuing eduction. The fact is that a loan officer at a local bank or a big giant like BOA does not have to be licensed or do the educational training.
It is very very important with all the changing rules. New ones to change again August 1st. That buyers work with a professional.
I am also seeing to many people unhappy with the in-house mortgage firms. IE Coldwell Banker has NE moves and they are part of the same company. Buyers in many cases feel as though they are not being treated with the respect that they feel as though they should be. They often state that the mortgage person is more focused on the Realtors satisfaction then that of the client.
Sad Sad stuff.
I have been in the industry for 6+ years. I love what I do. My business is 100% referral. This is a great thing for clients since my only focus is their 100% satisfaction. Please see my linked in profile.
Again please call me with any questions as it relates to the mortgage process.
Enjoy the sun and have a happy day
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