Title: Professionals You Should Consult Throughout Your Home-Buying Process
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2 Introduction
- The process of buying a home or taking on a
mortgage can be frightening if youve never done
it before. - Buying a new home is one of the biggest decisions
youll make in your life. This decision should be
a positive one. - Buying a home involves a large sum of money for a
down payment and complex legal documents. - You may not be familiar with difficult to read
legal documents. - During your home buying process, you'll be
working with professionals while searching for
your new home, applying for a mortgage, and
throughout the closing process.
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3 Here are some of the professionals youll
be working with during the home-buying process.
- 1) Real Estate Agent
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- For a new home buyer, the home-buying process
begins with searching for a home. -
- The easiest way to look for a home is by
searching online. -
- You can also shop for a home by touring
neighborhoods. -
- First-time home buyers often hire a real estate
agent or realtor to help them find a listing.
These are licensed professionals.
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- 2) Loan Officer
-
- The loan officer is the one who will interact
with you the most from the time you apply for a
home loan until the day your mortgage closes. - A loan officer can help answer your questions
regarding mortgage qualifications. They can help
you choose the right loan for you and help you
understand your documents.
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5- 3) Mortgage Underwriter
-
- The mortgage underwriter takes the job of the
loan officer one step further. -
- A mortgage underwriter reviews the mortgage
documents closely. -
- Its the job of the underwriter to determine if
you qualify for the mortgage youve applied for.
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- 4) Real Estate Appraiser
-
- A real estate appraiser visits the home you want
to buy and looks at comparable sales records to
make sure that the home youre going to buy is
worth the amount youve agreed to pay. -
- A real estate appraiser will determine the value
of the property. -
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7- 5) Home Inspector
-
- A home inspector will come to meet you at the
property you want to buy and inspect the home
thoroughly. -
- A home inspector will determine the condition of
the property.
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8- 6) Closing Representative
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- A closing representative works for your lender.
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- They look at the closing process to make sure you
understand the document youre signing. -
- They'll answer any last-minute questions you may
have. -
- 7) Notary
-
- A notary is a person who witnesses the signing of
your loan documents and is licensed by the
government to perform acts in legal affairs. -
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9- If youre a first time home buyer in MA and are
looking for mortgage lenders, Drew Mortgage can
help! Drew Mortgage Associates, Inc. is a
mortgage lender in MA that can assist you with
mortgage loans and guide you throughout the
application process. We can help you get a home
loan at a lower interest rate that best suits
your financial goals. - Our mortgage planners are highly trained
professionals that can identify the best mortgage
program thats right for you. - Read More https//www.drewmortgage.com/
key-players-home-buying-process/
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10DREW MORTGAGE BRANCH OFFICES
Drew Mortgage Associates 196 Boston Turnpike
Road Shrewsbury, MA 01545 Phone
508-753-1656 Website https//www.drewmortgage.com
/
Peabody Mortgage Lenders 1 Mt Pleasant
Drive Peabody, MA 01960 Phone (978) 750-1080
Boston Mortgage Lenders 232 Commercial St Boston,
MA 02109 Phone (617) 523-3060
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