Professionals You Should Consult Throughout Your Home-Buying Process

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Professionals You Should Consult Throughout Your Home-Buying Process

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It can be scary and nerve-wracking to go through the mortgage approval process. If you're a first time home buyer, buying a home can be frightening. Buying a new home is one of the biggest decisions you’ll make in your life. This decision should be a positive one. Buying a home requires a lot of money invested and you may have to make a large down payment as well. A first-time homebuyer should know about the key professionals that'll be working with them throughout the home-buying process. This presentation provides valuable information about the key professionals in the home-buying process. Read More : – PowerPoint PPT presentation

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Title: Professionals You Should Consult Throughout Your Home-Buying Process


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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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Here are some of the professionals youll
be working with during the home-buying process.
  • 1) Real Estate Agent
  • 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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  • 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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  • 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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  • 6) Closing Representative
  • A closing representative works for your lender.
  • 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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  • 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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DREW 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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