All Loan Officers are NOT Created Equal. Great Discrepancies Exist

All Loan Officers are NOT Created Equal    

Great Discrepancies Exist  

     A post written by a fellow Originator from Connecticut inspired me to write this article ...
     

     In that post, they spoke of a client they were able to assist in saving some pretty hefty dollars.  How did they do this?

     They suggested they utilize their VA Loan benefits.  

     No other Originator had made that suggestion up to that point?  No other Originator had taken the time to do the necessary homework that they did?  That advice?  That one piece of advice will end-up savings the applicant hundreds of dollars each month.

     To me, their story is the perfect example of WHY it's so important for potential Borrowers to do some homework and digging on their own prior to choosing their mortgage originator.  Referrals are needed.  Questions need to be asked.  

     So what do you look for?  What are those questions?  

     Here are some to consider ...

• How long has the LO been in business?
• How local are they?  (How well will they know the area in which you hope to buy/refinance?)
• What lending/financial education do they have?
• What's their expertise?
• How many loans have they closed?
• What kind of mortgage programs do they offer?
• Do they take the time to explain financing options thoroughly?
• Do they have additional background knowledge and skills that can prove beneficial to their clients and referral partners?  (These days creativity and being able to think "out of the box" counts!)
• What are their communication skills?  (Face-to-face, online, texting, emails, phone, etc.?)
• What do past clients and referral partners say about them?
• How are their listening skills?  (Definitely an under-rated talent and benefit)
• What's their rate of close stat? (Think "batting average")
• What's their availability?  (How easily can you find them to ask questions or gain info?  Weekends?  Extended hours?)
• More ...

     The media likes to lump Mortgage Originators into one big bunch.  They're wrong to do so.

     Fact is:  All Mortgage Originators are NOT created equal.  Great discrepancies exist between them.  

     If you're in need of financing, you need to choose the individual Mortgage Originator you want to work with.  Not just the company.  Not just the interest rate.  Not just the mortgage program.  The individual you choose can and will make a difference in the success you find.

     Invest in yourself.  Invest the time.  Get the best and right New Lenox - Chicagoland Mortgage Originator for your needs ...

     *  Hoping to Buy or Refinance in New Lenox, the Greater Chicago - Chicagoland or WI area?  Contact me today!  I'll put my 40+ years of mortgage experience and expertise hard to work on your behalf.
     I'm easily found at:

Gene Mundt

Mortgage Originator - NMLS #216987 - IL Lic. #031.0006220 - WI License #216987

American Portfolio Mortgage Corp.

Direct:  815.524.2280

Cell/Text:  708.921.6331

eFax:  815.524.2281

www.genemundt.com

gmundt@goapmc.com

              

  

Gene Mundt, Mortgage Originator, an Originator with 40+ years of mortgage experience, will offer you exemplary mortgage service and advice when seeking:  Conventional, FHA, VA, Jumbo, USDA, and Portfolio Loans in Chicago and the greater Chicagoland region, including:  The Lincoln-Way Area, Will County, (New Lenox, Frankfort, Mokena, Manhattan, Joliet, Shorewood, Crest Hill, Plainfield, Bolingbrook, Romeoville, Naperville, etc.), 

DuPage County, the City of Chicago, Cook County, and elsewhere within IL and WI. 

Your Referrals are Greatly Appreciated!