The Lindley Team | Mortgage Express 503.517.8641
If you are starting the home buying process for the first time, you may be overwhelmed or a little nervous about knowing what to expect. The Tammi Lindley Team at Mortgage Express understands how you feel because these emotions are completely natural for new buyers. So to help ease this process, your local Portland mortgage lenders have listed some helpful tips for your first meeting with a mortgage professional.
Tips For Your First Meeting With A Mortgage Professional
Tip #1: Be Honest About Everything
Do not try to hide the fact that you have a low credit score or that you are in enormous amounts of debt. The Tammi Lindley Team wants you to know that regardless of your financial situation, they are going to work diligently to ensure you still become a homeowner. Therefore, be honest about everything. During the home buying process, your lender should be your go-to person for every financial matter. So if you are nervous about the fact that your income is low or that you have filed for bankruptcy in the past, just voice your concerns and know that your lender will do everything they can to ensure you get a Portland mortgage with affordable rates.
Tip #2: Arrive With All Your Financial Documents Organized
Make your first impression with your mortgage professional a lasting one. This can be done by arriving with all the pertinent documents in regards to your financial history. If you can, make sure you have at least two years proof of income, assets, and current debt with you for your first meeting.
Tip #3: Ask Questions
Don’t be afraid to ask questions if you are unsure about something. Obtaining a Portland home loan is a long process and there are countless different mortgage options available on the market, so we understand how confusing everything can be. We will help educate you and explain everything along the way, but if something seems unclear to you, please tell us so we can address the confusion.
Tip #4: Come In Knowing Your Financial Goals
Mortgage lenders like to know what your financial goals are so they can assist you in finding the perfect loan. Let them know if your goal is to pay off your loan as quickly as you can or if you would like to have cheaper payments over a longer period of time. Whatever the case may be, your lender can provide the best option for your situation.
For more tips on your first meeting with a mortgage professional or to get started on yourPortland mortgage application today, please contact the Tammi Lindley Team at 503-517-8641.