Purchasing a new home is one of the most exciting yet nerve-wracking events you can undertake. Obtaining your new home mortgage may be your largest personal financial transaction. Therefore it is crucial to have experienced, knowledgeable, and trustworthy mortgage consultants like those at Virgin Bay Mortgage on your team.
What to consider when choosing a lender?
You’ll first want to look at rates and fees. The fees are what you will pay at application, closing, and throughout the loan approval process to obtain the loan, and the rate helps define the interest you will be charged in exchange for lending you the money.
You’ll also want to look at lender reputation. Check out the lender’s online testimonials and their social media pages. Word of mouth and referrals are HUGE in our business. Check out our homepage to see what past clients are saying about us!
Lastly, it’s also important to work with a lender who can process and close your mortgage loan smoothly and quickly. If a closing date must be pushed back on a refinance loan it can be inconvenient, but on a purchase home loan it can mean losing the home you have been dreaming about!
You can trust the professional loan officers at Virgin Bay Mortgage to care about your purchase financing as if it was their own.
Call us today at 1-340-714-0033
