Finding the Right Lender is Important
An important factor in purchasing a home in Washington County is the financing. Most buyers in the St George Real Estate are do not have enough cash on hand to pay cash for a house. This necessitates the home buyer getting a loan. There are a lot of lenders that would be happy to help with a loan. Lenders make their money when they assist someone with a loan. They don’t actually get paid until the loan funds and the transaction is closed. This is an advantage to home buyers in the St George Real Estate market, because the lender is motivated to help them get the home they are interested in. Lenders do not all charge the same amount for their help, and Lenders are not all the same.
Mortgage Broker
Some people feel it is advantageous to use a Southern Utah Mortgage Broker. A mortgage broker differs from a local bank or credit union. The broker typically has many companies they work with. This can be an advantage for a first time buyer, or someone that doesn’t fit within the parameters of the local bank or credit union. This means that a local lender may be limited on who they can help. This is also true in the St George Real Estate market. The broker will typically gather credit information, and determine which lender they represent will work the best for the home buyer. This can be helpful if a person has been denied a loan through a local bank or credit union. Getting lined up with a good lender can make the difference in buying the right Real Estate in the St George area.
Shop Around
Like anything, it is a good idea to shop around when looking for a lender. It is also a good idea to interview the specific loan officer being considered. If you don’t connect with the loan officer, the process may not turn out very well. If you are like me, I really appreciate it when people call me back and it drives me crazy when people don’t. If this is important to you, make sure you express this to the loan officer and get a feel for how important this it to them. The loan process can be a bit stressful, especially if you and the loan officer don’t establish a good working relationship. Even though the entire process is usually only 30-90 days, working with a good agent will minimize any stress associated with the transaction. Real Estate in St George is moving pretty quickly, the last thing you want is to have a lender hold you back from investing in St George Real Estate.
Staples Group at Patriot Mortgage
I highly recommend the Staples Group at Patriot Mortgage. This is mainly because they are motivated, to serve people and follow through. As I mentioned previously, follow through and returning phone calls are both extremely important to me. The Staples Group has always returned my calls promptly and treated my clients with respect and professionalism. I feel that they are one of the better lenders in the St George Real Estate area. They can help you secure a property in the St George Market.
This is one of the reasons I like working with the Staples here in the St George Real Estate area. It is important to understand that Real Estate Agents and Mortgage professionals are not allowed to compensate each other. The reason I mention this is to clarify that I will not receive anything from Staples for this recommendation. I feel strongly that working with the right lender can make a huge difference in a St George real estate transaction.
