2 - How to Find a Lender, and What Questions Should I Ask Them?

First Time Home Buyers - How To Buy a Home

Today we’ll be talking about how to find a good lender and what questions to ask them to make sure they’re a good fit for you.
For each section, we go into detail to help you better understand the process.
Let’s first start by just listing a few of the ways to find a lender:

1. Realtor referral
2. A friend or coworker who recently bought a home
3. An Online Search
4. A referral from an organization

Some questions to ask a potential loan officer:

1. How long have you been working in the industry?
2. What types of loans do you primarily work on?
3. What types of loans do you like working on?
4. What do you like about doing loans?
5. What is your communication style and method, how often will we be talking?
6. I’m really new to this process, do you work with a lot of first time home buyers?
7. Do you have any first time home buyer programs? Any down payment assistance programs?
8. How long are your loans taking to close?
9. What’s the market looking like right now? What should I know?
10. What do you need from me to get started?

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Contact Information:
Philip Mastroianni – Loan Officer & Real Estate Agent
[phone]
[e-mail]
First Community Mortgage
NMLS# 2141541
DRE# 02141890
FCM NMLS ID 629700
Loan Application: Apply Online
Monica Mastroianni – Real Estate Agent
[phone]
[e-mail]
DRE# 02099257
Legacy Homes Realty