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  • All Things Home,  Getting Into Real Estate

    What Does a Mortgage Loan Officer Seek When Applying for a Mortgage?

    08/05/2023 /

    If you’re shopping for a home loan, you may be wondering what you should look for in a mortgage loan officer. After all, a loan officer is more than just a sales agent. They’re your advisor and your advocate, so it’s important to choose one who you feel comfortable working with. Type of Mortgage When seeking a mortgage, a borrower will first need to identify the loan program they want to use. In a fixed-rate mortgage, the borrower has full faith and credit in the mortgage lender’s ability to repay the mortgage in full. These mortgages have terms ranging from 15 years to 30 years. In a 30-year fixed-rate mortgage,…

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    Adriana Romano Comments Off on What Does a Mortgage Loan Officer Seek When Applying for a Mortgage?

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