Tony DeMarco

Finding the Best Mortgage Lender For most potential borrowers, the challenge is not in finding a mortgage lender, but in sifting through the multitude of banks, online lenders, mortgage brokers and others ready to take your loan application. How do you choose which one will offer you the best rates, terms and competent customer service to boot? Cut through the thicket by shopping broadly and then narrowing your focus as you learn more about what type of lending environment makes you most comfortable. Begin to familiarize yourself with various lenders and the deals they're offering by browsing around. Then take your shopping a step further. Go to the bank or credit union where you already have a checking or savings account and ask what types of mortgage deals they offer current customers. And be sure to ask friends and family members for referrals to loan officers and mortgage brokers who gave them good, professional service and helped them find the most competitive loans. Always keep in mind that, not only are you buying a home, you are commiting to a very expensive financial product -- a mortgage loan. Remember, if you were to take out a mortgage for $300,000, at 4.25 percent interest and keep that loan for the full 30 years, you would end up spending over $231,000 in interest alone! You should demand to be treated as a very special customer when you're spending that kind of money. DIY or hire a broker? One important decision will be whether to pursue a mortgage at the bank or to use the services of a mortgage broker. While a good mortgage broker can shop your loan among several lenders, it's important to understand that bankers usually don't have special access to deals that are available elsewhere. And a banker is not obligated to find the deal that is best for you. Don’t confuse a rate quote on the phone as being the best deal for you, the only rate quote that matters is the quote at the application.  And never select your mortgage lender based strictly on a rate quote, reputation for service is just as critical.  You want to know your broker has the ability to close the loan with no surprises. So interview your lender as if you were going to put him/her on the payroll, because that is exactly what you are doing! Before working with a broker, take the time to talk with two or three of that broker's most recent clients. Ask if they received the same type of loan the broker promised, if the costs were in line with their expectations, if interest-rate lock-ins were obtained without delay and if the closing was smooth and on time. When you decide to work with a mortgage broker, your time spent shopping other lenders will help you judge whether the product the broker comes up with is indeed the best deal for you.

Tony DeMarco

NMLS ID#222923 Senior Loan Officer Home Lending Solutions TonyDeMarco.TheMortgagePro.org
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Your Purchase, Jumbo Loan and

Refinance Mortgage Advantage

Call Now 732-539-5155

Request Your FREE COPY of The Secrets to Getting Your Loan Approved Simply Provide Your Email Address
Citizens Bank  601 Route 73 N Suite 205 Mail Stop NJM205 Marlton, NJ 08053
Home Loans in Monmouth Beach
Call Now: 732-539-5155  Email Me : Anthony.DeMarco@citizensbank.com Visit My Website TonyDeMarco.TheMortgagePro.org
Loan product availability is subject to many factors including loan amount and qualification of borrower. Not every applicant qualifies or is eligible for every loan program. Some loan products may not be available in all states in which the company holds licenses. Loan approval, note rate and annual percentage rate (“APR”) are dependent on factors including, but not limited to: loan program selected, credit, collateral, income, assets and overall financial history. Not all applicants will be approved for a loan. All loan programs, terms, and interest rates are subject to change without notice. Consumer Complaint Information: Citizens Bank, N.A. (NMLS ID# 433960) is licensed under the laws of the State of Pennsylvania and by the State Law is subject to regulatory oversight by the Pennsylvania Department of Banking. Any consumer wishing to file a complaint against Citizens Bank, N.A.. (NMLS ID# 433960) should complete, sign, and send a complaint form to the Pennsylvania Department of Banking., 17 2nd St, Harrisburg, PA 17101. Complaint forms and instructions may be downloaded and printed from the Department's website located at http://www.dobs.pa.gov or obtained from the Department upon request by mail at the address above,

Tony DeMarco

Finding the Best Mortgage Lender For most potential borrowers, the challenge is not in finding a mortgage lender, but in sifting through the multitude of banks, online lenders, mortgage brokers and others ready to take your loan application. How do you choose which one will offer you the best rates, terms and competent customer service to boot? Cut through the thicket by shopping broadly and then narrowing your focus as you learn more about what type of lending environment makes you most comfortable. Begin to familiarize yourself with various lenders and the deals they're offering by browsing around. Then take your shopping a step further. Go to the bank or credit union where you already have a checking or savings account and ask what types of mortgage deals they offer current customers. And be sure to ask friends and family members for referrals to loan officers and mortgage brokers who gave them good, professional service and helped them find the most competitive loans. Always keep in mind that, not only are you buying a home, you are commiting to a very expensive financial product -- a mortgage loan. Remember, if you were to take out a mortgage for $300,000, at 4.25 percent interest and keep that loan for the full 30 years, you would end up spending over $231,000 in interest alone! You should demand to be treated as a very special customer when you're spending that kind of money. DIY or hire a broker? One important decision will be whether to pursue a mortgage at the bank or to use the services of a mortgage broker. While a good mortgage broker can shop your loan among several lenders, it's important to understand that bankers usually don't have special access to deals that are available elsewhere. And a banker is not obligated to find the deal that is best for you. Don’t confuse a rate quote on the phone as being the best deal for you, the only rate quote that matters is the quote at the application.  And never select your mortgage lender based strictly on a rate quote, reputation for service is just as critical.  You want to know your broker has the ability to close the loan with no surprises. So interview your lender as if you were going to put him/her on the payroll, because that is exactly what you are doing! Before working with a broker, take the time to talk with two or three of that broker's most recent clients. Ask if they received the same type of loan the broker promised, if the costs were in line with their expectations, if interest-rate lock-ins were obtained without delay and if the closing was smooth and on time. When you decide to work with a mortgage broker, your time spent shopping other lenders will help you judge whether the product the broker comes up with is indeed the best deal for you.

Tony DeMarco

NMLS ID#222923 Senior Loan Officer Home Lending Solutions TonyDeMarco.TheMortgagePro.org
More Info More Info

Call Now           Call Now

Call Now:   Email Me : Anthony.DeMarco@citizensbank.com Visit My Website TonyDeMarco.TheMortgagePro.org
Request Your FREE COPY of The Secrets to Getting Your Loan Approved Simply Provide Your Email Address
Citizens Bank  601 Route 73 N Suite 205 Mail Stop NJM205 Marlton, NJ 08053
Home Loans in Monmouth Beach
Loan product availability is subject to many factors including loan amount and qualification of borrower. Not every applicant qualifies or is eligible for every loan program. Some loan products may not be available in all states in which the company holds licenses. Loan approval, note rate and annual percentage rate (“APR”) are dependent on factors including, but not limited to: loan program selected, credit, collateral, income, assets and overall financial history. Not all applicants will be approved for a loan. All loan programs, terms, and interest rates are subject to change without notice. Consumer Complaint Information: Citizens Bank, N.A. (NMLS ID# 433960) is licensed under the laws of the State of Pennsylvania and by the State Law is subject to regulatory oversight by the Pennsylvania Department of Banking. Any consumer wishing to file a complaint against Citizens Bank, N.A.. (NMLS ID# 433960) should complete, sign, and send a complaint form to the Pennsylvania Department of Banking., 17 2nd St, Harrisburg, PA 17101. Complaint forms and instructions may be downloaded and printed from the Department's website located at http://www.dobs.pa.gov or obtained from the Department upon request by mail at the address above,
732-539-5155 732-539-5155