They say there’s an app for everything, and that certainly feels true. But that doesn’t mean that you should finance your home—likely the largest purchase you may ever make—on your mobile device. Likewise, just because a mortgage lender makes clever commercials doesn’t mean that they’re going to be the best choice for your finances.
We understand that shopping for a mortgage isn’t as glamorous as searching for your dream home. But there are many reasons why it pays (literally!) to shop around.
Not all home lenders are created equal. Here are four surprising benefits of getting an in-house mortgage:
We Know You
Do you fit exactly the typical home buyer mold? Are you completely satisfied with the way your finances look on paper? If you’ve never had credit in your life, if you’ve recently quit your job to pursue your dream of self employment, if your credit was damaged badly in the past (even if it’s since recovered)—these can be red flags for traditional lenders.
In-house financing offers you the chance to jump off the page, so to speak, and obtain a mortgage that you may not qualify for under traditional lending programs. If there are any “gray areas” on you loan application, our underwriter can speak with your loan officer directly to sort them out and improve your chance of being approved for the loan.
We Know the Community
If you’ve ever searched for your home on Zillow, you know that public data doesn’t tell the whole story of a property—or what it’s worth. Unique features, renovations or upgrades, and the popularity of the community all go into the value of a home.
As a division of Beverly-Hanks, the largest independent real estate company in WNC, our loan processors and underwriters understand the intricacies of local lending. They know our communities, chances are they know your employer, and they for sure know that not all properties are created equal in the mountains. That knowledge is instrumental in helping you get the best value for your loan.
We Work with You
Did you know that Beverly-Hanks is the only real estate company in Western North Carolina to also operate as a mortgage lender? We made that move deliberately to ensure that your loan processing and decision making takes place locally.
As your local lender, Beverly-Hanks Mortgage Services beats the big banks by taking the time to give your application the careful, customized consideration it deserves. When an approval is on the fence, we take the time to explain what you can do to improve your application. And once the loan is yours, we’re there to explain all the details. We work directly with your real estate agent to ensure an efficient loan process. And we are personally available to ensure you’re confident in your real estate decisions.
We’re Full Service
Even if another lender hasn’t outsourced your loan application acceptance, chances are they’ve outsourced your loan processing and underwriting. Since all Beverly-Hanks loans are processed under our supervision, our team of professionals is always available to answer your questions and to ensure the level of service you deserve.
From pre-approval to closing day and through the life of your loan, we’re by your side every step of the way. Isn’t it great to have the personal attention you deserve when it comes to making one of the biggest financial decisions of your life?
We’re Faster
When delays to a real estate transaction cost you real money, working with locals can make a real difference!
Local loan processing and underwriting means a more convenient and efficient loan process. In-house underwriting leads to faster loan processing. And faster processing likely means faster funding of the loan. Not only does that benefit you, the home buyer, but the seller benefits, too. Make sure they thank you on closing day!
Ready to Finance Local? Make a Mortgage Inquiry Today
At Beverly-Hanks, we strive to make financing real estate easy and enjoyable. That is why we are staffed with local financing professionals dedicated to prompt, personal service. You will find we offer a broad menu of financing options, very competitive rates, and customer service that is second to none.
See how it compares to finance local. Make a mortgage inquiry today!
This Post Brought to You by:
Beverly-Hanks Mortgage Services
For more information on our many financing services, call one of our professional mortgage loan officers today: (866) 858-2257.
I’d like to jump off the page with in-house financing. That would make my life a lot easier. So I’ll see what I can do about getting a good mortgage.
I am glad an underwriter can help if there are gray areas on my loan. I hope to get one soon. So I will find an underwriter to help me out.
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I found it interesting when you said we recognize that looking for a mortgage isn’t as exciting as looking for your ideal house. I used to think differently about it not until you explained it briefly and it really got my attention. What you said about mortgage lending solutions was really interesting to me.
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