When choosing a mortgage company in Indianapolis, there are a number of factors to look at. Many companies rely on slick advertising and misleading interest rates to bring in borrowers. However, this is not the best way to pick out a home mortgage loan company. Here are four ways that a borrower can gauge a mortgage expert for their effectiveness.
Knowledge – Is your mortgage loan company an expert in their field? Were they rated in the top 20 last year for total closed loans last year? If not, they’re not The Home Loan Expert. Ryan Kelley was ranked #2 in the Nation in FHA Loan Volume and #4 in the Nation for Most Closed Loans by the Scotsman Guide. That’s the mark of an expert. Do your research before you go in – check out www.thehomeloanexpert.com/tools/definitions and just ask them some basic questions. If they can’t answer you, or have to go look things up, walk away.
The right rate for you – It’s just that simple. if you are looking to lower your interest rate, for whatever reason, your mortgage company should be able to find it for you. If it’s not the rate you want, walk away. It’s your home, your bills, your money. You need a home mortgage loan that makes it possible for you to keep it, not line someone else’s pockets with a high interest rate.
Simplified process – Most home mortgage loan companies find ways to extend the process. They will have one mortgage loan officer handle the entire process, from start to finish. While this may seem like a good idea, from a continuity standpoint, it really works against the borrower, as it adds time to the process. Having a team with delegated responsibilities helps streamline the process, as everyone knows their job inside and out, and has less on their plate.
Rate of Response – How quickly do they get back to you? You can gauge the effectiveness of a home mortgage company by how they respond to your attempts to contact you. If it’s not the next day, they’re not serious about you, or aren’t run well enough to get back to you quickly. The Home Loan Expert researches your particular circumstances, checks what can be done for you, and contacts you as quickly as possible. This ensures that your loan can be started as quickly as possible.
These aren’t the only ways that you can know that your mortgage loan company is solid. Check up on them online, read reviews, look for testimonials from satisfied borrowers online. Just make sure that you have the right Indianapolis home loan company, that will help you meet your needs today and in the future. When you decide that The Home Loan Expert is the right mortgage loan company for you, call them at (317) 550-1515 and visit http://thehomeloanexpert.com/indianapolis to apply online today for your Indianapolis home loan!