Big banks are good for some things. They’re great for taking care of your car loan, or handling your checking account. When it comes to your mortgage, though, you need to call a real mortgage company, that specializes in home loans. Someone like The Home Loan Expert, Ryan Kelley has more options to save you money on your mortgage than any big bank will ever have. Here are some other reasons to use us instead of those big banks.
Our first reason is that big banks have so many people involved in your mortgage. Working with a big bank, you’ll meet someone at your appointment (you have an appointment, right?) and may never sit down with them face-to-face again until you close. It can be extremely frustrating to try to contact a loan officer that may be working on 30 other loans at the same time, and can’t give you the time to answer your questions. Since we meet face to face with every loan applicant, we make a point to keep you informed every step of the way. When conditions change for borrowers, we let them know that it’s a great time for them to refinance if they can save some money. Big banks aren’t doing that.
Big banks are too big to make individual loan decisions on individual borrowers. What I mean by that is that banks put people into categories. If you make “X” and have “Y” in debt, you can get “Z” for a mortgage. This is because the banks don’t make the time to meet with individual applicants to find the little things that can lower their interest rates. When they don’t sit down with you and make time to
The Big banks also are VERY slow to react to market trends. As a smaller company, we react so much faster to marketing conditions. I walk into Ryan’s office, and if he hasn’t already seen it, we make changes. It’s so much faster than dealing with the bureaucracy of a big bank and saves you money in the long run.
Banks also have problems with locale. Since they have multiple offices in multiple states, they may not have the most informed lenders at each branch about that area. This can lead to the loans being filled with conditions that aren’t necessary to the loan, as the officer may not know all of the different regulations to closing a loan in that area. That’s why we offer loans in areas that we are familiar. We are licensed in Missouri, Illinois, Indiana, and Tennessee and know the ins-and-outs of every area that we work in. You’ll never get an over-conditioned loan from The Home Loan Expert.
Don’t get stuck with a generic mortgage from a big bank or online lender. Call The Home Loan Expert, Ryan Kelley and take advantage of lower mortgage rates to buy your home or refinance and save money. Call us in St. Louis at (314) 781-9700, Chicago at (773) 770-4727, Indianapolis at (317) 550-1515 or Nashville at (615) 810-8555. You can always apply online at www.thehomeloanexpert.com, and we’re also open on Saturdays to better serve you. Don’t forget to follow @TheHomeLoanEx on Twitter for breaking mortgage news and knowledge. Nobody gets lower rates on better loans than The Home Loan Expert, Ryan Kelley, why go anywhere else?