Researching the mortgage process beforehand (especially if you’re a first-time homebuyer) may give you an extra edge to understand the process better—and hopefully will help you have the most positive experience possible, no matter who you have your home loan with. Even if this is your second, third, or fifth time buying a home, as time changes, so do the rules and regulations. You’ll want to understand all the terms you are borrowing on, and have a basic concept of a good mortgage rate for your credit score. That will give you the insight to question a lender if some aspect doesn’t seem right.
At Flanagan Mortgage Services, we strive to be transparent and educate you on all the terms and obligations included in your loan. Your happiness and overall experience mean as much to us as it does to you. If you are a little weary about an offer you’ve received or you want to learn a little more about the mortgage process, give us a call—we are more than happy to give you the scoop.