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Ensure your loan officer maintains clear and prompt communication to avoid transaction hiccups. Scrutinize the loan estimate for any hidden fees such as originating fees or undisclosed charges for quoted rates.
Beware of seemingly low rates that may come with undisclosed charges. Inquire about the speed of escrow closure; in today's market, quick closures are essential for competitive offers.
Make sure your loan officer can close in two weeks or less if necessary; lengthy escrows are less desirable. Demand comprehensive information and don't hesitate to ask questions to understand the process fully. Given the significance of this purchase, ensure you have the right team member guiding you.
If you're considering buying a home but need guidance, I'm here to assist!
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