When shopping for a home in Oakhurst and a loan with which to purchase it, you have many big decisions to make. Among them is your choice of mortgage company.
Below are some recommendations to help you understand what considerations are important when selecting a mortgage company in Oakhurst or elsewhere in California.
1. Work with a company with a wide variety of lending products to choose from.
If you want to find the perfect mortgage for your needs, you are more likely to be matched with an ideal product if there is a large and varied selection available to you.
A mortgage company that offers conventional loans, jumbo loans, VA loans, FHA loans, USDA loans, non-QM loans and other options for home financing is most likely to have a mortgage which can help you move affordably into your dream home.
2. Pick a mortgage company in Oakhurst that knows the local market.
Oakhurst is a unique community with many beautiful homes for sale. To make the most of the opportunities which are available, work with a local company that is deeply familiar with the Oakhurst market.
3. The California mortgage company you choose should be able to process your loan quickly and efficiently.
If it takes too long to close on a loan, a valuable opportunity can slip through your fingers. Rather than allowing that to happen, ask the company you are thinking of working with in advance if they can close quickly enough for you to buy the home you want.
4. The right mortgage company in CA will treat you like an individual.
Big box lenders frequently turn customers away for reasons of low credit scores or non-traditional income situations. Even though these customers may be financially viable and able to afford a home, a nationwide lender that is used to working only with a certain kind of customer may not be willing to put in the extra work to help them.
A local mortgage company, on the other hand, is more likely to work with you regardless of your individual situation. Rather than attempting to process every customer’s mortgage the same way, the loan experts may be more willing to create customized loan solutions.
That means that you may be able to apply for a home loan even if you do not have a W-2. You also might qualify for a competitive home loan even if your credit score is not perfect.
5. Choose a company that is communicative and transparent.
You should never be stuck wondering what is happening with your home loan application. Buying a home is complicated enough without unnecessary hassles and uncertainties.
You also should receive straightforward answers to any questions you might have. No company should ever beat around the bush with you regarding such an important financial decision as signing on a home loan.
The company you do decide to work with should be patient and thorough with answers to questions, and should provide you with continuous updates on your loan status. You also should be able to reach a loan expert easily.
Granite West Funding is Your Oakhurst Mortgage Company
At Granite West Funding, we offer a diverse selection of loans and a personalized lending process. Whether or not you have excellent credit or a traditional employment situation, we can connect you with an affordable mortgage. We love answering questions about the lending process and helping customers quickly close on their dream homes.
Ready to schedule your consultation? Please call us at 559-540-2275. We work with customers in Oakhurst, the surrounding area, and throughout California.