Why does a team doing mortgages provides the best Mortgage Service
We have all been there. The bank not getting back to you, or maybe they declined you? A mortgage professional ghosting your texts. Everyone gets busy, right?
Isn’t that the empathetic way to look at things? Not really!! Not when you are one week out from closing your dream $450,000.00 home purchase which happens to be the largest investment you will ever make in your life. But, you can wait. Does this make sense? No, it doesn’t.
If you Google “Mortgage Broker” right now you will get this.
A mortgage broker: Serves as the middleman between the lender and the borrower and handles the time-consuming process of securing the loan and gathering the considerable paperwork involved.
It says it right there. TIME-CONSUMING.
They are all amazing at our professions. But the process is time-consuming, and this leads to backups in the process. Your file is not being looked at. Your file could be in the “application” state, but is it truly being processed as quickly as possible? Are you getting your answers as quickly as you expect?
Quick glance at the general process in reality
- 20 seconds to tell you “yes” we should do an application with simple 5 questions
- 15 minutes to do an in-depth analysis and send your application
- 1-day max to get answers from at least 2 – 3 lenders – during which you must send in income and other documents (this is the time-consuming part)
- 4 hours max on triple a products if documents come in asap.
Let’s just say things would be in order and run smoothly if a team tried to approve you.
Here are the 5 benefits of working with Mortgage Suite
- More minds to create more approval avenues
- A team creates more relationships with lenders – 121 plus to be exact!
- Experience creates less bias towards your file. There are always ideas from other agents outside the deal that can help navigate it to a better pathway approval.
- Communication is key here. We have a team of people that will answer, and get you the answers you need.
- There is no “i” in team, and I don’t think there is an “i” in mortgage either.
Here, at Mortgage Suite we take service to a higher standard as a Broker Team Concept. We want to communicate with you and update you on your application. We make it easy for you to apply and understand your mortgage.
You need the money, let us take care of the rest.
