We are a Full Service Lender
1st Preference Mortgage is 30 yrs old this April 2018. There is a reason for this longevity; 1st Preference is different from other Mortgage Companies and other Banks: • Our Loan Officers have a minimum 10 yrs experience • Our Loan Officers work 50-60 hrs a week • Mostly in the evenings and on the weekends • Whether on the phone or in a direct meeting with our Borrowers: • Our loan applications are taken ONE on ONE • We spend the time to answer all the questions of our Borrowers
1st Preference offers ALL mortgage programs, but we take the time with EACH BORROWER to find the best program for each individual; one product does not fit all. Every Borrower has the cell phone of our Loan Officer for follow up questions. Our Loan Officers will make the time to meet with our Borrowers to give them all the information they may need before negotiating with a Seller. Our Loan Officer is not just an email address or a place to leave a voice mail. When our borrowers want to write a contract, our Loan Officer is their partner, they are available to be contacted directly, even on a weekend or in the evening!
Why do you need to contact your Loan Officers when you are about to write a contract? Yes, you have already been Pre-Approved, but you need a letter to put with your contract to say that your specific offer for this specific property is a good offer.
You may be approvable for a $300,000 house, but your offer on this house Is only $271,000. You want your letter to say $271,000; you are negotiating, You don’t want to tell the seller that you can afford more! You want to know your Closing costs and Pre-paids for this particular house in this particular County for this offer. Yes, your pre-paids can change depending on the offer and THE COUNTY. Your taxes can be very different from one county to another. You want to know because you may want to negotiate with the seller to pay them all; you need to give the seller a specific number.
Let’s be Blunt: You see a house with your Realtor on a Saturday afternoon. You sit down and begin to write a contract with your Realtor. Who do you call at 6PM on a Saturday evening at Bank of America, Wells Fargo, Chase, or any other Bank or Mortgage Company? You can send an email, and when they get back to you on Monday or later, your house has been sold!
THIS IS WHY 1ST PREFERENCE MORTGAGE IS CELEBRATING 30 YRS; YES, we are truly a FULL SERVICE LENDER