Just read this great post on MoneyPress: Tips to find a good loan officer. It’s written by Richard M. Hartian – who has many years in the business and says he’s “in the process of creating a new life plan.” a cool thing…. here’s the article.
It’s often hard to know if the person you are about to work with is credible and knows what they are doing. Without question, a good loan officer is the most important person who will work on your loan, and on your behalf. A good loan officer knows what the underwriting (the person that approves or denies your loan) knows, which means right from the beginning they can guide you in the right direction.
As an 18 year veteran of writing loans, I’ve had the opportunity to see and work with many different types of loan officers; by far the good ones stand out and, for the most part, do the same things…Here is what to look for:
- A full time loan officer with no other job – Part timers are just that; they know only parts of the process, are not able to stay on top of the changing loan guidelines and generally have less “pull” in the office. In all cases stay away.
Read the rest of the article here: