Today in early 2021, the real estate market is hard to navigate if you are a home buyer. It’s a sellers’ market with increasing prices and a limited inventory of homes, plus with mortgage rates at historic lows, a lot more buyers are in the market to buy a home. That all means more stress on borrowers who must move very quickly in every phase of the home buying process.
Because of that, a local mortgage broker is a home buyer’s strongest ally. If you are shopping for a home, it’s so important to be pre-qualified. A pre-qualification gives you, and your realtor, the estimated borrowing range you’re expected to be approved for, in order to repay the lender. That means you know that you will likely qualify for a mortgage up to $300,000, for example, so that you’re not wasting time looking at homes that you won’t be approved to purchase.
At Indigo Mortgage, we can usually get a borrower pre-qualified the same day. When a buyer needs a pre-qual letter sent to the realtors involved in a possible purchase, even if it’s outside of normal business hours, our loan officers are able to issue the letter, even on a weekend.
We can also customize that pre-qual letter to the purchase price. That’s not possible with many big banks, national lenders, and internet lenders. A local mortgage broker like Indigo Mortgage is more responsive and more accessible, from loan application through funding. That is vital in a real estate market that is on fire, like it is now. Borrowers need fast response times, they want someone to talk to when they call, and they want accountability; as a local mortgage broker, we work to fulfill each of those needs.
When purchasing a home, get connected with a local mortgage broker like Indigo Mortgage and we can assist with pre-qualification, loan application, low interest rates, and a smooth process for your mortgage loan and home purchase.