Congrats on deciding to embark down the path toward home ownership!
If you’ve never needed to apply for a mortgage before, it’s natural to have lots of questions about how the process works, the types of documentation you’ll need to provide and how long it may take to get an approval.
For this blog, we wanted to take some time to go over some of the things you can expect once you start the process.
Working with an expert
The most important thing you’ll want to do when you begin the police officer mortgage process, involves finding a lender you can trust.
Do you get the sense the person you’re speaking with is generally concerned with helping you fund the loan? Are they knowledgeable, and are they willing to take as much time as needed to answer your questions?
When you work with Home Loans Today you can rest easy in knowing that we have years of experience in helping first responders in the Pacific Northwest with all of their home lending needs.
We’re happy to answer any and all of your questions, and if you want to begin the process today, we’re happy to help you get started. On the other hand, if you’re just fact finding because you’re not quite ready to make the jump, that’s OK too!
We’re here regardless as to whether you want to get started right away, or if you’re just doing some advance homework on a loan you intend to pursue in the future.
Experts in lending
Applying for a first-time mortgage can be confusing, especially if you’re not sure which type of mortgage will work best for your individual situation.
At Home Loans Today, we can help you understand the difference between fixed-rate mortgages, adjustable rate mortgages (these are commonly referred to as an ARM) and hybrid mortgages.
If you’d like us to provide you with information on some of the various down payment assistance programs that are available in Washington State, we’ll be happy to assist you with that, too.
Do you have questions about possible obstacles you might encounter during the application process, the types of documents you’ll need to provide, how the appraisal process works, and what you can expect to pay in closing costs? We’ll be happy to walk you through all of it, from start to finish.
If you’re concerns about how fluctuations in future market interest rates could impact your mortgage payment if you opt for a hybrid mortgage or AM, we’ll take as much time as needed to address your questions and concerns.
Whether you’re ready to begin the application process today, or you’re just gathering information for an application you plan to start in the future, the expert police officer mortgage specialists at Home Loans Today are here to help.
For more information on how first mortgages for police officers work, eligibility requirements and current market interest rates, call our office today at 866-919-2064 to speak directly with a lending officer in your area. Or, if you’re ready to start the application process today, click here to get started.