Congratulations on your decision to buy a new home! The process of selecting the ideal home can be as challenging as it is exciting. But your efforts will certainly pay off in the years ahead as the home adds comfort, style and enrichment to your life. If this is your first time, you'll find that working with me is your best possible choice. If you're a veteran at buying homes, you will most likely find a big difference between my approach and that of others you've worked with. Not all mortgage brokers are created equal. Most in today's market have very little experience with the actual home buying process. I am an expert in this area, having years of experience and having been through the process countless times. Over the years, I have developed strong, solid relationships with a long list of Realtors - giving me a unique perspective into the Realtor's side of things. You simply won't find another mortgage broker with as much knowledge of the entire process as I. With me as your mortgage broker, you'll learn about the entire home-buying process, including advice on shopping for a home, the loan process, and owning a home. I will walk you through the process step-by-step, and in about half the time as other mortgage lenders. You can count on me to help you select the best loan program for your situation - one that suits both your budget and lifestyle. How the home buying process works Difference between "Pre-Qualified" and "Pre-Approved" Advantages of being Pre-Approved Advantages of being a Kim Eungard client How the home buying process works There are many important things to consider throughout the process, especially if you're a first-time homebuyer. A home purchase may be your largest financial transaction to date, so it's important to make the right decisions and to keep an eye on the details. With the assistance of your Real Estate Agent and Mortgage Broker, it should be an efficient, pleasant, and ultimately rewarding experience. Here's some information about each player's roles that will keep you on track. Real Estate Agent Mortgage Broker You Count On Your Real Estate Agent To: Preview available homes to weed out those that are overpriced, or undesirable in some other way. Present the homes that suit your needs as you've defined them. Help you determine the difference between a "good buy" and a property which, because of its nature (neighborhood, market appeal, etc.), might have to be discounted if you decide to sell in the future. Negotiate the best deal for you. With a Pre-Qualification or a Pre-Approval letter in hand, your Real Estate Agent will be able to demonstrate that you are a qualified and capable borrower. This will strongly influence the Seller, and may make the difference between the Seller accepting your offer or someone else's -- even if your offer is lower! Count On Me, Your Mortgage Broker, To: Assist you in selecting the best loan to meet your personal situation and goals. (This single decision can save you thousands of dollars throughout the years!) Keep you informed of your loan status throughout the entire process. Keep your Real Estate Agent informed of our loan progress. Note: Your personal information is always kept confidential between you and I; only deal points and progress are shared. Get the appropriate loan for you at the best rates and fees. This will save you significant money "up front" and throughout the years to come. Count On Yourself To: Keep your Real Estate Agent informed of any questions or concerns as they develop. Keep the process moving by providing documentation and decisions as soon as reasonably possible. By doing so, many of the details are taken care of early in the process so you can comfortably concentrate on any last-minute details or events that require your attention. Enjoy purchasing your home, but do remain objective throughout -- to make the business decisions that are best for you. Make sure you are Pre-Approved as early as possible. This will put the power of financing behind you so you can concentrate on selecting your home. The difference between "Pre-Qualified" and "Pre-Approved": There is considerable difference between being "Pre-Qualified" for a mortgage and being "Pre-Approved." Generally, becoming Pre-Qualified only requires a brief discussion with a Loan Officer outlining credit, income, debts and liabilities with no actual verification of this information. Obviously, a Borrower's picture can change if the information given at the pre-qualification meeting cannot be verified. On the other hand, a Pre-Approval actually approves you for a specific amount, pending only the appraisal of the home you decide to buy. All information about your credit history, income, debts, liabilities and work is verified before a Pre-Approval status is given. The advantages of being Pre-Approved: Sellers take an approved Buyer more seriously when making an offer on the home. Approved Buyers can gain a competitive advantage in negotiating with the Seller. An approved Buyer can more quickly make an offer. Realtors work harder for Pre-Approved Buyers. The advantages of being a Kim Eungard client: The time to listen. The knowledge to find the right loan. Real customer service. I can answer your questions and help you through this potentially stressful experience, to make the right choices and possibly save you thousands! I will evaluate your particular wants and needs; analyze your closing costs estimate for ways to save money; do more than the qualifying number crunching to determine your comfort level in a mortgage; offer solutions to make you ready for a mortgage; be your second opinion and virtual hand holder from the time before you apply for your mortgage - all the way to settlement. Knowledgeable Now with 25 years of experience, I have gained vast knowledge in every facet of residential mortgage lending. The most important experience I have gained over the last 25 years, though, is a genuine concern and caring for people. My dedication and desire to help borrowers make the best, educated decisions about something that will affect them for possibly the next 30 years is what inspired me to create this website! Personal You aren't a "number" when you're a Kim Eungard client. I am committed to treating each client as a unique individual with unique needs. Unlike some mortgage lenders, I understand that personal service is important to you and to my business. Your needs will always be my first priority. Timely Time is of the essence when you are buying a home or refinancing. You need a mortgage broker who can get you the mortgage you need quickly. I am committed to making this process timely and convenient. In some cases, most of the work can be done right over the phone. The Difference A lot of mortgage brokers first got into the industry when the rates dropped so dramatically a few years ago. Everyone was making money doing refinance loans. Their people were trained minimally, to get as many employees on staff as fast as possible. They don't know the purchase side very well, if at all. These companies are in business to process as many loans as possible, as fast as possible. Like a factory. Over the years, I have established a stable and successful business model. This model is centered around putting the client's needs first, unlike those mortgage brokers whose primary goal is to move people through the loan process as if they were products on an assembly line. As a Kim Eungard client, you can be assured that quality comes before quantity.