Stay in Touch With Your Pros—Even If You Aren't Buying Yet
Do you think that the services of a real estate agent and a mortgage broker are useful only when you’re getting ready to buy, sell or refinance? You might want to think again.
Even if you’re not ready to buy, sell or refinance, you should stay in touch with your real estate and mortgage professionals. Here’s why:
Why You Should Keep in Contact With Your Mortgage Broker:
Having good credit is essential when you buy or refinance and since fixing your credit won’t happen overnight, utilizing your broker’s knowledge of how to improve credit can be very beneficial. Even if your credit score is excellent, they can still help you maintain that good score—even if you have no plans to buy or refinance in the immediate future.
Being approved for a new mortgage isn’t just about your credit score, however. It’s also about your assets, income, debt, debt-to-income ratio, and your overall financial well-being. By staying in contact with your mortgage professional, you can gain valuable insight on how to keep your finances in line.
Since the mortgage industry and lending in general are constantly changing, your broker can keep you up-to-date on all of the latest lending news, market trends and mortgage products that they can offer you. The ever-changing interest rates are reason enough to stay in touch with your mortgage professional.
Why You Should Keep in Contact With Your Real Estate Agent:
• Are you considering undertaking a remodeling project? If you are, your real estate agent is a great source for information on what projects will add the most value to your home. They’re also knowledgeable about current trends in remodeling and can help you decide which projects will improve the aesthetics of your home.
Much like interest rates, home values are constantly changing—and your agent can help you determine the current value of your home. Knowing when to buy or sell can be tricky, but your agent can keep you informed of how values are trending in your area and particular neighborhood.
Besides home values, your agent can be an enormous source of information on topics such as what’s hot and what’s not in design trends, general homeowner tips and the overall real estate market conditions. Their knowledge and advice can be valuable to you throughout the year—not just when you’re thinking about buying or selling.
For more than 25 years, Omega Financial has been serving mortgage clients in Massachusetts. Our brokers have approximately 50 years in the mortgage business. You always will receive fast, courteous, and accurate information. Omega Financial, Inc. is a company duly licensed to operate in Massachusetts as a Mortgage Brokerage. We are located in the Town of Norwood, Massachusetts where we have been operating as Omega Financial Incorporated since 1988.
Licensed by the Commissioner of Banks - License No. MB2671
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