Part 2: An Inside Look at Buying a Home
Lisa Barrett is sharing her journey to home ownership. If you missed part one, click here.
Part 2: Applying for a Mortgage with Dan Pedroni of North State Bank
What comes after you first start thinking about owning a home? Naturally... What can I actually afford? What can we buy in the current market that won’t destroy our savings but will also include everything we’re looking for in a “forever home”?
The next thought that follows is often about getting a mortgage.
You can easily do a Google search to find the pros and cons of using different types of mortgage lenders, and it can be enticing to try a national platform like Rocket Mortgage, where you think you can get a super-low rate.
But among the many reasons to partner with an experienced real estate agent is to benefit from their expertise that comes with handling deal after deal. And one of the most important suggestions Lindsey gave us was to use a local lender.
Lanier Property Group gave us a list of the top three local lenders they recommend and explained the critical factors that made these options stand apart from the pack.
Wealth of Knowledge
History of Success
Personalized Service & Dedicated Support Team
Localized Market / Understanding the Local Economy
With LPG’s suggestions in mind, we selected Dan Pedroni from North State Bank to be our lender. He was incredibly helpful and communicative throughout the entire process, which, for a new construction, ended up taking almost 10 full months.
Dan worked with Lindsey when we needed our pre-approval letter and were deciding on which type of new construction would be best for our family. He was accessible on nights and weekends, and was able to help us get what we needed in a timely fashion.
And when we got closer to the closing date, Dan provided detailed lists of all the information we needed to collect and when we needed to submit each document by. The process can be overwhelming, but he answered all our questions and helped us whenever needed.
Check in next week for part 3...