Independent Bankers have had a significant positive impact on the lending industry. Today, the use of a professional Banker is one of the key strategies used by sophisticated borrowers.

What is a Banker?

A Banker is an independent real-estate financing professional who specializes in the origination of residential mortgage loans. A Banker underwrites, closes, and funds it own loans.  A Banker then will sell the closed loan into the secondary mortgage market. By doing so a borrower, through the Banker, has the ability to choose from all of the mortgage loan products available. By combining professional expertise with direct access to these loan products, your Banker provides the most efficient way to obtain financing tailored to your specific financial goals.

What Do Bankers Do?

In the volatile home-lending market, Bankers can serve as safeguards, offering their clients security, safety, and peace of mind. One of the Bankers most important functions is escorting your loan application through the entire process, constantly patrolling the component transactions for possible breakdowns. A professional Banker can wade through the mountains of rate data and program options, researching current market conditions to find the most accurate and up-to-date information about cost-effective loan options.

Bankers Handle the Details!

There are literally thousands of variables that can affect the outcome of your mortgage transaction. That's why you need a Banker to act as a liaison between the title and escrow company, real estate agent, lender, appraiser, credit agency, the underwriters, the processors, attorneys, and any other services which may affect your transaction.

A Banker also:

• Discusses and explains financing program options
• Informs you, in writing, of lock-in options
• Explains all documents of the loan application
• Explains all associated costs of the loan application
• Explains the disbursement of all loan applications
• Explains the loan process, from application to closing
• Provides you with a good faith estimate of cost and fees
• Communicates with you throughout the loan process in a timely manner
• Coordinates the final closing of your transaction