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Importance of your Lender Post Closing
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After closing on your home, don’t kick your Lender to the curb…

 

Your lender can be an important asset beyond the closing on your home. Times when it might be beneficial for you to consult with your lender include:

 

At these times, your lender can review your current mortgage, answer important questions, and help identify other professionals you may need to speak with such as a CPA, an attorney or a financial planner. For example, prior to divorce there are certain steps you should take related to the disposition of the home that are easy to overlook, such as understanding how child/spousal support will be counted, income verification requirements, overall affordability, and necessary financial documentation required for loan applications.

 

Oftentimes, people forget about their lender after the closing, relieved to be through a somewhat arduous process. Ideally, your lender should be a valued part of your financial team, someone you can turn to for answers to mortgage related questions beyond the closing.

 

If you do have questions about your current mortgage, or have a friend or family member in need of a pre-approval to purchase a home, please contact us, we are always here to help.

 

The material provided in this newsletter is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, we do not make any representations as to its accuracy or completeness and as a result, there is no guarantee it is not without errors.

© 2018 Fairway Independent Mortgage Corporation. NMLS Entity ID #2289. www.nmlsconsumeraccess.org All rights reserved. 4750 S. Biltmore Lane, Madison, WI 53718. Complaints may be directed to: (866) 912-4800 or Email us: customerservice@fairwaymc.com. Toll Free: 866-912-4800. Fax: 608-837-4723. MA Mortgage Broker and Lender License #MC2289. Licensed by the New Hampshire Banking Department. Rhode Island Licensed Broker and Lender. Also licensed in Maine, Connecticut and Vermont.