By: Patti J. Helm, Assistant Vice President Mortgage Lending Southwest, Fargo, First International Bank & Trust
You’re hearing it from every angle these days: Now is a great time to buy or build a new home.
But here’s something else we’d like you to know, especially if you’re buying your first home: Our bank can get you through the home buying process much more smoothly and quickly. That’s because we have our own processing and underwriting staff members in-house, which reduces turn-around and wait times for home loans.
We relate well.
Our Mortgage Officers have the right experience & resources to keep current regarding loan programs, and pricing options that will be best suited for your situation, as well as programs that offer special grants to assist qualifying homebuyers.. We have loan officers whose focus in Mortgage Lending has been driven by customer service through the last several years. That’s impressive, since it was the most tumultuous time in the industry in decades—if not longer. Our loan officers clearly have the right expertise to guide your home buying process.
Buying your first home?
Unfortunately there are not many existing homes for sale in the Fargo – Moorhead area, so New Construction & Construction lending is a popular option. I’ve also built several new homes myself, and I love helping others through that experience.
Step by step to your new front steps
Here’s the general guide for buying your first home:
1. Complete our online home mortgage application
This is more user-friendly than ever. And it’s free! The application links right to our system so we get an email when you submit it; we can fine-tune or complete your application together if necessary (either in-person or by phone) and submit it for pre-qualification right away.
2. Come in to one of our locations and we’ll find you a home loan expert who fits your style, since we have mortgage officers of every age, personality, and communication style. We’ll be talking to each other often, so we need to get just the right fit.
3. We may work with you to fine-tune your application. We’ll discuss the types of loans, loan programs, grant programs, and pricing options, to find the one that best fits your situation.
4. We will coordinate all the details from gathering any other financial information that may be necessary to the final closing.
These steps are similar for purchasing your second, third, tenth or any other home. Even if you have purchased a home before, we urge you to balance information from trusted, experienced mortgage professionals with information from realtors, neighbors and quick Internet searches.
It’s exciting that most young people who come in for a home loan these days have a nice level of education about credit scores, banking and lending in general. We just need to guide them through the details.
We love closing day.
Our favorite times are helping those with the final home buying process step: closing day. We’re right there, explaining all the forms, answering every question (there are simply NO dumb questions, especially when it comes to home mortgages! That’s exactly why we are here.) and making sure you have a trusty pen for all the signatures.
If you’re considering buying your first home (or building your 10th home!), please come talk with us. Things are changing every day, and our timely knowledge can really make a difference for you.
Patti grew up in the Bismarck – Mandan area, where her father built homes and her parents paid up to 23 percent in home mortgage rates! She started her career at The Title Company. She has lived & worked in Fargo – Moorhead for 22 years. These days, she focuses on Construction Lending & Residential Home Lending. She has even built several homes herself, working through a contractor. Patti and her team are eager to make your new home dreams come true. Patti’s NMLS #: 629513