Have you ever thought about the mortgage loan process? If you’re in the market for a home, you may be shopping for the perfect mortgage option. Understanding where the process originates can help you map out your homebuying timeline and identify the professional institutions you’ll work with to secure your loan.
A mortgage origination company is a business working closely with underwriters to complete the first and finalizing steps for mortgage loans. They gather documents, personal information and signatures to make sure the process runs smoothly.
Mortgage origination is the first company (originator) who starts the loan process. This can be but is not limited to mortgage brokers, retail banks and other mortgage lending institutions. They gather documents such as W-2s, personal ID’s and credit history to determine if applicants are qualified to receive a loan.
For most homeowners, financing through a mortgage loan was the best way to secure a property. Recent mortgage statistics have found over 64 percent of homeowners financed their home purchase through a mortgage loan.
For many homeowners, mortgage debt constitutes the largest portion of money owed to any institution. Currently, around 70 percent of US debt stems from mortgages.
Taking on a mortgage is a large responsibility, so it’s wise to do research on the mortgage industry to best understand mortgage rates and trends. Doing so can help you find the best deals to finance your home purchase.
Born and raised in Pittsburgh, PA. I bring over 25 years of customer service experience to my role as a real estate agent. My background in customer service has honed my skills in communication and relationship-building, allowing me to provide exceptional support to my clients throughout their real estate journeys.
I’m passionate about embracing diversity and welcoming clients from all backgrounds. I believe that everyone deserves a home that reflects their unique story, and I’m dedicated to helping my clients find that perfect space.
When I’m not busy assisting clients, I enjoy spending quality time with family and friends, exploring our vibrant city, and discovering new local gems.
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