The home buying process can be daunting, especially the first time around. Mortgages seem like a lot of hassle, but they don’t have to be! When you buy a home, you’ll go through a lot of changes, both emotionally and financially. Quicken Loans recently held a Google Hangout to ease first-time home buyer’s minds during about the mortgage process.
So what should you expect when you apply for a mortgage? During the Google Hangout, Quicken Loans Director of Relocation Mortgage Banking, Mike Berris, talked first-time buyers through three stages of the mortgage process: approval, signing the contract and underwriting. He also discussed some types of home loans that are common choices for first-time home buyers.
So what should you take away from this section of the Google Hangout? You don’t have to do it on your own! Find a loan officer or mortgage banker who you trust to walk you through the mortgage process.
Want to find out more about applying for a mortgage? Check out this video from the Google Hangout: