Obtaining a mortgage and finding a house are two very complicated, time-consuming things to do.
The mortgage industry is so diverse and complex that it can often leave home buyers with their heads spinning. There are many parties that play a role in buying a home. Such as you, the buyer. The seller, the realtor, the mortgage company, the appraiser, etc. The list goes on and on.
With so many people involved in this process, home buyers will often find themselves asking the question who can we trust?
A very good question this is indeed. As I have stressed before and I will stress again. For this very reason alone, you should be educating yourself about the mortgage industry.
Not to the point where you need to become an expert, but at least to the point where you can familiarize yourself with all the jargon that will be thrown at you, and how the actual mortgage process works.
When it comes to who can you trust? My suggestion to you would be to ask a family member or a friend to refer you to the people they used. Someone they had a positive experience with and got the job done to their satisfaction.
If you dont already know someone in the industry that can help you, and you were unable to be referred to anyone, than contact a local reputable realtor to assist you. But before you commit, make sure you check their references. And always shop around for rates.
For the most part you will be dealing with two people on a regular basis, your realtor and your loan officer. Generally, the people in the industry are very good at what they do, and are very good at being your advocate.
That being said, it is still very important to find a comfort level with the people you are dealing with.
Purchasing a home is by far one of the largest financial transactions you will ever perform in your life, so you want to be sure all the parties involved get it right.