Trusted Mortgage Lender
The Northwest is home to a relatively stable real estate market which provides homeowners with a variety of mortgage programs to choose from. Often times identifying the right mortgage can be a confusing and time consuming process. That is why it’s so important to work with a trusted local mortgage lender who can direct you towards a loan product that will satisfy your financial objectives.
Many lenders in the Seattle, Tacoma and Bellevue area are out of touch with the constantly changing mortgage guidelines. Every week we meet new clients who have been turned down by their former lenders because the value of their homes have dropped, making it impossible to refinance their current mortgage into today’s low interest rates. Sadly, these other mortgage lenders don’t know is that the federal government has setup a number of new loan programs which allow homeowners to refinance their existing mortgages regardless of how much the value of their home has dropped.
Even if you owe more than your house is worth odds are you can still refinance your home under these new programs. At Northwest Mortgage Experts we stay on top of our changing industry and help our clients take advantage of the latest programs in the market. In the past few months we have helped clients refinance their homes into amazingly low rates even though the value of their homes have dropped 15 - 35%. When it comes to choosing a mortgage lender we encourage people to think locally, mortgage lending has become far more complex than it was a few years ago and unless you are working with a lender that understands the local real estate market odd are you are missing out on great loan products that could be saving you thousand of dollars per year.
Given that the housing bubble that caused the current economic crisis was largely the result of actions by unscrupulous mortgage lenders, it is understandable that you would be leery of putting your trust in any mortgage lenders. This is an unfortunate state of affairs for one simple reason. There has never been a better time to buy a home. It is true. For as long as anyone living today can remember there has never been a time when home prices have been so low, and government incentives for home buying have been so strong. And the truth is, the vast majority of people will not be able to take advantage of this system without the assistance of mortgage lenders.
But which of all these mortgages lenders do you put your faith in? One of the large mortgage lenders who profited off of the bad loans they made to people who could not afford them? Not if you have any interest in keeping the home that you are trying to buy. And that is the very thing that so often gets lost in the scramble of mortgage lenders trying to offer you more and more complex deals that make them a bigger profit. They forget that, for most people, buying a home is not about being able to turn around a quick profit, it is about buying a home that they and their family will be able to live in and depend upon no matter what is happening in the outside world.
Nick’s success has been built on the fact that he gets loans for people who are able to pay them back. Integrity like this is hard to come by among mortgage lenders, and it is a good reason to call Nick, but it certainly is not the only one. Nick’s years of experience have made him an expert in navigating the complex world of mortgage lenders, and his detailed understanding of the nuances of the new mortgage stimulus plan enables him to find deals that you would never get with another mortgage lender. Nick can help you lock in low rates for the life of your mortgage, and depending on your situation, may even be able to take advantage of government programs that will allow you to refinance your house even if the value has dropped.
So if you are among the lucky few who are going to be able to take advantage of this economic downturn by securing a new home at a bargain price that may never come again, make the smart choice. Speak with Nick Fitzer, a local mortgage lender with the expertise to get the financing you want.
