Definition of mortgage:
A conveyance of or lien against property (as for securing a loan) that becomes void upon payment or performance according to stipulated terms
Make perfect sense? How about the terms escrow, buy down and jumbo loan? Know all the differences between a fixed-rate and an adjustable-rate mortgage? Think if you choose a fixed-rate mortgage, your monthly house payment is set for the next 30 years?
Buying a house is the biggest investment most people make in their entire lifetime. If you’ve been around the block a few times, you may know all the details of mortgaging a home—but you might need a refresher, too. Rules, regulations and procedures of home buying may have changed.
If you’re a new homebuyer, you may not even know what you don’t know. Do you know your credit score, the balance on all your personal loans and your overall financial standing? Can you afford a house? It takes some research to know what the best decision and loan program is for you personally. And true story, sometimes the Internet isn’t your best source of advice. This is a time you need to rely on someone who knows the business best. Meet Brenda Carlson, Home Mortgage Advisor.
Brenda has been working in mortgage origination for more than 25 years. A job as a bank teller when her husband was active duty Air Force grew into a job in mortgage processing. She learned the business from the back end, as a processor and closer, which means she knows the business front and back. She parlayed that into a career as a home loan advisor, working to acquire her certification and become a licensed loan officer. Plus, she is required to take six to eight classes annually to renew her license with additional compliance testing and training. There’s nothing current that Brenda doesn’t know about the mortgage business.
Brenda is nationally certified as well, so no matter where you live, from Rhode Island to Hawaii, she can help you land your first home. To learn more or schedule an appointment, contact:
Brenda Carlson, Home Loan Advisor
First Bank, Papillion, NE