"Feels Like the First Time"

The first thing I do with all of my new clients is go over their credit report line by line, ensuring that they are aware of everything that shows up, and discussing how to protect or earn a great credit score. I had an initial meeting yesterday with a married couple who are in the process of selling their first house and shopping for a larger home to accommodate their growing family. While this couple had been through the financing process before, they had never seen their credit report, let alone had someone explain it to them. After we had discussed the good (and a little bit of bad) which makes up their credit profile, the husband turned to the wife and said, "this feels like the first time I have applied for a mortgage." Was this cheesy? No. The fact of the matter is that many mortgage originators work hard to get potential clients in front of them and "close the deal" as fast as possible. This is not the approach I take--a home is the largest financial decision you will make, and as such, I take it very seriously. It is not unusual for a new client to tell me they did not know much about credit before their meeting, and this particular client hammered the point home in an entertaining way.

If you or someone you know can benefit from advice given by a True Mortgage Professional, someone who is an expert on credit as well as mortgage products, please urge them to talk to me by calling 414.807.7277 or sending an e-mail to: Peter@MortgageMKE.com