Professionals on the move
Summer is often seen as a time for relaxation and vacations, but for many professionals, it is also when they begin searching for a new home. The real estate market tends to heat up as the weather gets warmer and the mortgage demand increases. The summer months see an increased need for mortgages for many reasons.
Historically, the summer season is typically when more homes hit the market, giving homebuyers a broader selection. With more options available, individuals may be more likely to find a home that meets their specific needs and preferences, making them more likely to purchase a new home.
Families with children often prefer to move during the summer when school is out of session, making it easier to relocate without interrupting their children’s education.
Many individuals working from home during the pandemic also seek larger homes with more outdoor space and amenities to accommodate their new lifestyle.
Purchasing a home is one of the most significant financial investments most people will make in their lifetime. With that said, it’s crucial to have a mortgage lender you can trust to help guide you through the process. Working with someone you trust will help ensure that the process goes as smoothly as possible and that you receive the best terms and rates for your loan.
As you embark on this journey, your mortgage lender will:
- Provide Expert advice: A trusted mortgage lender can offer valuable insight into the home buying process, including what type of mortgage is best for your needs, how much house you can afford, and what the overall cost of homeownership will be. They can also provide guidance on improving your credit score or financial situation to help you qualify for a better loan.
- Help You Navigate the Paperwork: The mortgage application process can be complicated, and it’s easy to get overwhelmed by all the paperwork. A trusted mortgage lender can help you understand the documents you must complete and ensure everything is filled out correctly.
- Work to Save You Time and Money: A trusted mortgage lender can help you save time and money by finding the best loan options for your situation. They can help you compare rates and terms from different lenders, so you can choose the one that offers the best value for your needs.
- Offer Personalized Service: A trusted mortgage lender will take the time to understand your unique needs and goals and work with you to find a loan that meets those needs. They can also offer personalized service throughout the entire process, answering any questions you have and providing updates on your loan status.
- Help You Avoid Scams: Unfortunately, many scams and fraudulent mortgage lenders are out there. By working with a lender you trust, you can rest assured that you are working with a reputable company with your best interests in mind.
If you, like so many others, are considering purchasing a home during the summer months, it may be an ideal time to get on the move and your search moving forward.
Do your homework and take the time to research. Find a trusted mortgage lender you feel comfortable working with and confidently start your journey towards homeownership.
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About Glen McCall
Glen McCall leads First United Bank’s Oklahoma City and Edmond Markets and its purpose to inspire and empower others to Spend Life Wisely.
Glen is a graduate of Eckerd College, earning his degree in Business Management and ABA’s Commercial Lending School at SMU.
Glen serves his community through Scouting and Santa Fe Presbyterian Church in Edmond.
Glen resides in Edmond, OK with his wife of 27 years, Tracie, a Special Ed. Teacher, and their 3 sons. His free time is spent at his sons’ football games, band competitions and swim meets.