Austin, Texas (PRWEB) August 19, 2013
New website AustinMortgage.co has just released an array of services specifically catered to those looking to either finance a new home purchase, or refinance an existing home. Created by members of the real estate community, the site provides guidance to consumers based on actual transaction history of those in the loan business, who satisfy strict requirements for customer oriented service and follow through.
Finding a great mortgage broker or loan specialist is especially challenging in today's environment, following the credit crisis and subsequent real estate bust a few years ago. The hangover effect from this continues to plague the mortgage market, and many in the field frustrate buyers, complicate matters, and simply cannot close a deal. Furthermore, guidelines used by lenders are far more stringent than in the past, and sometimes it is the bank or lender that is the ultimate culprit.
AustinMortgage.co solves this problem by providing users with a list of mortgage specialists who have been tested in the field, and rated by their peers and customers. In order for a mortgage broker to even be listed on the site, they must have the integrity to be honest with clients about what they can or cannot afford, and provide a true good faith estimate. The mortgage person must be available for regular follow-up with clients, work well with title companies and realtors, and move the application smoothly through the pipeline. They must foresee potential issues in advance, work closely with their underwriter and other team members, and effect a smooth closing.
With interest rates rising, and the real estate home sales market becoming very competitive in Central Texas, it is paramount that a purchaser of a home use a competent mortgage specialist. The consequences for not finding the right person can vary from not being able to close a deal at the last minute, to losing one's earnest money deposit, to thousands of dollars lost over time due to a high interest rate or other fees. For those looking to avoid such costly mistakes, a visit to austinmortgage.co and its partners solves these problems.