AuburnBank wants to help you obtain your dreams!
April Herring is AuburnBank's Senior Vice President of the Mortgage Division. April stands ready to assist you with all of your mortgage questions, you can contact her by phone 334-887-4658 or email aherring@auburnbank.com. There are several important factors associated with your decision to buy a new home or refinance your existing mortgage. Considerations include:
- AuburnBank NMLS#403461
- Arranging for the financing of your new home is important. AuburnBank can help you understand the steps you will need to take to apply for a loan.
- AuburnBank offers in-house servicing1. What does this mean to you? You make your mortgage payments at AuburnBank and if you have any questions, we're here to serve you.
- Purchasing a home may be your largest financial purchase. It is important to clearly understand what the real estate contract requires of both you and the seller.
What should I expect my AuburnBank Mortgage Loan Originator (MLO) to do for me?
Your MLO will:
- Provide counseling and assistance in your selection of the best loan available to meet your situation and goals. Numerous loan programs exist and selecting the one that is best can result in a significant savings to you.
- Assist you in filling out your loan application, disclose to you your rights as an applicant, and will make sure that you understand what information you need to provide to the bank in order for your loan to be submitted for approval.
- Keep you informed of your loan's status throughout the process.
What should I expect my Real Estate Professional to do for me?
Your realtor will help you narrow down the list of properties available in your market and help you select by:
- Properly weighing your needs and preferences as you have described them.
- Helping you determine the difference between a home that appears to be a great buy and one that may have limitations that can complicate your ability to resell in the future.
- Helping you negotiate the best deal. Real Estate sales contracts can be complex and your agent can help you understand what the agreement will require above you and the seller.
What will be expected of me in the mortgage loan process?
You will need to:
- Keep your Lender and Realtor advised of any new information relating to the purchase contract, questions that arise, or other matters that you feel are significant.ne
- Share any significant changes to your financial status.
- Be prepared for your loan closing by bringing all required documentation and certified funds to closing (ex: official check or wire)
Certain loan products require outside servicing. Check with your mortgage loan originator for specifics.
For more information or to apply for a loan, schedule an appointment with an AuburnBank Mortgage Originator today.
