Your Pot of Gold: Team Lassen's Lending ProcessPosted on Mar 30, 2021
Team Lassen Lending is your pot of gold when it comes to care, knowledge, and speed! Let’s take on the terrain of Colorado real estate together. You may be wondering: aside from competitive rates and fees, what else does Team Lassen bring to the table? What type of loan am I best suited for? We’re here to share a quick snapshot of the lending process when you partner up with your Front Range Real Estate Experts!
1. Superior Agents and Customer Service
Say hello to the honest and humble agents of Team Lassen! These licensed individuals with plenty of accolades are some of the top-performing agents in the Denver Metro area. They have built relationships with many national and local home builders. Take Residential Lender and Owner, Tim Moore, for instance: Tim has a background in corporate finance and holds dual Master’s degrees from the University of Colorado in Business Administration and Management. Tim was a Senior Loan Officer for the past ten years and joined Team Lassen in 2004. Tim gets the most satisfaction out of working with each client to help them obtain the best financing solutions for their specific needs.
That’s right, we’re here to represent you so that you feel heard! We work directly with your Real Estate Agent, Insurance Agent, and Title Company to ensure your loan closes smoothly. We walk you through a simple and straightforward no-obligation pre-approval process with zero upfront fees or costs.
2. A Loan Option That Fits You
What is the difference between a Conventional loan, FHA loan, and VA loan? Well, Bankrate puts it plainly: “A conventional loan is a mortgage not backed or insured by the government. Conventional loans typically have fixed interest rates and terms.” An FHA loan on the other hand is insured by the Federal Housing Administration. Qualified lenders are protected in the instance of a mortgage default. A VA loan, insured by the U.S. Department of Veterans Affairs, acts similarly. It insures and protects qualified veteran lenders.
Now, which of these is right for you? What else haven’t we named? Set up a chat with Team Lassen! We customize and personalize your loan to meet your specific needs.
3. Fast Closings
According to Rocket Mortgage, on average, you can plan for a closing to take 30 to 45 days. Now, this range does vary from loan-to-loan. A closing on the shorter end often tells us that few troubles and complexities popped up when evaluating the buyer’s financials and when appraising and inspecting the home. Most standard loans take about 47 days, while FHA loans take the longest at about 52 days.
With so much to sort through and circumstances changing from person-to-person, thoughtful organization and transparent communication between the buyer, seller and lender will save time, money, and stress. That’s where Team Lassen comes in! Our in-house loan processing and preferred status with investors expedites the closing.
We hope this was a helpful walk-through as you maneuver the Colorado market! Remember, Team Lassen is here to help you sell your home, buy a home, build a home, and ultimately, feel safe and secure in that home through our careful lending process! Contact us today with any questions.