How long have you been in the mortgage business and what inspired you to get into it?
I have been a mortgage professional for over 15 years. I got into the business because I grew up in a household where both of my parents were in the mortgage field and they spoke about mortgaging at the dinner table most nights. My mom was a processor and my dad was a loan officer. I saw how happy clients were when they closed on their new home. Buying a home is the single biggest purchase someone will ever make and I wanted to help people feel comfortable with that purchase and see the happiness on their faces at the end. That is why I go to my clients signings to ensure everything goes smooth and see the joy on their faces when they are done signing the paperwork.
What advice would you give new or first time home buyers?
I would advise a first time home borrower to look at home ownership instead of renting. I would advise the borrower get Pre-Approved before he/she starts looking at homes. During the Pre-approval process ask questions, find out your fico score, and confirm how much money you need to close. As a loan officer I would look to make sure they are current on their monthly bills/ obligations, advise on what sales price to look at so they don’t over extend themselves, save enough money for down payment and a couple of months reserves, and make sure your Fico score is where it should be.
Advantages to owning vs renting; there is no return on renting. When you own, your building equity and you are obtaining a great write off(in most cases). Also, they can decorate the home as they feel and don’t need permission. The building of equity is usually a great asset for down payment on their future home.
What can borrowers do to insure a smooth mortgage underwriting process?
To ensure a smooth underwriting process, I highly recommend a borrower get Pre-approved by an experienced loan officer before looking for homes. Bring in the necessary paperwork requested from the loan officer and have the loan officer review your credit, assets, and DTI(debt to income) ratio’s to ensure everything is in line before submitting offers on a home. If we can address possible hurdles up front there won’t be any surprises during escrow and we have time to correct anything needed before they are in contract to ensure once they are in contract everything goes smoothly in the underwriting process.
Summary of where you grew up: family, affiliations, college, high school, etc.
I have lived in Las Vegas 24 years. Previous to living in Las Vegas, I lived in Buffalo, NY. I attended UNLV and got my Bachelor’s Degree in Business management and a minor in fiancé. I was an active member of the student body during my time at UNLV. I was 3 time senator for the School of Business, a member of the Phi Delta Theta Fraternity, and VP of the Greek Council. As a member of the student government I sat on many subcommittees including a committee that help with the new Lied Library at UNLV.