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Walter Purdy

VP of Mortgage Lending
8871 W. Flamingo Rd, Suite 101, Office C, Las Vegas, NV 89147
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NMLS: 1451466
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TestimonialsCustomer testimonials Read more

Walter and his team have been very helpful with the financing part of our real estate purchase. We used his services to purchase our first real estate investment. He made it simple by giving us access to our application through his website and he was easy to get a hold of, and made sure to respond back in a timely manner. With our busy schedules, his team has made sure we were updated and reminded of the next steps needed to be taken during the application process and this is greatly...

Oscar & Cindy L. | 05/23/2017

Home loans are a frustrating but largely necessary part of home ownership. Finding a great lender who can help you close the loan, keep you informed on the status of the process, and make you feel confident in their ability is rare. Walter Purdy certainly has achieved all three of these. I was not a first time home buyer when I met Walter, I had already done a few mortgages with good lenders but Walter and Guaranteed Rate are certainly the best I’ve ever dealt with. Finding a the right...

Alexander F. | 05/16/2017

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Walter interview Q&A

What specific steps do you use to help your customers find the best home loan for them?
One of the ways we can determine the loan programs and the amounts for which you qualify is to get a complete understanding of your financial picture today. Certain investors have specific guidelines around documentation, and I want to make sure we have everything you may require before we lock in mortgage rate. By collecting as much information as possible about your income now, we can identify the best options for your loan and ensure a smooth loan process.
What advice would you give new or first time home buyers?
Don't put off getting pre-approved if you are in the market to purchase a home, even if it's 4-6 months out. It costs you $0 to get a pre-approval letter and 25% of the time, we find challenges with income and or credit that can be addressed with ample time. Don't be the person who attempts to get pre-approved AFTER you make an offer on your dream home.
What part of the home loan process do customers find most difficult and how do you help them through it?
The most difficult part is that buying real estate is not like walking in & out of your local store to buy a tv, it takes time. There is legal process that takes place & that calls for attention to detail. That is why I’ve surrounded myself with a team of highly skilled individuals whose entire focus is making the mortgage process as smooth as possible for you by always keeping you informed on each step needed to advance you to the next stage of your real estate transaction. Step #1 is applying so we know how to guide you on your current situation to achieve your dream of owning that home.
What provides you with the most satisfaction in your job as a Loan Officer?
The most satisfying thing is seeing how excited my clients are when they walk into their home for the first time & they thank me. That look on their face is something you don’t forget. Knowing I’ve been able to help people from all different backgrounds change their entire financial situation for the better to qualify for a mortgage & get their dream home. I’ve noticed that weather I’m helping them add their first home or 5th investment property, my clients get the same excitement as me when we close.
Tell us something that makes you unique or something wacky, yet interesting about you?
I enjoy working weekends & always have my phone on me.

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