Why Choose a Preferred Lender?

When purchasing a new home, there are so many decisions to make that can feel overwhelming at times. The very first decision is how you plan to pay for your home. That is typically one of the easiest choices, and for most, the choice is to take out a mortgage. So now what? Where do you begin, what should you consider, and who do you trust? This is where things get a bit more complicated.

A good starting point would be to contact one of our Preferred Lenders who are familiar with our contracts and communities. They will be able to give you the most honest and accurate estimate and can walk you through their pre-approval process. Getting an accurate estimate is key. It tells you what you qualify for and how much you need for closing. Knowing how much you are approved for before you purchase will help protect your investment when it comes time to pay the earnest money deposit. It is important to determine how much you can afford before going to contract.  

Consider the following when choosing a lender:

1. Check Closing Fees: Make sure all fees are included.
2. Compare Estimates: Use our Preferred Lender’s estimate for comparison.
3. Know Your Contact: Ask who will handle your loan.
4. Avoid Repetition: Find out how often you’ll need to submit the same information.
5. Listen and Adapt: Make sure they listen to you and can work with your schedule.
6. Location and Time Zone: Check if they are in the same time zone for easy communication.
7. Smooth Closing: Ensure they can transfer funds efficiently on the closing day for a hassle-free experience.
8. Experience: Do they have experience with new construction loans? There are some subtle differences that the lender should be aware of and familiar with.

At Empire Homes, we’ve carefully chosen our Preferred Lenders. They are trusted, respected professionals with years of experience. We have a cooperative relationship with them to ensure an easy and smooth closing. Our Preferred Lenders provide competitive rates and tailored programs to suit your needs. They also strive to approve your loan quickly, handle any unexpected issues, and offer you peace of mind during the home-building process.

Empire provides a comprehensive range of choices to meet your needs. Our Preferred Lenders have a 100% track record of closing on time. We encourage you to consider one of our Preferred Lenders for the best experience in your home buying journey.

Next, discover what you need to know about securing a mortgage, and the top reasons to buy a new home in the Carolinas with Empire.