Open Houses: Put Your Best Foot Forward

Attending an open house can be a great way to tour an available property, decide what you like and scope out the local competition. Who knows? It might even lead you to a great buyer’s agent.

Because of this, it’s essential you make a good impression on these outings. Want to be prepared for the open houses you visit? Follow these five etiquette rules:

  1. Don’t show up early or late. Open houses can mean long and tiring days for real estate agents. Respect the established open house hours. If they don’t work with your schedule, contact the listing agent to set up a private tour at a later time.

  2. Let the hosting agent know if you’re already represented. Already have an agent on your side? That’s okay — but make sure you’re upfront about it. Many agents use open houses as a way to get new client leads, so let them use their valuable time to speak with customers who need them.

  3. Give other buyers space. Don’t be surprised if other buyers show up while you’re on the property. Give them room to explore the home and respect their space. No one wants someone rushing them out of every room.

  4. Ask permission before opening a closed door or drawer. Maybe you want to check out the closet space, but you have to respect the homeowner’s privacy. Those areas are likely closed off for a reason.

  5. Avoid bad-mouthing any design or decor items. You might offend the agent if they staged the home. And the homeowners might find out too. Your words may come back to haunt you if you decide to make an offer.

An open house could be how you find your next home.

Approved Mortgage Expands Workforce with New Licensed Loan Officers

Approved Mortgage, Central Indiana’s largest and oldest locally owned mortgage company, makes key additions by adding new licensed loan officers to its team of over 30 experienced mortgage originators.

Greenwood, IN, May 24, 2019 –(PR.com)– Approved Mortgage, a trusted lender for over 20 years, announces the addition of new loan officers to its team that are successfully licensed to originate mortgages.

Hannah Lutgring has been promoted at Approved Mortgage as a Loan Officer where she will help homebuyers and homeowners with purchase and refinance mortgage transactions. As a licensed mortgage banker, she joins Central Indian’s largest and oldest locally owned mortgage company. Prior to being promoted, Lutgring spent 6 years with the company as a Junior Processor committed to loan approval where she served a very important role in the prepping and organizing of loan files.

“Hannah is a key addition to our team,” said Derrick Christy, CEO of Approved Mortgage. “As a licensed originator with extensive processing experience, she will be able to easily guide the borrowers and realtors through the entire real estate transaction with exceptional wherewithal that will be beneficial to getting the loan approved and cleared to close faster.”

Sarah McGrath has been promoted at Approved Mortgage as the newest licensed Loan Officer to a team of over 30 experienced mortgage originators that have been with the company an average of 10 years. She will be responsible for fostering lasting relationships with clients and the real estate community through purchase, refinance, and reverse mortgage transactions. Prior to becoming a Loan Officer with the company, McGrath has been with the company for more than 2 years as the Executive Assistant and will continue this role in addition to becoming a Loan Officer.

“I’ve worked directly with Sarah for the past several years,” said Christy. “She is a great representative of our company’s core values and her versatile skill set she demonstrates as an Executive Assistant will translate into providing her clients with a faster and more stress-free mortgage experience.”

The addition of Lutgring and McGrath as licensed Loan Officers reinforces the mission of Approved Mortgage to serve the mortgage needs of borrowers and realtors through communication, reliability, and value. The company continues its commitment to loan approval for its clients and closes home loans in just 19 days.

About Approved Mortgage

Approved Mortgage is the largest and oldest locally owned mortgage banker in Central Indiana with over 5 billion funded for Indiana families. As an industry leader for over 20 years, Approved Mortgage is recognized by Zillow® as a 5-star lender, rated a Top 20 Broker by Expertise®, and ranked by Entreprenuer.com® as one of the top 25 Best Small-Company Cultures. Approved Mortgage is a direct lender with in-house underwriting that allows for same day approvals. We provide a vast array of residential mortgage loans that has served thousands of families making their dream of home ownership a reality. Our residential product line includes conventional, jumbo, FHA, VA, reverse mortgages and portfolio loans for purchase, refinance, and construction transactions. We also offer a variety of commercial real estate loans for multifamily, office, retail, warehouse/flex space, as well as business loans including SBA, lines of credit, credit card merchant services accounts, and factoring. We look forward to assisting you with your mortgage loan needs by delivering just the right product you need and with the service you deserve. Approved Mortgage has served thousands of satisfied clients and is an A+ accredited member of the Better Business Bureau.

Do you know which documents to prep?

Want a fast and easy homebuying process? Of course you do. So how do you set yourself up for success? Start gathering your paperwork.

It may not be the most exciting part of buying a home, but it’s necessary to see where you stand and what you qualify for. Having your current financial records pulled and ready to go is the first step.

Here’s what you and any co-borrowers will need for a smooth loan process:

Income:

  • W2s or 1099s for the past two years 
  • Pay stubs for the two most recent pay periods
  • Income tax returns for the past two years (especially if you’re self-employed)

Assets:

  • Bank statements for any checking, savings or investment accounts (including 401(k)s, IRAs, etc.) for the past two months
  • Records of any other forms of income you receive (Social Security payments, child or spousal support, etc.)
  • Statements for assets, including stocks and bonds

Will you be receiving a financial gift from friends or family to pay for your down payment or closing costs? Then you should also have a gift letter to disclose that amount of money. And don’t forget to bring a copy of your driver’s license, as well as that of any co-borrowers.

Keep in mind that you may be asked for additional proof of income and assets. It will depend on the loan you’re applying for, as well as your employment status, income, debts and other unique financial factors.