Invite Valerie from Schmidt Mortgage Over!
Qualifying for loans, obtaining loans, refinancing loans….with all the newer regulations and safeguards implemented over the last couple years, it’s become a mystery that requires a Sherlock Holmes to solve. Or better yet – how about local resident Valerie Stefancin from Schmidt Mortgage!
If you want to buy a home, you’ll need to get a loan. That means working with a home loan consultant to get qualified. You’ll need to complete a loan application and then wait to hear back. If your credit score is not par excellence, your loan consultant may be the bearer of the bad news that a little fix-up work is needed before you can qualify. If you have an experienced and motivated loan officer on your side, that can mean the difference between getting the loan or just giving up in utter frustration.
The role of Valerie as a loan consultant within the home mortgage process can take unnecessary stress off your plate. With the tons of rules that apply today, what at one time used to be a rather uncomplicated process has turned into a nightmare for some.
Here are three ways Valerie can help with your home loan needs.
1. Valerie wants to get you qualified to obtain a loan.
If you can’t qualify for a loan today, Valerie will work with you to help you get qualified. A sincere loan officer will put in a great amount of effort to help you qualify, regardless of how difficult the process may become. The effort they invest is often far beyond what is required when you find a reputable and trusted loan officer like Valerie. This process can take many months or even years, depending on the individual’s credit history. If you faithfully follow through with the her recommendations, you will be able to obtain the loan you desire.
“I have known and worked with Valerie Stefancin for many years and not only do I trust her with my clients best interests, but she is the choice of loan officer for my personal property, my family members as well as my peers. Valerie is held in the highest regard in the real estate community due to her knowledge of the business and years of dedication to her profession. She is indeed an asset to the community and the industry!”
~Darlene Duncan, ABR, Realtor
2. Valerie can and will correct credit disasters if you follow her advice.
These past few years have taken a painful toll on many. Jobs have been lost, pay cuts taken, insurances lost – all of which can cause even the most disciplined person to end up with unpaid bills. Valerie has seen credit scores lower than yours! From the time you begin your journey with her to reestablish your credit, if you choose to be perfectly honest about your financial ‘disasters’ of the past, she can help. Upfront full disclosure will give her an understanding of how much work will be involved.
“I was able to buy my home that I could not afford with the another mortgage company. Valerie was attentive, answered all of my questions and explained everything in detail.”
~Marsha Jones, Buyer, Euclid, OH
3. Valerie will help you understand and find the best refinancing loan available.
Perhaps you have been considering refinancing but aren’t sure where to start. All mortgage loans, other than purchase mortgages, are classified as refinance loans. Should you replace an existing loan with a new loan or sign on for a cash-out refinance loan? Valerie will help you to understand each of these programs and which one is most beneficial for you. On rate and term refinance loans, rates are lower, but in a cash-out loan, you can use home equity to pay off high interest rate debts or extract cash to use for home repairs. A cash-out refinance usually results in a higher overall mortgage payment though, whereas term refinances result in lower payments. What is best for you? That’s where Valerie comes in!
”I really like working with you. You are very upfront and honest. That’s why I come back and tell people about you.”
~ Sharon Murphy, Refinance Client
Valerie has lived in Russell, Ohio, for over 20 years. She is highly involved in the community, and you will find her volunteering often with pet rescues and shelters, something she has devoted herself to for many years. You can read more about her in a previous article, True ‘Tails’ Revealed: the Secret Life of a Mortgage Loan Officer.
If you have any questions regarding home loans or the refinancing process, give her a call!
Valerie R. Stefancin
Mortgage Loan Officer/Reverse Mortgage Specialist
NMLS #214033 LO.007179.000
Schmidt Mortgage Company
20545 Center Ridge Road, #250
Rocky River, OH 44116
(216) 570-4343
