Meet Your Premia Relocation Mortgage team.
When you’re relocating, you’ll need the services of a wide range of people and companies. In addition to relocation consultants, real estate agents and moving companies, you’ll have a mortgage team that understands home financing as well as the relocation process. Here are three of the key roles involved with your home financing:
At Premia Relocation Mortgage, we have mortgage consultants who understand the unique details that accompany a relocation. They are already familiar with your relocation policy and understand how to stretch your benefits and reduce out-of-pocket costs.
Starting from the very beginning when they help you choose which loan meets your financial goals. While the application process can happen quickly with our online DigitalMove™ platform, our mortgage consultants are available to answer any questions and to be a source of support. We believe that relationships support technology, not replace it.
Client Loan Specialist
This detail-oriented team member will organize and manage all requirements needed for the underwriter to approve your loan. They look at your financial situation to make sure that details are available to clearly meet the product’s guidelines. The client loan specialist also keeps track of deadlines and provides tips to ensure you are ready for closing.
The underwriter is responsible for determining if you meet the loan qualifications after receiving documentation from the client loan specialist. They look at the 3 Cs, which are Credit, Capacity, and Collateral:
- Credit is how well you’ve managed money you’ve borrowed in the past, since it can be a predictor of how you’ll handle credit in the future.
- Capacity evaluates if your ability to pay the mortgage based on your income and expenses. The formula is based on your debt-to-income ratio (DTI).
- Collateral is the value of assets, including the estimated market value of your new home, investments, etc.
Relocation is our only business and our middle name. Choose a team that understands the nuances of your unique move.