Why Choose Central Bank Mortgage
Central Bank is different than other mortgage companies out there, we treat everyone like family. We’ve been family-owned and operated for generations and our Mortgage Department is no different.
We treat people like family and feel it’s important to look at people as we would look at our own family by asking ourselves, “What would they want? How would they want to be treated?”
We understand that customers want the right loan product and good pricing. They want quick decisions and we can accommodate that. We’ve built our entire Mortgage Department around making it as simple and easy as possible for our customers.
The national average to close a mortgage loan is 40-45 days. At Central Bank, we close mortgages typically twice as fast as the national average.
Closing quick is so important in the mortgage industry. If you’re looking to buy a house, you already know that by the time you submit an offer, there’ is probably 2 to 3 other offers already been submitted on that home. If you, as a home buyer, can tell the seller that your loan will close faster than those other people making offers, there is a much better chance of getting that house.
We understand you’re shopping for your dream home and we want to do everything we can to get you into the house that you ultimately want to live in. Our officers will do everything possible to simplify the mortgage process and get you what you need.
How Our Local Mortgage Servicing Can Help You
When my wife and I closed our first mortgage, I wasn’t in the mortgage industry and we didn’t go to Central Bank. What happened was that the lender sold our mortgage loan off to another lender in Texas. The lender that we were making payments to in Texas decided to sell our mortgage again.
A couple of weeks later we received a letter in the mail, and the first sentence in the letter said, “Oops, we’re sorry but we lost your loan packet in transit.” Of course in a loan file, everything is included like your driver’s license, social security number, birthday, and we were very concerned. It was a hard time for us.
We wished we would’ve just started the mortgage process right at Central Bank because Central Bank wouldn’t have sold our loan in the first place. Central Bank keeps your loan local and retains the servicing so that if you have questions or problems, you have a Central Bank representative you can talk to.
Why Having an In-house Mortgage Underwriter is So Important
Nobody wants to go through the mortgage process for a long period of time and for that reason we employ an in-house underwriter. Having an in-house underwriter significantly speeds up the mortgage loan process for the customer.
At Central Bank, we can get your information to someone who can make a decision quickly, accurately, and get you closed and into your dream home as soon as possible. It’s not typical for mortgage companies to have in-house underwriting. What they typically do is work with an underwriter who is often times out of state. As you can imagine, it takes a lot more time to send a file to another state than it does to walk it 15 feet and put it down on an underwriter’s desk.
If there are decisions to be made, we can sit down and brainstorm together rather than work with an underwriter we haven’t met before and that’s the advantage that we offer at Central Bank.