Home Experts ProfilesSPONSORED CONTENT
Senior Home Lending Advisor, Chase
1401 New York Ave. NW
NMLS ID 481255
HONORS AND ACHIEVEMENTS
Many 5-star reviews on Zillow; Nationally registered; 33 years of experience as a senior home lending advisor
All home lending products are subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions and limitations apply.
Home lending products offered by JPMorgan Chase Bank, N.A.
How is buying a home today different from the past?
I started my mortgage banking career in 1986 with Chase Bank of Maryland. A lifelong Washingtonian and native to Montgomery County, I’ve seen the market evolve over the past 33 years.
It’s a faster market than in prior years. For the most part, buyers have to make instant decisions and move quickly to secure a contract on a home. Competition means multiple offers and buyers need to be prepared, as often sellers are looking for items that make the buyer take more risk.
We’re seeing a lot of all-cash contracts with the right to take financing, meaning that buyers are going in with limited contingencies. To make this happen, buyers need to speak with an industry professional and not just accept a prequalification as a go-ahead to buy a home. We’re encouraging our buyers to be fully underwritten with a conditional approval letter that their financing will be in place when they need it. This also allows our buyers to settle quickly as the contract dictates.
How is buying a home the same today?
Buyers still need full representation. As much information is on the Internet, there’s a lot of misinformation, too. It’s great that we can see homes online, but an industry professional can help a buyer navigate potential pitfalls.
As the largest bank in the country, Chase can offer full-service banking products as well as individualized service. It’s the perfect blend of an industry leader and a neighborhood expert. We’re expanding into the D.C. area and the addition of the new banking centers has been exciting.
Buying or refinancing a home can seem overwhelming. I can help make the process easier for you by reviewing loan options and answering all questions.