KHTS Radio Santa Clarita Radio – Santa Clarita News
At American Family Funding, Mortgage Advisor and Operations Manager Dave Cantrell is talking about how important it is for residents to choose the right lender for their Santa Clarita mortgages.
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“Choosing the right lender is of utmost importance, because you want to make sure that you’re going to talk to somebody that’s knowledgeable,” Cantrell said. “You want to make sure that they’re going to sit down with you and find out your situation so they can tell you the different products that are out there.”
Cantrell noted that at American Family Funding, their goal is to put clients in what he called “the best situation possible” for their unique circumstances.
Related: Santa Clarita Mortgage Lender David Cantrell Builds Company On Culture (Video)
However, this may not be what the client initially walked into their lender’s office expecting.
“A lot of times people come in with a preconception of, ‘I want this, and I want 30-year fixed,’ … without thinking about, there’s a lot of other products out there,” Cantrell explained. “Something might be a little bit better, or not, but at least we want to be the knowledge source. We want to make sure people understand and have an understanding of what they’re doing.”
For instance, it’s not always necessary that a potential homebuyer put 20 percent down in order for them to buy a home, and the staff at American Family Funding can actually do what’s called a “cost-of-waiting analysis” to see if it’s more beneficial to make the purchase now, according to Cantrell.
“It goes back to the cost of waiting,” Cantrell said. “You don’t need to save up 20 percent. It’s better if you do, but buying a home (and) putting 10 percent down is always going to be better than renting.”
Programs exist where buyers can put down 3 or 3.5 percent, and veterans can even get a loan with no money down.
In addition, Cantrell believes choosing local mortgage companies in Santa Clarita, like American Family Funding, is vital, and recommends visiting their offices to see what the company culture is like.
“I always tell people that we take the ‘family’ part of American Family Funding very seriously, and that’s the culture that we like to have out there,” Cantrell said. “I did a loan for somebody that I got invited to their housewarming party. We really want that relationship to be a good, solid, deep relationship, because that’s going to go on for a long time.”
Ed. Note: This article is a KHTS Community Spotlight based on a recent radio interview with American Family Funding.American Family Funding a Division of American Pacific Mortgage Corporation NMLS #1850
David Cantrell NMLS #1427091 — Licensed by the Department of Business Oversight Under the California Residential Mortgage Lending Act.
About American Family Funding, Your Resource for Santa Clarita Mortgages
Santa Clarita mortgages lender American Family Funding can help you fulfill your dream of home ownership. A highly rated Santa Clarita mortgages lender, American Family Funding maintains a focus on community involvement and a commitment to giving back whenever possible. A friendly mortgage advisorwill make the first time homebuyer experience an easy and stress-free experience — even with bad creditor a low down payment. The Santa Clarita home loan officers at American Family Funding also specialize in VA loans, reverse mortgages, refinancing and the STAR Loan Program.
