This initiative is in appreciation of the contributions made by members of the United States Armed Forces and their families. The Veterans and Military Family Mortgage Program, ‘Maryland Homefront’, provides military veterans and active duty military with a special interest rate of 3.5% for a 30 year, fixed rate mortgage. Looking for more borrower-friendly content? Sign up for the wemlo weekly newsletter where we share industry news, tips, and advice just like this.The Maryland Department of Housing and Community Development is proud to offer this special program in honor of our veterans. You can grab the PDF checklist right here. While the wemlo ® platform makes it easy to follow the mortgage process (for both mortgage professionals and the borrower!) we put together this handy document checklist, which includes personal information, financial information, and employment information, to share with your borrowers to simplify things and help them get prepared. “Hitting the loan head-on and discovering any problems at the very beginning goes a long way in developing a trusting relationship where you can easily go to the loan originator if any bumps occur as loans move through the process.” “To create a solid relationship with the loan originators you work with, processors need to be fully transparent, especially at the front end,” said Andrea H., a senior wemlo loan processor.

And, according to a senior loan processor at wemlo, it goes a long way in creating a trusting relationship for all parties involved. The more information you can share ahead of time, the easier the process may be for everyone.

As a mortgage professional, it’s part of your job to build the relationship, help them feel prepared, and put their mind at ease. It’s no secret that the mortgage loan process can be confusing and overwhelming to potential borrowers, especially in today’s market.

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