What to Expect When Buying a Home

Embarking on the journey to become a homeowner can feel overwhelming. With so many personal anecdotes and experiences shared, it can be daunting for first-time homebuyers. At Park Bank, we empathize with this sentiment and have designed a comprehensive framework for all our homebuying clients. We believe that this approach, which goes beyond a mere online application and a few phone calls, is better equipped to assist you in achieving your homeownership aspirations.

Rates, Points, Fees, Credits, and Loan-Level Pricing Adjustments (LLPAs)

The mortgage programs and rates available to homebuyers are generally similar across various lenders. Therefore, the 30-year fixed rate displayed by one lender is likely based on industry standards. However, the intricacies involved in determining your personalized rate can differ significantly from lender to lender. Our aim is to simplify this process. We provide fixed-rate loan options that match or surpass the most competitive rates in our market. By doing so, we enable you to concentrate on more crucial aspects of your homebuying journey.

Technology

You expect technology to be good, but you'd prefer it to be great. In today's world, nearly every transaction involves software or technology, and their effectiveness varies. At Park Bank, we utilize state-of-the-art technology to offer you a unified platform for all aspects of your home buying experience. However, we recognize that technology is not the only decisive factor when choosing a partner to achieve your goals. The mortgage industry sometimes places excessive reliance on technology and overlooks the most crucial element, the people. We prioritize our customers and their needs by coupling innovative technology with dedicated professionals who provide personalized service.

People

In today's highly competitive real estate market, it's reasonable to have numerous questions during the home buying process. This is where a Park Bank Mortgage Advisor can become the most valuable player on your team. All of our mortgage advisors possess years, and even decades, of experience in guiding clients through various market conditions to help them achieve their homeownership goals. Our commitment goes beyond merely answering phone calls; we take the time to gain a complete understanding of your unique situation and objectives. Our team collaborates with your real estate representative to develop a comprehensive strategy that paves the way for a seamless home buying experience. If you find our approach appealing, explore our home buying strategy to discover more about how we assist our clients in finding their dream homes.