Fill out to form below and we’ll be in touch to set up an appointment at your convenience.

"Lawrence's outstanding service helps me and my clients. From the simplest mortgage to the most difficult loan, Lawrence has completed the task. He is a true professional."

Anthony DeGregorio Jr., CFP®

"Buying a home - the amount of time and money you're investing - can be scary. Nick breaks it all down into an easy and understandable format. He's very professional and upfront."

Jeremy Starkweather

"I've referred at least half a dozen co-workers and friends to Lawrence, and that says a lot. I think the world of Lawrence - his advice and insight is excellent."

Paul Hidar

"Nick's at the top of his game. Working with him and Team Montani made my first home-buying experience hassle free. I already recommended him to other family and friends."

Mike Devlin

"I'm a real estate investor, and I worked with Lawrence to buy an investment property. He came up with an idea that saved me a substantial amount of money."

Garrett Henderson

"My clients all love Nick Rosetti from Team Montani. He makes them feel like they're his only clients. He takes the time to speak with everyone and gets to know their situation. He really cares!"

Angela Georgalas, Realtor

"Nick Rosetti is the only mortgage professional I frequently recommend. My siblings, parents, and most of my friends have used or are using Nick."

Mike Emmert, Title Agent

"I was so impressed by Lawrence I knew there was no need to shop around. He's so knowledgeable, he's more like a financial advisor, helping you do or afford things you never dreamed were possible."

Paula Mako

"I refinanced my house and bought a vacation home in the last month. Working with Nick Rosetti was great! It was a complex situation, and he made me feel very comfortable."

Nicole Newman

"Nick is great. He keeps me up to date on the clients we have in common. He's quick to respond and always stays in communication."

Mary Alice Goss

Applying For A Mortgage

Home > Resources > Applying For A Mortgage

Applying For A Mortgage: More Than Just Rate Shopping

When you hear the word “mortgage,” what immediately comes to mind? If you’re like many people, you probably think about rates — and not much else.

A competitive rate is an important part of the mortgage equation, of course. But assuming that the process of buying or refinancing your home is solely about rates can be a costly mistake in the long run.

The purchase of a home is probably the biggest financial commitment most of us will ever make. It’s also part of a larger financial picture that includes your long-term investment and retirement goals, your family obligations (from college-bound children to elderly parents), your current debt load, and your lifestyle.

By not viewing your mortgage options through this “big picture” lens, you run the risk of making a shortsighted or uninformed decision. The right mortgage can be thought of as a powerful lever — one that can help you shift financial obligations for long-term benefit, facilitate planning for future expenses such as college tuition, and pave the way to attaining your retirement goals that much faster.

How can a mortgage possibly do all that? It all starts with the right mortgage consultant. A truly knowledgeable mortgage professional brings to the process much more than a list of current rates. He or she should also have the expertise to review your overall financial situation, explain the mortgage options that may be right for you, and make objective recommendations to help guide you to the right decision.

This is what is known as a “consultative approach,” which focuses on educating the buyer rather than simply selling you a loan that may or may not be the best for your needs. For example, during an initial meeting a Team Montani mortgage consultant will ask questions like these:

• How long are you planning to stay in the home that you’re financing?
• If you’re refinancing, would extra cash help for renovations or paying off high-interest credit card debt?
• Do you have children and need to plan for college costs?

A professional mortgage consultant will also take the time to examine your current credit report in detail, then review it with you to look for any discrepancies that should be corrected. A good credit report makes it easier to get a loan at the best possible rate, which means smaller monthly payments. That’s why it’s important to correct any inaccuracies on your credit report.

If your credit situation is less than stellar, your mortgage consultant should also offer realistic suggestions for improvement — budgeting, avoiding additional debt, or utilizing the services of a reputable credit counselor. Be wary of anyone who promises to increase your credit score quickly in exchange for a fee. Only time and deliberate effort will improve your credit.

From your credit status to your retirement goals, some buyers may be taken aback by all the questions an experienced loan officer will ask. Don’t be put off by queries that can indeed get a little personal — after all, what’s more personal than your finances? Rather than feeling uncomfortable, recognize that the information you provide will ultimately help structure a loan that meets both your immediate and long-term financial needs.

Hopefully, now you can see that the “right” loan extends far beyond simply finding the lowest rate. By working with an experienced lender to understand the nuances of the mortgage process, you’ll be in the best possible position to find the mortgage that makes the most productive use of your money.