In Cincinnati’s competitive market, with median prices at $250,000, selecting the right broker is key. Michael Piccola of Team Piccola Loans offers tips for success.
What is a Mortgage Broker?
A broker connects borrowers with lenders, providing options like conventional, FHA, or jumbo loans tailored to your goals.
Key Factors to Consider
Experience
Choose a broker with a proven track record in Cincinnati.
Local Expertise
Familiarity with Ohio regulations and neighborhoods is essential.
Reputation
Check reviews on platforms like Team Piccola Loans’ Google Business Profile.
Loan Variety
Ensure diverse options like refinancing or USDA loans.
Transparency
Fees and terms should be clear and compliant.
Tips for First-Time Buyers
- Seek referrals from friends or realtors.
- Interview multiple brokers.
- Verify licensing via NMLS.
- Ask for a detailed process explanation.
Common Mistakes to Avoid
- Skipping credential checks.
- Focusing only on rates.
- Not comparing brokers.
Why Choose Team Piccola Loans?
Michael Piccola’s client-first approach ensures compliance and personalized service.
Schedule a free consultation via our Google Business Profile.
