Shelly Maldonado is a mortgage loan officer specializing in coastal real estate.
A mortgage loan officer guides you through the entire homebuying process, from loan application and approval to closing and beyond. If you’re considering buying a home, a mortgage loan officer will first educate you on the loan products that best suit your needs.
The factors that influence second home mortgage rates include the loan-to-value ratio, credit score, and income of the borrower, as well as the type of loan and the location of the property. Since second homes are considered a higher risk for lenders, they may offer higher interest rates than primary residence mortgages. Additionally, the type of loan used for a second home may be limited to Conventional or Jumbo loans. It is important to work with a mortgage loan officer who can guide you through the process and help you find the best loan options for your specific situation.
Shelly is a branch manager for Guild Mortgage. Guild Mortgage is a leading independent mortgage lender in the United States, specializing in residential home loans for more than 60 years, grown through referrals by focusing on doing what’s right.