FAQs
What does Shannon Swanick do as a TPO?
Shannon Swanick works as a Third-Party Originator, or TPO, providing mortgage solutions by connecting clients with various lenders. Her role involves assessing clients’ needs, comparing loan products, and ensuring they receive competitive terms and personalized support throughout the mortgage process.
What are the benefits of working with Shannon Swanick over a traditional loan officer?
Unlike a loan officer tied to one bank, Shannon, as an independent TPO, can access a wider variety of loan products across multiple lenders. This increases the chances of finding better loan terms and ensures clients receive unbiased advice tailored to their specific financial situations.
Does Shannon Swanick help clients with low credit scores?
Yes, Shannon provides credit assessment and counseling to help clients understand and improve their credit. She assists clients in boosting their credit profiles to qualify for more favorable loan options and offers guidance on FHA and VA loans that may have more flexible credit requirements.
How does Shannon handle the mortgage application process?
Shannon streamlines the mortgage application process by handling initial loan origination, helping clients gather necessary documents, and guiding them through each stage. She keeps her clients informed at every step, making the process straightforward and less stressful.
Can Shannon Swanick assist with refinancing an existing mortgage?
Absolutely. Shannon offers refinancing options for homeowners looking to adjust their loan terms, lower interest rates, or reduce monthly payments. She evaluates refinancing opportunities to find the best terms for each client’s needs.