#40 Your Mortgage Lender and the Community


“Community” is a Network, and whether or not we like it, we are – to some degree – judged by the company we keep!   In personal or business matters, our reputations are closely connected to both our deeds and our associates: our Network! 

It’s interesting and important to notice the other places where your Mortgage Loan Officer and company is involved in your business community, and the community overall. Why does your Mortgage Lender find it important to participate in “Community” is a Network, and whether or not we like it, we are – to some degree – judged by the company we keep!   In personal or business matters, our reputations are closely connected to both our deeds and our associates: our Network! 



It’s interesting and important to notice the other places where your Mortgage Loan Officer and company is involved in your business community, and the community overall. Why does your Mortgage Lender find it important to participate in  community associations, organizations, clubs and other business and social entities?   Quite probably it is because being an active part of the community Network has real value  -- as part of the life, activity, heartbeat and integrity of the community.   And those are vital connections!

Once you have developed your working relationship with your Mortgage Loan Officer, you may begin to notice how involved they are with the community’s volunteer organizations.  Just think about the venue itself: mortgage lending!   How better to know the territory for your clients than to participate in community activities, meet community members, volunteer where needs exist and be a part of the community’s challenges and solutions?

A large part of appropriately advising clients who are seeking a Mortgage Loan is knowing the community, understanding its character and strategizing outcomes with them.  Anyone who has gone through the process of qualifying for a Mortgage loan knows that it isn’t 100% about the funds.  It is also about who you are, and your place and stability in the community where you will be investing with those funds, and participating in the direction of that community’s future.

Your Mortgage lending firm has a vested interest in knowing their community, how it works, what it needs and who its caretakers are.  When you notice your Loan Officer in the grocery store or on the ball field or at a Chamber of Commerce meeting, it’s a short leap to realizing they are investing themselves in the community, just as you are doing.

There is something of extra value that a commercial business brings to the table when it steps outside of its specific function and shares energy, ideas, time and funds with the community Network.   And, it’s a two way street. 

Is there an ulterior motive?  Of course – and there is more than one!  Stepping outside the basic business function and into a volunteer role in the community can only foster good will.   Businesses have skills, talents and strategies to bring to the projects that clubs, organizations and city governments have underway.  Knowing your professionals “give back” to the towns and counties where they live and do business, in the form of volunteering, kind of levels the playing field. 

Acquiring a Mortgage Loan is a really personal milestone in someone’s life. It’s all about sinking roots, investing in community, helping to stabilize the local economy and making a house into a home.  Moving through all the preparatory steps and documentation, then being awarded your financing, all manages to also build for you a solid connection to the people and process that made it happen.

Your Mortgage Lender reaches out into the community partly to lessen the gap between clients and facilitators.  By default, your Mortgage Lending entity is theoretically seated and present at virtually all community meetings and events, simply because of the universality and connection it has to the population and its residential properties!

Your Mortgage Lender is immersed in the local community’s fabric because it’s not only good business – it’s being a good neighbor!

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