Buying a new home can be an exciting time in a person's life, but the process requires a great deal of communication among all of the parties involved. First-time home buyers can often become overwhelmed by the deluge of new information and tasks, including the financing process, the move, and the mortgage closing. The entire process — from applying for a mortgage to closing on the new home — can create a lot of work for the would-be happy homeowner.

Recognizing the opportunity to improve on the new home buying process, some home builders team up with mortgage companies to offer a more complete home buying service. This one-stop home shopping experience simplifies the process for first-time and veteran home buyers alike, freeing them to focus on the home itself, rather than trying to coordinate elements of the buying process, such as securing a home loan and closing on the mortgage.

One home builder that has successfully streamlined new home construction with the mortgage lending process is Maronda Homes. The national home builder has teamed with its mortgage subsidiary, MFC Mortgage, to offer Maronda home buyers a specialized financing alternative. This arrangement permits the home builder to communicate effectively with the home financing services sector, a method that keeps customer satisfaction at the forefront of the business transaction. The only customers MFC deals with are those customers who are purchasing Maronda homes.

Facilitating coordination between builder and lender is one reason new construction builders partner with their own mortgage companies. Cost-savings is another major advantage of purchasing a home from a new construction builder-mortgage company partnership. Mortgage companies who leverage this kind of partnership for their customers' benefit are most likely to have specialists on staff. These individuals will have years of experience in financing new home purchases, and will offer loan programs that have been tailored to accommodate new home owners. New home loan consultants at MFC Mortgage work to get Maronda customers the right loan at the best possible rate, with optimal closing cost assistance. Maronda and MFC Mortgage work together to make sure that their joint customers move into homes they love, with a level of satisfaction that they can rave about.

During the home building process, partnered loan officers such as those at MFC Mortgage often work from the home builder's sales office to handle the mortgage pre-qualification. Through credit, income, and asset checking, loan officers experienced in the new home buying process can ensure that their customers are financially eligible to secure a mortgage. More importantly, they will work to make sure their customers can get the lowest mortgage payment possible, with the least out-of-pocket expenses spent at closing.

In Maronda Homes' case, eliminating the pitfalls of the mortgage financing paper chase begins with the partnership between the home builder and its mortgage company. Maronda makes sure that each MFC loan officer has a solid business relationship with his or her corresponding Maronda community sales representative. Local community representation is important for national builders such as Maronda. Builders and lenders who know their communities well are best suited to develop strong relationships with their customers.

Despite major advances in communications technology, it can still be a challenge to get the right people in the right place with the right documents to close on a home. By coordinating the mortgage lending process with the home-buying process, homebuilders are able to simplify the path to home ownership — from credit check to closing — in an increasingly complex world.

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