loan help: Why it’s wrong for consumers to shop for the lowest mortgage rate.
- 12/28/16 12:03 PM
Most consumers only know how to shop for a mortgage in one fashion: call a lender, ask about the rate and points, compare that with 1 to 3 other quotes, and then choose the lender with best rate. While I have many reasons to not choose a lender based just on rate, this dialogue is meant to differentiate between shopping for the best rate and shopping for the best value. In fact, just shopping for the best rate ends up many times costing the consumer more. Let me explain…
Real value is a loan officer who actively manages each loan by structuring … (1 comments)
loan help: Want to buy a home but need help with closing costs? Check this out!
- 02/14/14 09:32 AM
Per my last Blog post, here is the formal announcment about the Fannie Mae program that is open to regular homebuyers. It only lasts for offers accepted by March 31, 2014. No kidding. Here is the formal announcment. http://www.homepath.com/incentives.html Happy house hunting! … (0 comments)
Most consumers only know how to shop for a mortgage in one fashion: call a lender, ask about the rate and points, compare that with 1 to 3 other quotes, and then choose the lender with best rate. While I have many reasons to not choose a lender based just on rate, this dialogue is meant to differentiate between shopping for the best rate and shopping for the best value. In fact, just shopping for the best rate ends up many times costing the consumer more. Let me explain…
;)
;)
