Credit Score v. Rate

By
Real Estate Agent with HomeSmart Realty West CA01938972, CA-DBO1483386

 

I constantly receive inquires from prospective mortgage prospects and the first question from them is typically, "What is the rate?"

There are so many other factors that need to be considered before making any sort of decision on a mortgage loan.

Many Real Estate agents follow suit on this. Please do yourself a favor and let your Mortgage Professional field these inquiries.

 

It could mean the difference on making or losing a sale and buyer prospect!

Posted by

Sandy Padula & Norm Padula, J.D., GRI
CA DRE# 00902455 &  CA DRE#01938972, FL Bkr# 3090255 & NMLS#1483386

Home Smart Realty West

Lend Smart Mortgage, Llc.

760.985.2055  Sandy
858.444.7060 & Norm

SDLuxHomes.com

PRESENCE ~ PERSISTENCE ~ PERSEVERANCE

 

 

 

Comments (3)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Sandy and Norm the online rates for lenders also normally include one point, that is one of the reasons why they will show a lower rate, however, most borrowers want a zero point rate, so it will be higher.

Nov 27, 2019 12:18 PM
Sandy Padula and Norm Padula, JD, GRI

So true, George Souto and when we point out the differences, we are doubted by these folks...until they start reading the fine print and disclaimers. There is no such thing as a 'Free Lunch' and the New World has already been discovered.

Nov 28, 2019 07:52 AM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

You are the man Norm!  People that get to deal with you are quite lucky!  I hope that you both have a wonderful Thanksgiving!

Nov 27, 2019 12:53 PM
Sandy Padula and Norm Padula, JD, GRI

Thanks, Brian England and Happy Thanksgiving to you and your Family!


 

Nov 28, 2019 07:50 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Sandy and Norm I hope you and your family had a happy and safe Thanksgiving today.

Nov 28, 2019 08:14 PM