This is so true and the reason why you are our preferred lender. Competitive rates and communication are key to getting our clients into their dream home.
My wife and I, we are currently saving towards buying our dream home. We have closed twice before with our first property, when we originally bought and refinance. Just like you mentioned we went with the lender that was recommended to us by our builder. The closing costs is definitely the part that is most uncomfortable since it feels you are at their mercy not knowing if you are being taken advantage of. Thank you for sharing your insight! I can see how giving you a higher rate and extra fees offsets their free money. There’s no such thing as a free meal they say. We will definitely get loan estimates when the time comes! Thank you mam!
Jennifer, I just have so much admiration for you. I will be sitting for my MLO in September, missed by a few points the first time-bummer. But when it comes my time to find a place to set my feet, my goal is for them to have the same tier of ethics as you. As a former medic, I genuinely care for people and I think this job is such unique opportunity for us to serve our community and educate.
@TerryKashat having a home that is paid for with 300,000 equity is never a bad idea. There is no way I would ever finance a home for retail that I can build with cash at half the cost. Not the easiest way to get into a new home, but the fastest way to create equity. Takes longer because we use cash to buy materials, but sweat equity is where the money is earned. Most cannot do that and understand that too, but I actually enjoy building the house, so it's not a problem.
Jenn, thanks for everything your team has done for the Wife and I. Will definitely be using you and your team again when getting another house in future . Got keys to new house yesterday. Will tell my Soldiers about you also. V/R Perez Family
Hi Jen! We are looking into getting a home sadly we were not picked from dream for all. My lender gave us 3 options including calhfa my home assistant. What do you think? We are from east bay California.
Someone told me yesterday that you should only use a va loan if you don’t plan to put money down. She said if you plan on putting a down payment on a home, you should use a different loan, you’ll get a better rate. Is that true?
After 19 years at our home we are selling and buying an another home in another state. We are retired and working with a mortgage broker through Zillow. Everything looks good according to the broker we we decided to make an offer. I have no idea what mortgage company we are going to with when we do. We did a cash out refinance last year with Rocket Mortgage, to do some home improvements and it went pretty smoothly. Not sure to stay with the broker or go with Rocket Mortgage again?
I’ve been pre approved from a few mortgage lenders, but I have not found a home yet. Do I find the home first then discuss the terms? I’d imagine that would be the case. Also, I’m looking to use my VA loan(first time home buyer).
A lot of them are. You will see a 15k builder credit if you use their in house lender and then for rate and fee the buyer is being charged 20k and the buyer is still bring in 10+ thousand to closing. We see this all day. I never said I work for free.
We all know I don’t name names, but if you have a real estate agent, that’s sending you an essay about how amazing their preferred lender is and you get a special credit if you work with them, be aware
