Get A Second Opinion
You would get a second opinion if you went to the doctor and surgery was recommended, right?
Taking on a mortgage is a big commitment that is worthy of knowing you are receiving a fair offer and structuring a loan for what is in your best financial interest.
Before you commit, let me help you understand what you’ve been offered.
Loan Estimate Review
Let’s face it, as much as the mortgage industry has tried, understanding the numbers can still be confusing. Rate, APR, Points, fees, prepaids, third party charges, etc.
I will do a FREE review of a competitor’s offer for rate, fees, and structure. Furthermore, if it is a builder lender where incentives are being offered, I will advise on the best way to apply the seller contribution to have the greatest financial impact for you. No cost to you with the result of peace of mind if you are receiving a fair offer, or providing you facts that may help you to negotiate better terms. Why would I do this? Hopefully, if you are happy with my help, you will tell others.
Loan Denial
Not are lenders are the same and a denial with one, may be approved by another. Yes, there are guidelines, but some lenders have overlays that are more restrictive. And, the loan officer’s knowledge matters as well. Some lenders may be limited in their product offerings. Or, maybe a credit union could be a pathway.