Posts Tagged ‘Shopping Around’

I realize that the mortgage industry has created an environment where people feel they need to “shop” for the “best rate.” First of all, I want you to know that I guarantee that my team and I structure loans that will provide the lowest cost over the anticipated life of the loan. This means the rate I suggest may be lower or higher than the “quoted” rates around town. However, if it is higher, I guarantee that my recommended fees are lower to compensate for the higher rate. Realize that there is an inverse relationship between rates and fees, and I typically suggest a loan structure that is not typical for the industry (the way that “quoted rates” are computed.) Therefore, if you hear of a lower rate, do not conclude it is a better deal. You can rest assured that you are being advised by an accredited mortgage professional who understands your goals and objectives. In short, you are in very capable hands.

In the event that you do decide to “shop around,” I STRONGLY recommend you consider a few things. Take a brief minute and read through the following article. Feel free to pass it along to your friends and family as well. We hope you enjoy! Read the rest of this entry »