05/22/2024
If your shopping for a home loan (and you should because rates make a difference to your payment!), please consider getting a quote from a small, local Direct Lender (like us) or a mortgage broker. As a mortgage professional that spent many years working for larger retail companies, I know that many were “built” for lower rate market environments. Office leases (most Lenders work from home, marketing staff, compliance, middle and upper management, processing/closing departments, loan office commissions, recruiting bonuses to grow staff are all absorbed in the cost to originate a loan and often times passed off to the consumer in the form of a higher rate or fees. Reality is technology allows smaller companies to be competitive without all the fluff!
If you are a Realtor who refers clients for pre approvals, please make sure you have an established relationship with different types of Lending Companies and Loan Officers so you can ensure your clients are getting the BEST deal with the BEST service!
